Jan Raath in Harare
The man, the films, those blondes. Free DVD collection starting this Sunday
Zimbabwe’s currency has fallen to record levels, with one million Zimbabwean dollars buying a single US dollar (48p) and inflation reaching 8,000 per cent.
The bleak data was announced as people in the capital Harare struggled to cope without electricity for the third day. “We closed our business today,” said a woman who helps to run a major petrol supplier. “We just can’t operate like this.”
The National Blood Transfusion Services said that it had been unable to test blood since Tuesday. “We are in serious trouble,” said a doctor.
At independence in 1980, the Zimbabwean dollar held parity with the US dollar but the currency has suffered from the recent economic policies of President Mugabe; at the beginning of this year it was $Z2,800 to one US dollar and ten days ago $Z500,000.
President Mugabe has struggled to keep inflation under control and in July ordered businesses to halve their prices to alleviate the country’s woes. The order resulted in the arrest of about 10,000 business people as thousands of police officers raided companies, shopping malls and markets to take goods marked above price control levels. Now the supermarkets are bare and it is almost impossible to buy food.
Although the inflation rate slowed marginally in August it rose to 7,982 last month, according to official statistics, which are regarded as highly conservative. “It shows the lunacy of their belief they can legislate against inflation and bring it down at the barrel of a gun,” said Rob Davies, an economist.
Officials in Mr Mugabe’s ruling party reportedly expect him to sign a law that will force all foreign-owned companies, including local subsidiaries of Barclays and Standard Chartered, to sell 51 per cent of their equity to black Zimbabweans.
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Hands off Zimbabwe! Things will sort themselves out eventually. Western interevention will only delay the inevitable and prolong the suffering. Some of Africa works, and some doesn't. The people there need to forge their own destinies. The population explosion in Africa puts pressure on everything.
It has nothing to do with the 'white man's burden' or oil or anything. Horrible things happen, but the people voted for the government they have, they must live with the consequences.
Scott S., Sacramento, California USA
So Mr Bush, Brown, when are you going to do something about a real dictator ??? Oh I forgot, there is no oil involved just poor downtrodden people !
Peter, Vancouver,
A disgusting state of affairs has been allowed to happen not only by Britain and USA but also by the Zimbabwean people themselves and they will do nothing to resist the Government. Come the Elections scheduled for 2008, wait and see, they will re-elect Mugabe again. David
Gonzo, Herts, UK
Why has the world community not taken action to ensure that the Lancaster House agreement of the Smith regime and Black Rhodesians is maintained.
There is no controlling body capable - we can only wait for chaos to achieve the demise of this once prosperous country.
Walker, Witham, Essex
What a beautiful place Zimbabwe has been. To go there when I did, meet people,yes a tourist but one whose eyes watered when leaving africa. I knew of course then that farms were being taken much of what is happening now was beginning then. My parents had lived there, worked there and I'd heard much. Theres some mineral wealth, bit of this bit of that, nothing like enough to get countries like GB and USA wanting to dip in with troops. Not like say Iraq. Now its painful to watch the diabolical Mugabe and his paid up relatives and minsters pocket whats left, and how! they pocket, murder, bully and ruin and we do nothing. Sanctions? bah! Suprised no ones taken him out yet. Wish they would.
All the fuss we made about Saddam. We were under the impression the desert was full of doors there with missiles in. Not so we found out. Well we know already for sure what Mugabe is doing and its all Saddam was doing. Killing. Time to stop it?
mailee, london, uk
Sometimes I think the British government should dispatch troops to Zimbabwe instead of Iraq. After all, it's that the British government handed over power to this dictatorial rogue, Mugabe.
James Wong, Macau,
Alton H - better to get out of the UK & rush off back to Zimbabwe - surely a ' literate and intelligent Zimbabwean' could do much more for his/her beloved homeland with its much maligned but patently obviously well loved President,Bob Mugabe' by actually being there with his English Pounds???
Just think how much your fellow citizens would appreciate your help & commendable citizenship!
Wow ! I must have been dreaming!
John Rellie, Bicester, UK
well if afriaca keep going way it is in 100 years time they just be a countient without law and order and where they just kill each other and any white people there which beyund a joke for 21st century.
James Lawton, pontefract, UK
In 100 years time Africa will be the most powerful bloc on the globe. Look at what's happening to individual African businesses and families. A foundation is being built here- and thanks to the transgressions of our forefathers, the world will continue to underestimate us- as they did China and India.
And all shall have their time in the sun.
FJ Tichawangana, Harare, Zimbabwe
In one hundred years time Africa will be noted as a deep dark and unknown place again. Colonial rule ended 50 years too early and the madmen and tyrants took control. These countries needed much more guidance and control than what they were given.
Yes, some of the white Rhodies lived like princes and treated the blacks like servants, but it seems to me that is was better way for all to live than how it is now.
Pity South Africa, it will be like Zimbabwe in two decades.
Brett R, O'hara, PA USA
Difficult to keep a straight face , when I left Rhodesia in 1974 the Rhodesian dollar was worth 1pound sterling and it was the strongest currency in the world despite sanctions and the Beira blockade - transferred through a Swiss bank R$1600 kept me on the road for 18 months going down to Australia , apparently today I would need a freight train to ship the equivalent amount in notes . Anyway Luke in Perth - Zimbabwe has never been a beacon , the downhill slide started 3 months after Independence with the killing of Matebele by the Mugabe government - the beacon was always Rhodesia. To Alton Hadzisa , well to use you own terminology you sir are an idiot of the first water . To Greg in Dreamland , Hi Greg , what on earth have you been smoking and do you know where to place Zimbabwe on a map . To B.J.Deller in Marbella , thank you , there are not many of us who know the realities of Africa and even fewer who have lived through them .Rhodesia is by far the biggest African tradgedy.
Ed Allen, Whitby, Canada
The Western internationalists foisted the Marxist Mugabe government on Zimbabwe and should be tried for treason for having done so. They were prepared to wage war against their own Rhodesian brethren if they failed to succumb to the Mugabe regime. I hope they're happy now. Complete silence
from the American press who was among Mugabe's biggest cheerleaders. Disgraceful. Thank you British press for covering this.
Stephanie Smith
Stephanie Smith, Cary, U.S.A./N.C.
If Alton Hadzisa really believes in the Mugabe policies so much then he should be in Zimbabwe rebuilding the country and shouldering the same burden as ordinary Zimbabweans.
H Leung, Sydney, Australia
But this was all predicted by Ian Smith and his government when Zimbabwe/Rhodesia was a rich country with 95% of its citizens happy. But Prime Minister Smith was condemned as a racist and the rest is history. Within the first two years in power Mugabe murdered 25 to 30 000 Matabele tribes-people but nothing was said against this genocide. His main task is to get all the whites out of his country and this is why most of the African Union support him because they are intending to do the same. Cannot get more racist than that!
So where are the left-wing masses demonstrating outside the embassies in Europe with people signing up to go and fight to rescue Zimbabweans from their misery? After all those types are really responsible (their parents?) for forcing Smith to stand down and for Mugabe to take power, thus causing the premature deaths of millions of Africans.
B J Deller, Marbella, Spain
Its time to find a way forward. Zimbabwe must embrace the economic realities of our times and move forward. By the way, it might be a good time to court a young generation of leaders.
greg, maryland, usa
Idiots the world over celebrate the hyperinflation in Zimbabwe because they pray it will eventually trigger the Zimbabwean people to rise up against their government.They have been waiting and hoping for this since 1999.10 years is a long wait... some of these idiots have died from old age,some have fled the country and some who led the anti-Zimbabwe campaign from their foreign government positions have been replaced.Those that had nowhere to go have waged their war by unjustifiably increasing the prices of consumer goods.
But,because they are all idots,they do not realise that the literate and intelligent Zimbabwean populace know that they are being punished for electing a parliament that enacted laws to empower them.The Zimbabweans have seen through the powerful international media falsehoods.What is important to them is not the age of a president but the policies of that president.
The paranoid anti-Zimbabwe idiots can save themselves further depression by accepting this fact.
Alton Hadzisa, Wallington, UK
inflation is only caused by the additional printing(or signoreage) of money by a central bank or in this case the government. one simple answer solves the hyperinflation problem in zimbabwe, Stop printing all that money and start investing in long term projects again. Zim was once the beacon of hope in africa and mugabe,once supported for 20+ years by UK and US, has had a good plan go terribly wrong.
luke, perth, australia
luke the spelling is Signiorage. Inflation is not ONLY caused by that. In Zim's situation the casual printing of money of cause has a big inflationary effect, that coupled with a lack of production, is causing this massive inflation. The fixed exchange rate as with anything fixed, (eg. price controls) in most cases causes a shortage of that good, in this case foriegn currency. Forcing a creation of a black market where that good can be obtained at higher and more realistic prices. To simply stop printing money will not solve the problems. Zim needs to start producing again, in all industries agriculture, mining, etc. But to do that those industries need access to forex. Zim need to float the currency, Zim needs to return to a free market economy, that would end the black market for forex and at least the central bank can begin to re-build their foreign currency reserves. And to have investment back in the country Zim needs to have democracy and laws, to bring back investor confidence.
Pamberi, uk,
James Watson 1, egalitarians 0...
D Anderson, Kent, WA USA