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Pillar of the Community
Germany
1238 Posts
 Posted 07/30/2008  4:27 pm  Show Profile   Bookmark this reply Add chrisild to your friends list Get a Link to this Reply
Don't think that any economic reforms are planned in Zimbabwe. According to this BBC article for example http://news.bbc.co.uk/2/hi/africa/7532702.stm the primary reason is just to keep the money "manageable". Too many zeros are difficult to handle for most people but also for quite a few machines ...

And then, well, all those zeros look bad. So for a while Zimbabwe will have fairly "normal" denominations, I suppose. How long that will last - who knows.

Christian
Pillar of the Community
DL20K's Avatar
Poland
3201 Posts
 Posted 08/01/2008  2:18 pm  Show Profile   Bookmark this reply Add DL20K to your friends list Get a Link to this Reply
Zeroes have been cut today, the new banknotes are available at banks.

Prices increase several times a day. The govt faces difficulty in having to print even more money.
Rest in Peace
Parklane64's Avatar
United States
2668 Posts
 Posted 08/01/2008  11:38 pm  Show Profile   Bookmark this reply Add Parklane64 to your friends list Get a Link to this Reply
From the previous link:


Quote:
.....Mr Mugabe blames Zimbabwe's economic problems on white businessmen and Western sanctions, rather than his own policies......


I recommend he keep his plane and pilot ready.
Valued Member
florida's Avatar
United States
417 Posts
 Posted 08/27/2008  12:27 am  Show Profile   Bookmark this reply Add florida to your friends list Get a Link to this Reply
lol "white businessmen".
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