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Zimbabwe: Hyperinflation Nation
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World
Zimbabwe: Hyperinflation Nation
Zimbabwe is one of the world's poorest countries, with the highest inflation rate. A little over a decade ago the rate was 90 sextillion percent year on year. The 100 trillion dollar bank note in circulation at the time wouldn't even cover the cost of a one-way bus fare in the capital Harare. The central bank is planning on introducing a new currency. But is this the solution, or just throwing good money after bad? Guests: Jacob Mafume Secretary for Elections for Zimbabwean Opposition MDC Party Nigel Mugamu Founder and CEO of Online News Publication 263Chat Bright Matonga Zimbabwe’s Former Deputy Information Minister
November 1, 2019
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