It is most people’s dream to become a millionaire one day. Most people work hard day and night, some go to extremes to be millionaires. Most will die without achieving this dream. Where as in Zimbabwe nearly everyone is a poor millionaire. People are lining their pockets with millions of dollars everyday. Zimbabwe introduced a new higher denomination ZW$10 000 000 bank note which is equivalent to about £1 last Friday.
A loaf of bread costs ZW$2.5 million, one chicken will costs you ZW$25 million. Is this not madness, things have gone bananas.
What have the people done to deserve this? Since the introduction of the new higher denomination bank notes by the reserve bank on Friday last week the prices of most basic things have gone up. The country has got one of the highest inflation rates in the world, officially estimated at 25 000 percent or 150 000 percent according to independent financial institutions.
The higher denomination bank notes were meant to solve the cash crisis that the people have suffered from for a very long time. But this has only created more problems for the people. The introduction of the new notes has just brought more misery and more pain to the people of Zimbabwe.
All those salaries increments awarded to the people a few weeks back means nothing now. Even though the increment was never enough, I guess it was a relief to the long suffering people of Zimbabwe. However this has also brought more misery to the people. They move around with sacks full of millions of valueless Zimbabwean dollars.
Zimbabwe has been suffering from severe food shortages, fuel shortages and also many other basic necessities are always out of stock.
What have the people done to deserve this? In a country with so many educated people, a country with so many much talked about great leaders. So how could they be blind to all this suffering people are going through? Is it that they don’t care about people anymore?
Now people seem not to be interested in things going on in the country, they have lost hope of things getting better in the country. No one seems to have a solution to the problems facing the country.
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January 25th, 2008 at 3:19 am
i just came from a google searching about zimbabwe.
i found that your blog has unique content, rich of infos about your country. and i’m sad too about what happened on economic matters. i wish that your leader will do something. something which make his people better, at least for the next generation.
greetings from malaysia.
January 25th, 2008 at 9:25 am
Thanks Pakten.
April 1st, 2008 at 1:56 pm
I agree with Pakteh – thanks for your postings. I read them in SAfrica and appreciate your calling a spade a spade. Stand strong – we are praying for your country………..