How Did Zimbabwe Become So Poor—And Yet So Rich in minerals, land and skilled manpower? This is a million dollar question, have your say:: It may sound surprising now, but for a few years, Zimbabwe was one of Sub-Saharan Africa’s major success stories. Emerging from independence with a productive private sector, robust infrastructure, and a charismatic leader named Robert Mugabe, Zimbabwe spent the 80s and early ‘90s achieving some of the best infant mortality, primary school enrolment, and life expectancy figures in the region. Everything is imported, the supermarkets buy their food from South Africa, double the prices, and put them on the shelves. The first thing you notice about the money in Zimbabwe is that its filthy. The bills have been passed back and forth so many times the numbers are almost rubbed off. The second thing you notice is that there are no coins. Prices are in dollars and cents, but when you pay, the stores round up and give you your change in store CREDIT, phone minutes, or lollipops. How long will this go like this and what is the way forward? Where are we going wrong???
Posted on: Mon, 22 Sep 2014 20:27:01 +0000