Tag Archives: Zimbabwean dollar

Welcome to Zimbabwe: 10 Fun Facts! Apr18

April 19, 2013 by IndepthAfrica

Today is Zimbabwe’s Independence Day. Yes, on 18th April 1980, Zimbabwe gained it’s independence from British rule…whatever that means. But anyway, to celebrate our 33rd birthday, I figured it would only be fitting if I shared a few fun facts … read more »

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Zimbabwe: It’s time for Robert Mugabe to retire

February 1, 2013 by IndepthAfrica

Zimbabwe is broke after defaulting on its debt obligations and effectively cutting off its access to new capital. Note the word here is ‘broke’ as opposed to ‘bankrupt’, which is used in reference to companies that have to sell their … read more »

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Zimbabwe has just £138 left in the bank, Says finance minister

January 30, 2013 by IndepthAfrica

Atlantic There are cash-strapped governments, and there are broke governments. And then there’s Zimbabwe, which, after paying last week’s government salaries, has just $217 in the bank. No, we didn’t forget any zeroes to the end of that figure. Zimbabwe, … read more »

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2013: Zimbabwe’s year of change

January 11, 2013 by IndepthAfrica

The inauguration of the so-called Government of National Unity following the signing of the Global Political Agreement resulted, inter alia, in the stabilisation of our national economy, reduction in political polarisation, and the fostering of efforts aimed at resolving the … read more »

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Big loss for Zim currency holders

October 8, 2011 by benim

Harare – The Zimbabwean government would need $54bn to compensate people who lost their savings when the country abolished its own currency two years ago, a state-owned newspaper reported Saturday. The Herald quoted Finance Minister Tendai Biti saying the huge … read more »

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The Highest-Denominated Bill Ever Issued Gives Value to Worthless Zimbabwe Currency

May 11, 2011 by benim

A 100-trillion-dollar bill, it turns out, is worth about $5. [ZIMDLR] Associated Press A man in Harare, Zimbabwe, carried cash for groceries in 2008. That’s the going rate for Zimbabwe’s highest denomination note, the biggest ever produced for legal tender—and … read more »

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