Mars Tsonga News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The countrys military. The economy is a huge source of unrest in zimbabwe. Its currency was scrapped in 2009 after hyperinflation reached several billion percent and replaced with foreign currencies. Today its mostly the us dollar. But that hasnt helped ordinary people. Zimba bwes official inflation rate was 2. 24 in october. But some analysts who track the cost of consumer goods in zimbabwe think theyre rising at over 65 a year. Thats because of a shortage of dollars needed to pay for imported goods. In fact, one economist, steve hanke from john hopkins university, thinks the situation is far worse. He recently wrote in Forbes Magazine that the actual inflation rate is almost 2a3 . Hes warning that hyperinflation is returning to the country. He and other economists put the blame on Robert Mugabes economic policies. The economy is by weight has been in a prolonged state of p ....

Mashonaland East , United Arab Emirates , United Kingdom , South Africa , South African , Joao Lourenco , Mona Lisa , Eduardo Dos Santos , Robert Mugabe , Mars Tsonga , Danny Shaw , Salvator Mundi , Steve Hanke , John Hopkins , Forbes Magazine , Robert Mugabes , Reading Power , Fresh Start , Senior Analyst , Sub Saharan , Saharan Africa , Africa Frontier , Metals Prices , Vice President , Cash Loans , Dubai Air ,