Zimbabwe's central bank will introduce new higher-value 100 billion Zimbabwe dollar notes on Monday as part of a desperate fight against spiralling hyperinflation.
Central bank Governor Gideon Gono announced earlier in the week that inflation had surpassed 2.2 million percent. Zimbabweans are suffering chronic shortages of meat, maize, fuel and other basic commodities due to the collapse of the once prosperous economy, which critics blame on President Robert Mugabe's policies, including his violent seizure of white-owned farms.
(Deutsche UN delays vote on sanctions against Zimbabwe ...
Kenya urges AU to suspend Mugabe ...
Global Media Forum continues ...
Google denies staff 'brain drain' ...
US Fed cuts benchmark interest rate to 2 percent ...
Mugabe trying to 'steal election' ... Welle)
more info >>
<< Back
