Only in South Africa » Robert Mugabe http://onlyinsa.com What makes South Africa so special Mon, 07 Dec 2009 05:24:18 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 Robert Mugabe http://onlyinsa.com/2008/07/17/robert-mugabe/ http://onlyinsa.com/2008/07/17/robert-mugabe/#comments Thu, 17 Jul 2008 21:03:58 +0000 admin http://onlyinsa.com/?p=599 Harare – The annual rate of inflation in Zimbabwe, already the highest in the world, has hit a new high of 2.2 million percent, the central bank’s governor revealed on Wednesday.
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“Statistics provided by the CSO (central statistical office) indicate that it is now at 2.2 (million percent),” Gideon Gono said in a brief address in Harare ahead of a speech by veteran President Robert Mugabe.

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1 dinner, 2 beers, 1 mineral water-
Z$1.243 billion…back in March 08, now about 4 billion if not more.

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Bear in mind that the Zimbabwe regime lopped off several zeros from their worthless currency some two years ago…what is presently going on there makes the 1920’s German Weimar Republic look tame by comparison. In fact, such inflation is a WORLD record – not even the worst Third World tinpot dictatorships of South America EVER managed to slide so low.

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Z$ 300 Million for one beer and counting.

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So much for hard currency!

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one hundred million just to buy a single bread roll.

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