A country in limbo

Between 2000 and 2008, Zimbabwe recorded the highest ever inflation – the government gave up trying to calculate the inflation rate after reaching 231,000,000% per annum. Save for salt and toilet paper, most supermarket shelves were bare.

Just as the world had witnessed during a similar economic crisis in Yugoslavia, fuel was in short supply and could only be purchased from street dealers who were identifiable by the plastic containers displayed on the roofs of their cars. But even in that difficult period, we had some sense of where we were headed.

Economists were able to predict that the Zimbabwe dollar would eventually become unacceptable as tender and that alternate currencies would be utilised. The difference between then and now is there was a sense that we were heading for better days.

Post published in: Analysis

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