USD:IS IT THE SUPER CURRENCY!
ZIM UNDER RANSOM
It has been months since Zimbabwe adopted the multi-currency regime in 2009 after the country had plunged into economic doldrums. It was a welcome development back then.
After the much disputed 2008 preidential elections,the country went through economic turmoil that left a number of ordinary citizens scrounging for survival. Things were so bad that a number of folks stopped going to work completely and others walked to and from work. Imagine walking from Luveve to Belmont.
When the unity government was formed there was a bit of some glimmer of hope. There seems to be light at the end of the tunnel when the cabinet ushered in the multi-currency regime,United States dollars and the South African rand formed the backbone of these currencies. Of the two currencies,there seems to be a certainity in the polarisation of their usage,with the USD dominating in the capital and the Rand being used mostly in Bulawayo.
Problems associated with the changing the currencies rose with people in Bulawayo complaining that they were being robbed by businesses. Businesses were complaining that they were being shortchanged by their counterparts in Harare. The question that can be asked is:to what extend was this polarisation a damage to the relations in the country. The people in bulawayo have neither welcomed the use of the USD nor have they accepted the myth associated with it. They have shunned using this currency. New problems have risen subsequently,now its change and either being torn or dirty. In the capital city,people do not really pay attention to the state of the note as much as people in bulawayo do. Again the question that wi will ask is it that there is more to this than what meets the eye.
USD has failed to meet its status in Bulawayo,that of being a super currency.
It is because of economic sanctions Zimbabwe cannot have access to clean United States dollar bills and changed monies as a result of not having an American bank in Zimbabwe. I hope the situation will improve as time goes on
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