Counting our blessings in Zimbabwe – Cathy Buckle
But this letter isn’t about the absurd, unnecessary facts of daily life in Zimbabwe, it’s about the jewels in the dust.
Hyperinflation
Zimbabwe govt wipes out salaries: Civil servants must survive on less than R700 – Cathy Buckle
Sanctions against Zimbabwe pale into insignificance when an entire nation has been impoverished by a currency decision.
🔒 Old Mutual singled out as part of ‘instrument of economic sabotage’ in Zimbabwe – Wall Street Journal
The difference between the Old Mutual London and Harare listings has become a widely used proxy measure for figuring out the market value of the Zimbabwe dollar.
Zimbabwe annual inflation rate skyrockets to 790%, political tension grows
Zimbabwe’s annual inflation surged to 785.55% in May from 765.57% in April, according to the National Statistics Agency.
Zimbabwe’s state workers say no thanks for 97% pay hike
Government workers demanded that pay increases be linked to the US dollar exchange rate to offset inflation and a devaluation of the Zim dollar.
Some Zimbabweans want SA rand as currency
Zimbabwe should adopt South Africa’s rand as its currency, one of a series of fundamental reforms needed to restore economic stability in the country, former Finance Minister Tendai Biti said.
Zimbabwean Finance Minister tries to calm hyperinflation fears
Zimbabwe’s finance minister vowed to press on with economic reforms that have triggered violent protests, as President Emmerson Mnangagwa urged talks with opposition parties to help stabilise the country.
Erdogan uses coup to reimpose Turkey’s death penalty, arrest 2 745 judges
Already embroiled in Syria’s war, Friday’s failed plot to topple President Recep Tayyip Erdogan risks shattering what’s left of Turkey’s image as a stable country.
Zim preacher who started #ThisFlag jailed ahead of another national strike
Zimbabwean police have arrested Pastor Evan Mawarire on charges of inciting violence after he helped to organize a nationwide strike on July 6.
SA’s future? Zimbabwe ATMs run out of cash as US Dollar supplies evaporate
Banks in Zimbabwe have limited cash withdrawals and shut down some ATMs as the country’s ailing economy causes dollar supplies to evaporate.