Zimbabwe economic crisis: new currency lost nearly half its value in six months
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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Stick with the dollar, stop messing it up with we want our own currency
They think they can print gold.
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 🤦
Why is al jeezra so interested in this country. This will never be a Muslim country
why does the reporter sound so imperialistic and neo-colonial though? the solutions that the reporter is offering are just imperialistic to me
People are blaming zimbabwe? The west imposed sanctions because they wanted democracy? Does anyone understand how hypothetical that is?
They should take down sanctions
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.
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
Problem is the small devil wants to fight the bigger devil
Definitely agree that we need years to restore public confidence before using own currency
They must swallow their pride and adopt the rands full time.
Surely you dont know anything about our Beautful Zimbabwe.
Our leaders in Zimbabwe are in society of Devil they're is nothing which is gonna change in Zimbabwe our leaders are devil workships
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.
Zimbabwe is a joke
SADC Chairman's currency 🤣🤣🤣🤣
I'm surprised there's still Zimbabweans, in Zimbabwe
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.
Get rid of the Hyena president & his cronies.
Zimbabwe is an example of why you shouldn't betray westerners without backing from your african neighbours.
Haru Mutasa the agent😮
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
why does the money look like a print on a plain paper cutout… Crazy…
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.
I wonder why the Citizens of Zimbabwe can not be patriotic to use their currency instead of USD at least for local transactions.
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
1 trillion zig incoming 😂
African independence at its finest.
Why don't you report on the positive that is happening 😢
Media is bullshit 😂
Iwe haru mutasa kumhata
Africa is a s***hole and it will always be the worlds dump
😂😂oh yeah but at least they own the land right?
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
Sadly Ian Smith was proved right
Just use the ZAR (Rand, South Africa's currency).
That western governments part is a sticking point for ZANU unfortunately
No GDP, no progress, only poverty and bread lines, as long as this concept is not followed nothing will work
If you implement communism policy, you will end in poverty, 100% sure, no matter ethnic, rich or poor country or anything.
Zimbabwe kick out IMF. IMF is worse than 4th grade cancer.
So what would happen if they ( Zimbabwe ) adopted temporarily a currency of a neighbouring country to stabilise the economy ?
So Zimbabwean thought they will beat dollar? Funny. Zimbabwe should just close as a country
Reasons why Zim doesn't just use the ZAR ?
This is what happens when a gold-backed currency is backed by imaginary gold.
25 years of chaos and no concerted effort to fix the problem
We are waiting for a new Currency , we are used to this
Why don't you post something good about Zimbabwe rather than negative.