Zimbabwe inflation rate soars to 175%

[Kosmik]

I must have missed Zim 2.0 then. Where are the MyBBers who said we would be at Zim 2.0 by now?

Ah no, I meant Zim is on its third version not us.

 

[Priapus]

Ah no, I meant Zim is on its third version not us.

Oh right.

 

[Bewlen]

I must have missed Zim 2.0 then. Where are the MyBBers who said we would be at Zim 2.0 by now?

Patience is a virtue

 

[rietrot]

I must have missed Zim 2.0 then. Where are the MyBBers who said we would be at Zim 2.0 by now?

Venezuela beat us to Zim 2. We are now possibly Zim 3.

We can't do anything right, we even suck at being a failed state.

 

[Gordon_R]

Talking also gets more expensive: https://www.fin24.com/Economy/Africa/zimbaweans-face-182-hike-in-mobile-call-tariffs-20190808

Zimbabweans will have to pay more for mobile calls after the country's telecoms regulator hiked tariffs by 182%.

The latest adjustment will see on-net calls per minute cost 48 cents (Zimbabwean dollars), up from 17 cents.

 

[reactor_sa]

ANC role models

 

[skeptic_SA]

Seeing how his country is deteriorating is probably why poor Mr Mugabe is so sick now. The anguish he feels seeing is fellow countrymen suffer has gotten to his core.

 

[schumi]

Zimbabwe teachers have been 'reduced to beggars'

Johannesburg – Zimbabwe teachers protesting their low wages are threatening to go on strike when schools reopen next month as the country’s deteriorating economy simultaneously faces yet another hike in fuel prices.

The Progressive Teachers’ Union Secretary-General, Raymond Majongwe, issued the warning on Twitter saying it would be difficult to open schools when the third term begins because teachers had been reduced to beggars with the rapid increase in the prices of basic goods, Pindula News reported on Monday.

More at : https://www.iol.co.za/news/africa/zimbabwe-teachers-have-been-reduced-to-beggars-30695805

 

[krycor]

Wonder what Zimbabwe is worth.. like if a country was worth a monetary value.

Imagine SA bought them out of debt (the pep store like transaction).. crazy idea yes but an interesting thought experiment.

On the ‘bright’ side our politics would be fascinating as the local parties would have competition (in a union no, only if one country).. work would be abundant, land issue disappears slightly as Zim is where you’d want to invest, skilled labour force suddenly available, disease an issue slightly, massive infrastructure need which will yield 3-5% gdp alone, start of a Southern African Union

 

[John Tempus]

Talking also gets more expensive: https://www.fin24.com/Economy/Africa/zimbaweans-face-182-hike-in-mobile-call-tariffs-20190808

Even with the price hike their per minute calling rate is cheaper than our per minute calling rates.

Damn.

 

[John Tempus]

Zimbabwe teachers have been 'reduced to beggars'



More at : https://www.iol.co.za/news/africa/zimbabwe-teachers-have-been-reduced-to-beggars-30695805

No sympathy.

Everyone were happily chasing the british government out of the country as quickly as possible. They ended up with what they got today as a result of their own choices. Who would have thought that freedom fighters would turn into dictators robbing the country blind.. duuuh.. it only always happens.

Same with SA, if we go down into the stinking sewer then it is all thanks to the majority voting in this country for us to end up in the sewer.

Tired of every other nation having to feel sorry for Zimbabwe when they are collectively the cause of all their own misery.

 

[rietrot]

Wonder what Zimbabwe is worth.. like if a country was worth a monetary value.

Imagine SA bought them out of debt (the pep store like transaction).. crazy idea yes but an interesting thought experiment.

On the ‘bright’ side our politics would be fascinating as the local parties would have competition (in a union no, only if one country).. work would be abundant, land issue disappears slightly as Zim is where you’d want to invest, skilled labour force suddenly available, disease an issue slightly, massive infrastructure need which will yield 3-5% gdp alone, start of a Southern African Union

https://www.farmersweekly.co.za/agr...es/buying-agricultural-land-know-your-market/

 

[schumi]

When your entire salary buys 7kg beef and some peanut butter: How hyperinflation hit Zimbabwe

A heavily-built man presses his mobile phone, glares at the screen and shakes his head dejectedly. Two Mazoe orange crush juices, three cartons of zap nax, tasty and flavoured corn treats and biscuits are perched in a shopping trolley inside the one of the country’s largest wholesalers, Mahomed Mussa in Harare. "The prices are unbelievable. That is why I am looking at my phone calculator," John Betani tells Fin24. "I was just calculating if the money I have can buy what I need for my son. Life is just tough now, my brother."

Betani, a civil servant, earns ZW$900 (US$48.50 or around R720) monthly. Although he has just been paid, Betani says the salary cannot sustain a family of six, given the rapid price increases for basic commodities in the country.


Betani is shopping for his son’s boarding school food. Apart from the foodstuffs for his son, the school has also asked for an additional amount of ZW$950 for school fees after hyperinflation eroded value.

More at : https://www.fin24.com/Economy/Afric...tter-how-hyperinflation-hit-zimbabwe-20191019

 

[BBSA]

Betani, a civil servant, earns ZW$900 (US$48.50 or around R720) monthly. Although he has just been paid, Betani says the salary cannot sustain a family of six, given the rapid price increases for basic commodities in the country.

Not many people can sustain a family of six.

 

[Hansolo]

Not many people can sustain a family of six.

You can if the UN air drops a 10 KG maize meal package near your hut. Well for a while at least.

 

[Knyro]

When your entire salary buys 7kg beef and some peanut butter: How hyperinflation hit Zimbabwe



More at : https://www.fin24.com/Economy/Afric...tter-how-hyperinflation-hit-zimbabwe-20191019

Family of six on a $49 salary WTF.

And these are the intelligent, hard working and educated Zimbabweans we're constantly told about? Smh.

 

[SaiyanZ]

Not many people can sustain a family of six.

In nature there are population fertility rates like this only if there is an oversupply of food or if the mortality rates before adulthood are high. Since it's definitely not the oversupply of food, starvation and death is what is expected before most kids reach adulthood.

So a person being unable to feed the their family of six isn't news. It's that persons fault for having so many kids as we as human beings have the ability to choose whether or not we should have many kids. Whereas in nature, animals etc. just follow instinct and the balance restores itself with more deaths in a generation.

 

[3WA]

Family of six on a $49 salary WTF.

And these are the intelligent, hard working and educated Zimbabweans we're constantly told about? Smh.

Nyama feels good man. Once you feel it, you'll never use condoms again.

 

[NarrowBandFtw]

these are the intelligent, hard working and educated Zimbabweans we're constantly told about?

Said noone, ever. The hard working, intelligent, educated Zimbos are all ... in South Africa

 

[grok]

Shame. We should send a few hundred tons of prime Limpopo top soil as relief, seems their land isn't as tasty or filling as they had hoped..