The Zimbabwean on MSN
Zimbabwe’s gold boom masks a tarnished core
Just a few years ago, economists labeled Zimbabwe’s economy a “basket case.” Now, they say it’s booming as it rides the waves ...
Inflation refers to the rise in prices across the economy. But inflation can take many forms, and it has complex causes. For example, stagflation, which occurred in the 1970s, combines high inflation ...
* Economy slowly recovering from hyperinflation * Shops full but unemployment rife * Foreign investment badly needed By Marius Bosch HARARE, May 4 (Reuters) - The hordes of black-market currency ...
HARARE, Zimbabwe-- Zimbabweans dug out coins squirreled away years ago in jars and cupboards and headed for the shops, where lines built up as overburdened tellers more accustomed to counting mounds ...
Zimbabwe's annual inflation rate hit 175 percent in June, official data showed Monday, stoking fears of a return of the hyperinflation that wiped out savings ten years ago when the economy collapsed.
When my friend Trish got her first paycheck from her part-time job in high school, it was for $50,000. "It was enough to buy a pair of jeans," she explained to me. Trish went to high school in ...
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