22 October 2007

A million in Zimbabwe adds up to one U.S. dollar

When I visited Rhodesia in 1971, one Rhodesian dollar was worth US$1.40. When I arrived in Zimbabwe in 1982, the Zimbabwe dollar had just fallen to a value of US$1.10. Now Mugabe has driven the Zimbabwe dollar to the point where US$1.00 buys one million Zimbabwe dollars. Now, who says he hasn't made Zimbabweans wealthy. It's now a country of millionaires.

1 comment:

Anonymous said...

I guess they should have learned SOMETHING about agriculture before seizing white-owned farms. The agriculture sector is now beyond repair in a country that use to be one of the largest exporters in the area.