
Thousands of Zimbabweans queue to withdraw their cash before it’s value evaporates in the capital Harare. Traffic was held up as thousands tried to remove their money after the central bank raised the daily withdrawal limit to $20 000.
The Central Bank introduced higher denomination bank notes in another sigh of the hyperinflation situation in the country that has shown no sign of abating despite the signing of the power sharing agreement.
Isn’t it sad that the Zanu PF party still want to be part of the new government even after reducing the once vibrant economy to Zimbabwe ruins?
It is not funny at all when these poor Zimbabweans spend most of their time in bank queues to withdraw their useless hard earned Zimbabwean dollars. Whilst Mugabe waste the little foreign currency that the country has on his trip to the United Nations General Assembly in New York.
God knows how many people Mugabe took with him to New York. It will be right for Mugabe to travel with his family, but given the current suffering in the country, is it the right time to be doing that? I don’t think so.
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- It’s now illegal to possess more than $500 million cash in Zimbabwe!
- The Cash Crisis and Mass Confusion in Zimbabwe