Sensitive content

This media may contain sensitive content.

Video wird geladen...

Video konnte nicht geladen werden

Zur Startseite

34,497 Aufrufe โ€ข vor 1 Monat โ€ขvia X (Twitter)

0 Kommentare

Keine Kommentare verfรผgbar

Kommentare vom Original-Post werden hier angezeigt

ร„hnliche Videos

When the Finance minister of a country does what Zimbabweโ€™s Finance Minister, Mthuli Ncube did today asking supermarkets to remove โ€œUS Dollar onlyโ€ signs, then you know that the Government is clueless about the problems that have encircled the economy! You see, Zimbabwe has the highest inflation in the world at 717%, and its local currency is crashing daily forcing retailers to stick to US Dollars to avoid running losses. The offices exchange rate is at 1800 to the US Dollar but the Black Market rate is around 4000 to 5000 to the US Dollar. This high inflation has been caused by irresponsible economic policies, the looting of public funds by ZANUPF elites, and the plunder of the countryโ€™s natural resources. The Zim dollar is now weak because of all these things and more things like repression and an uncertain election. The Zim Dollar canโ€™t be traded anywhere else outside Zimbabwe. Mthuli Ncube who was once a professor fails to understand that by forcing retailers to accept a battered currency, shelves will soon be empty! Government is now worried because it pays its workers using the useless local currency. They literally donโ€™t know what to do with an impending election in August. Unfortunately for President Mnangagwa and his beleaguered Government, the economy is not scared of violence, the police, captured judiciary or his filthy jails. It has a mind of its own! Mnangagwa and his Finance minister must ask why shops are refusing the domestic currency and whether they can re-stock using the domestic currency. Business is not the enemy, incompetence in Government and corruption are the real enemies that have brought down the economy! That other enemy is the refusal to listen to common sense!

Hopewell Chinโ€™ono

155,968 Aufrufe โ€ข vor 3 Jahren