Home » Comedy, Economy » Relief For Wallets In Zimbabwe

Relief For Wallets In Zimbabwe

Posted by EU Times on Jan 24th, 2008 // No Comment

Life has just become a little easier for Zimbabweans. Now they need only two banknotes, instead of at least 20, to buy a Z$15 million hamburger at the corner café.
This development stems from the decision of Reserve Bank Governor Gideon Gono, who has launched a highest-denomination note of Z$10 million (about R27) and others of Z$5 million and Z$1 million. The aim is to end a chronic cash shortage and long queues at banks and ATMs.
How long before these economic policy’s find themselves a new home in south africa?
Whether this effort will succeed remains to be seen. But at least every Zimbabwean is now a millionaire.

292lee1

Source

Please wait...

Did you like this information? Then please consider making a donation or subscribing to our Newsletter.

« Previous

Israel wants to teach Arabs about the Holocaust

Finnish Blogger Gets Fined And Shut Down by Finnish PC Thought Crime Police

Conversation Guidelines

Starting a conversation on our website is very easy, all you need to do is to write your name, email and the comment itself. No account is required to leave a comment. Your email won't be used for any purpose whatsoever, if you want, you can even write a fictitious email. Please keep it civil, try to refrain from slurs and insults. We offer Free Speech rights to our comment section but please take note that the comment section is moderated so certain comments may be held for moderation in case they triggered our automatic filters. If your comment is on hold for moderation and you can't see it anywhere there is no need to repost it. Don't worry, it doesn't mean it won't get approved. Please patiently wait and check back later.