Monday, July 09, 2007

Bananas

The price of a banana in Zimbabwe now costs more than a 4 bedroom house there did in 2000 (don't ask me what kind of a house). Mugabe ruled that many prices had to be halved a couple of weeks ago but this is causing havoc amongst businesses whose costs have soared. They're either closing down or risking being fined by ignoring the ruling. The press is mooting the possibility of pegging the currency to the rand. I doubt that South Africa's jumping for joy at this option.

3 Comments:

Blogger Welshcakes Limoncello said...

Completely bizarre.

4:40 pm  
Blogger marymaryquitecontrary said...

Now, I hear he is forcing the shopkeepers to sell goods at a loss.

12:19 pm  
Blogger kinglear said...

just goes to show what control freak incompetence can lead to!

12:56 pm  

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