Zimbabwe is again on the front pages as the world looks to see whether there is change in the country. Media stories have been reciting the same song of how Mugabe has killed the economy and that he must go. However, no one ha been focusing on what must be done to revive the country's economy. Mugabe or no Mugabe, Zimbabwe will need a lot of help because of the following facts on the ground: These are some recent prices of basic commodities on the market or not on the market. Inflation is officially at about 164 900.3%. The exchange rate just changed while I was on my second sentence, so we do not know, but it is between $1 USD = $ 20 million Zim Dollars. Average office employees are making about $500 million.
• Bread- ZW$20,000,000
• Note book- 9,000,000
• Pen- $5,000,000
• School uniform (boys)- Shirt $350,000,000 Trousers-$250,000,000
• Sun Hat - $200,000,000
• Dozen eggs - $70,000,000
• Can of coke - 12,000,000
• Bottle of coke - $12,000,000
• Radio- $3billion
• Sugar (official price rare to get)- $10,000,000/2kg (parallel market always available) -$100,000,000/2kg
• Salt - $ 410,000,000/kg
• Mealie meal (official) $15,000,000/10kg (parallel)
• $120,000,000/10kg
AID: BRITAIN announced that it is working on an unprecedented £1 billion-a-year ($2.2 billion) international emergency aid and development package to rescue the ruined Zimbabwean economy, reports said yesterday.
I have been wondering who Britain is working with, whether they will involve Zimbabweans, how much money will go back to Britain, and how Zimbabweans are going to help themselves? How many strings are attached to this AID? Will it be more beneficial to Zimbabwe or Britain? While I do not want to sound unappreciative of the potential AID, it is important that the AID does not go toward recreating the problems that are part of what has led us to where we are today.
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