THE Reserve Bank of Zimbabwe has introduced new $20 billion and $50 billion notes as part of measures to increase convenience to the banking public.
The introduction of the new notes is also expected to coincide with the withdrawal of full salaries by workers upon production of a pay slip.
Consumers have, over the past few months, watched helplessly as businesses increased prices each time higher denomination notes were introduced.
http://herald.co.zw
Newsweek reports that Zimbabwe residents are going through severe hardships yet surviving it with humor. The reporter found a fast-food joint was selling burgers and fried chicken, and a double cheeseburger cost 50 billion Zimbabwean dollars. And if you order a full meal with fries and a Coke, it cost 80 billion Zimbabwean dollars.
http://digitaljournal.com
MY COMMENT:
"... Introduced new $20 billion and $50 billion notes as part of measures to increase convenience to the banking public." How considerate and thoughtful of Mugabe. What a joke. "... to increase convenience to the banking public" He might as well turn their pay slip into a legal tender. I really wonder if they have an economist in the whole country at all.... If he wants to be considerate and thoughtful, he should vacate that seat immediately.
And how about that, the world's most expensive fast-food. That should be the food to eat. Eat up and you'll never go hungry again ...lol!. I wonder what's next.
The introduction of the new notes is also expected to coincide with the withdrawal of full salaries by workers upon production of a pay slip.
Consumers have, over the past few months, watched helplessly as businesses increased prices each time higher denomination notes were introduced.
http://herald.co.zw
Newsweek reports that Zimbabwe residents are going through severe hardships yet surviving it with humor. The reporter found a fast-food joint was selling burgers and fried chicken, and a double cheeseburger cost 50 billion Zimbabwean dollars. And if you order a full meal with fries and a Coke, it cost 80 billion Zimbabwean dollars.
http://digitaljournal.com
MY COMMENT:
"... Introduced new $20 billion and $50 billion notes as part of measures to increase convenience to the banking public." How considerate and thoughtful of Mugabe. What a joke. "... to increase convenience to the banking public" He might as well turn their pay slip into a legal tender. I really wonder if they have an economist in the whole country at all.... If he wants to be considerate and thoughtful, he should vacate that seat immediately.
And how about that, the world's most expensive fast-food. That should be the food to eat. Eat up and you'll never go hungry again ...lol!. I wonder what's next.
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