Zimbabwe economic crisis: new currency lost nearly half its value in six months

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Al Jazeera English

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Zimbabwe economic crisis: new currency lost nearly half its value in six months


Zimbabwe’s government is struggling to stabilise the country’s economy.

Al Jazeera’s Haru Mutasa reports from Harare:

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@phillipvanrheede9995
21 hours ago

Stick with the dollar, stop messing it up with we want our own currency

@hlindner75
21 hours ago

They think they can print gold.

@kalibabadt2
21 hours ago

The thing with Zim is that they were unable to get funding for all the infrastructure developments that have been happening recently and to tackle the problem they decided to print and create more of f the currency to fund the activities…. Repeating the same mistake in 2008 leading to our current predicament 🤦

@zenogeno3752
21 hours ago

Why is al jeezra so interested in this country. This will never be a Muslim country

@TatendaMapungwana-k3y
21 hours ago

why does the reporter sound so imperialistic and neo-colonial though? the solutions that the reporter is offering are just imperialistic to me

@Suldan34
21 hours ago

People are blaming zimbabwe? The west imposed sanctions because they wanted democracy? Does anyone understand how hypothetical that is?

@tsekisohlokwe301
21 hours ago

They should take down sanctions

@jimmycricket5366
21 hours ago

Despite what greedy and avaricious people might think, you cannot propagandise a currency and back it up simply by the foul 'hot air' out of a politician's mouth.

@leocardiamaruta4208
21 hours ago

I think if those at the top are embezzling much money without anyone voicing out like they do in South Africa. They will just continue to loot

@MandlaLanga-e7x
21 hours ago

Problem is the small devil wants to fight the bigger devil

@PERFECT3345
21 hours ago

Definitely agree that we need years to restore public confidence before using own currency

@michellegrobbelaar7379

They must swallow their pride and adopt the rands full time.

@raymondmandaza7979
21 hours ago

Surely you dont know anything about our Beautful Zimbabwe.

@NtombizNcube
21 hours ago

Our leaders in Zimbabwe are in society of Devil they're is nothing which is gonna change in Zimbabwe our leaders are devil workships

@libertycoffeehouse3944

Communism and socialism doesn't work. You have to get rid of the central bank. Fifth plank of the communist manifesto is to have a central bank. They always use fractional reseve banking without gold. You must move to decentralized banking. Establish warehouses with commodities backing them. It must be 100 percent honest.

@leonmabhena3998
21 hours ago

Zimbabwe is a joke

@trevormadovi2469
21 hours ago

SADC Chairman's currency 🤣🤣🤣🤣

@Kellylv8
21 hours ago

I'm surprised there's still Zimbabweans, in Zimbabwe

@ChinsisiMakwelero
21 hours ago

bad reporting,currently Zimbabwe's Economy is doing better than before tha other countries in the region(SADC)come to Malawi and see how the western puppet has destroyed the economy in just few years.

@morat795
21 hours ago

Get rid of the Hyena president & his cronies.

@karimmoorad9649
21 hours ago

Zimbabwe is an example of why you shouldn't betray westerners without backing from your african neighbours.

@conceretejungle1150
21 hours ago

Haru Mutasa the agent😮

@Kirsten567
21 hours ago

Great now South Africa has to carry this burden called Zimbabwe that didn't even help us during Apartheid they should just merge with SA and become our tenth province

@BachelorMac1016
21 hours ago

why does the money look like a print on a plain paper cutout… Crazy…

@Mfimbosh
21 hours ago

Zimbabwe should just join the CMA already! It’d mean:

1⃣ Lower Transaction Costs – easier trade with SA, Lesotho, Namibia, Eswatini.
2⃣ Increased Stability – better inflation control and stronger currency policy with the Rand.
3⃣ Restored Trust – a currency backed by ZAR would give people confidence.

And we’d still keep a local currency; it’d just be linked to the Rand for stability. This doesn’t even have to be forever—think of it as a 30-year plan to get our economy on track.

@iMustaphaa
21 hours ago

I wonder why the Citizens of Zimbabwe can not be patriotic to use their currency instead of USD at least for local transactions.

@lesihomathe2690
21 hours ago

AS LONG Zanu pf still rules nothing will change in Zimbabwe even Zimbabwe soldiers are brain washed by Zanu pf regime they cant even send their kids to better school just suffering while protecting the Usles gorvement telling people that you fought for Zimbabweans but nothing you just fought for poverty

@yourne-p6h
21 hours ago

1 trillion zig incoming 😂

@The66680
21 hours ago

African independence at its finest.

@blakshatta4093
21 hours ago

Why don't you report on the positive that is happening 😢
Media is bullshit 😂

@blakshatta4093
21 hours ago

Iwe haru mutasa kumhata

@Ben-t1z
21 hours ago

Africa is a s***hole and it will always be the worlds dump

@anthonytesla8382
21 hours ago

😂😂oh yeah but at least they own the land right?

@josephrubalema1193
21 hours ago

For a country with over 90% literacy rate it's embarrassing they can't figure out basic economics. So much for "we are independent from whites" rhetoric

@gibson2675
21 hours ago

Sadly Ian Smith was proved right

@mikenobody190
21 hours ago

Just use the ZAR (Rand, South Africa's currency).

@adrianchitiga
21 hours ago

That western governments part is a sticking point for ZANU unfortunately

@ericsmith1453
21 hours ago

No GDP, no progress, only poverty and bread lines, as long as this concept is not followed nothing will work

@cli4g67graS
21 hours ago

If you implement communism policy, you will end in poverty, 100% sure, no matter ethnic, rich or poor country or anything.

@Bookreviewer-n5e
21 hours ago

Zimbabwe kick out IMF. IMF is worse than 4th grade cancer.

@t_whelms
21 hours ago

So what would happen if they ( Zimbabwe ) adopted temporarily a currency of a neighbouring country to stabilise the economy ?

@AmoMoëti
21 hours ago

So Zimbabwean thought they will beat dollar? Funny. Zimbabwe should just close as a country

@TzaboChakuze-vp7os
21 hours ago

Reasons why Zim doesn't just use the ZAR ?

@chi-jenyang9752
21 hours ago

This is what happens when a gold-backed currency is backed by imaginary gold.

@tinotendakunaishe7952
21 hours ago

25 years of chaos and no concerted effort to fix the problem

@thesigmasystems
21 hours ago

We are waiting for a new Currency , we are used to this

@Zimcautions_a2
21 hours ago

Why don't you post something good about Zimbabwe rather than negative.