THE SMART NEWS SOURCE | Feb 10 2012 12:58 | LAST UPDATED Feb 10 2012 12:58 |
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Articles about hyperinflation
Inflation drops again in ZimbabwePrices in Zimbabwe kept declining in May, after a decade of hyperinflation that decimated the economy, the government said on Thursday. Zim unemployment skyrocketsZimbabwe's unemployment rate has spiked to 94%, meaning that fewer than half a million people there are formally employed, the UN said on Thursday. Zimbabweans use old coins for new pricesZimbabweans this week hunted out coins squirrelled away years ago in jars and cupboards and headed for the shops. What comes after a trillion?They call them the "walking clubs", and Grace Sibanda is an involuntary member. The shop assistant rises before dawn and slips out of her tiny home. |
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