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The land of pedestrian millionaires
Forget cholera and hunger. The new kid on the block of crises in Zimbabwe is change.
Forget cholera and hunger. The new kid on the block of crises in Zimbabwe is change.
Zimbabwe’s central bank on Friday introduced a Z-billion banknote, worth on the black market, to try to ease desperate cash shortages.
Harare on a Saturday night is full of furtive politics, friendly strangers and the odd stray cat, as Chief K Masimba Biriwasha discovered.
Zimbabwe, grappling with a record 2,2-million percent inflation, has introduced a new Z$100-billion note in a bid to tackle rampant cash shortages.
Zimbabwe’s currency plunged to a new record low on Thursday, trading at an average one billion to the US dollar on a recently introduced interbank market.