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  1. #1
    Council Member Tom Odom's Avatar
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    Dying Silently In Zimbabwe By Michael Gerson


    ...This kind of hyperinflation is rare in history, but we are seeing it once again, in Zimbabwe. Government officials claim an inflation rate of 66,212 percent (most months they refuse to release inflation figures at all). The International Monetary Fund believes the rate is closer to 150,000 percent -- about the level reached by Weimar Germany. By some estimates, about 50 percent of Zimbabwe's government revenue comes from the printing of money. At independence in 1980, the Zimbabwean dollar was worth more than one U.S. dollar. Recently, the state-controlled newspaper raised its cover price to 3 million Zimbabwean dollars. Two pounds of chicken were recently reported to cost about 15 million Zimbabwean dollars.

    A Zimbabwean friend who runs a business recently told me, "If you don't get a bill collected in 48 hours, it isn't worth collecting, because it is worthless. Whenever we get money, we must immediately spend it, just go and buy what we can. Our pension was destroyed ages ago. None of us have any savings left." Zimbabwean nationals who work on the U.S. Embassy staff in Harare have seen all their retirement funds wiped out. American government officials in the country carry boxes of money to pay at restaurants and must begin counting out currency at the beginning of the meal to finish by its end.
    short but interesting piece; the real currency of power comes from gold and platimum and land sales to the Chinese and Libyans.

    Tom

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    Council Member Tom Odom's Avatar
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    Default 1 in 5 HIV Rate

    And stretching for good news:

    Zimbabwe is rare bright spot for AIDS in southern Africa

    HARARE, Zimbabwe — In southern Africa for the past two decades, casual sex helped to fuel the worst epidemics of HIV and AIDS in the world. In Zimbabwe, however, fewer people are taking chances anymore, making this otherwise beleaguered nation an unlikely bright spot in Africa's battle against AIDS...

    ...Experts suggest that sex has become another casualty of the country's eight-year economic depression, which has shrunk the economy by nearly half. Few men have the money to support extramarital affairs or, for bachelors, the late nights on the town often required to woo a woman.

    "You have to spend to get sex," said Richard Chimbiri, who writes a column on HIV for the Financial Gazette, an independent newsweekly. "Some guys would have four or five girlfriends if they could. But the economic situation and the risk of HIV — it's all conspiring to make people change their attitudes."

  3. #3
    Council Member Tom Odom's Avatar
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    Default 100 US Dollars Buys 40 Pounds of Zim Notes

    This is no longer "runaway" inflation--it is Zimbabwe's economy in return to earth orbit without heat shields.

    $1 now equals 25,000,000 Zimbabwe dollars

    HARARE, Zimbabwe (AP) -- It's easy being a multmillionaire in Zimbabwe these days, at least if you're counting in local dollars.

    Money traders in the economically depressed African country say the Zimbabwe currency has tumbled to a record low of 25 million for a single U.S. dollar.

    With Zimbabwe dollars mostly available in bundles of 100,000 and 200,000 notes, one $100 note bought nearly 20 kilograms (40 pounds) of local notes at the new market rate Wednesday.

    Currency dealers said uncertainties ahead of elections scheduled March 29 and the world's highest inflation of 100,500 percent led holders of hard currency to hang on to their money at the same time as the state central bank pumped more local cash into the market for election costs.

    The price of the U.S. currency was also pushed up by central bank buying on the unofficial market to pay for power, gasoline and vehicle imports ahead of the polling, said one black market dealer who could not be identified out of fear of reprisals.

    Last week saw Mugabe's 84th Birthday so he threw a party:

    Mugabe ready to party in impoverished Zimbabwe


    HARARE, Zimbabwe (AP) -- As many as 10,000 people were converging on a town in southern Zimbabwe for President Robert Mugabe's 84th birthday celebrations, state radio reported Friday.

    Many were traveling free on commandeered buses and trains, it said.

    Organizers of Saturday's ceremonies said they raised about 3 trillion Zimbabwe dollars (or the equivalent of about $250,000 at the dominant black market exchange rate) for the bash amid chronic shortages of hard currency, gasoline, food and most basic goods.

  4. #4
    Council Member Tom Odom's Avatar
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    Default This WIll Fix Things For Sure

    Another great idea....


    Zimbabwe: Blacks to control firms
    (CNN) -- Zimbabwe's President Robert Mugabe has signed a new law that hands over majority ownership of all businesses to "indigenous" Zimbabweans.


    The new law means that foreign- and white-owned companies operating in the country will have to surrender at least 51 percent control of their operations to blacks.

    Lawmakers passed the legislation last September. But the presidential "assent" was announced Sunday in the government-controlled newspaper, The Sunday Mail.

    It comes just days before Mugabe could face the most serious challenges to his decades-long rule in the March 29 presidential and parliamentary elections.

    Under his rule, once-prosperous Zimbabwe has suffered an economic crisis with routine shortages of food, electricity and foreign currency.

    Unless the Minister of State for Indigenisation and Empowerment alters the share allotment, the law would mean that several banks, mining companies and phone companies -- among other foreign businesses -- will have to relinquish control.
    The bill, when it was put forward last year, described "indigenous Zimbabwean" as "any person who, before the 18th April, 1980, was disadvantaged by unfair discrimination on the grounds of his or her race, and any descendant of such person."

  5. #5
    Council Member Tom Odom's Avatar
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    Default Big Salary Increases Means No Shortage of Toilet Paper

    Once again economic comedian President Robert Mugabe does his imitation of Eddy Murphy but no one laughs....

    Embattled Mugabe boosts workers' pay


    (CNN) -- Zimbabwean President Robert Mugabe, battling skyrocketing inflation and a serious challenge to his decades-long rule, has announced "a huge salary increase" for his nation's government workers.


    President Robert Mugabe attends a rally earlier this month ahead of elections set for March 29.

    Mugabe made the announcement while stumping for votes for the March 29 general elections, state media reported.

    Under his rule, once-prosperous Zimbabwe has suffered an economic crisis with routine shortages of food, electricity and foreign currency. Unemployment is estimated at about 80 percent; the inflation in the nation of 12.5 million people is in excess of 24,000 percent.

    Last month, Mugabe offered a massive salary increase to soldiers. And this week, he signed a law that hands over majority control of white and foreign-owned business to blacks.

    The opposition has called the latter move a cheap political gimmick.

    "Just yesterday (Monday), I was signing a new salary schedule of big salaries for teachers and civil servants," the Herald newspaper quoted Mugabe as telling a campaign rally in southern Zimbabwe. "I hope they will be happy, because we have worked out very good salaries."

  6. #6
    Council Member Rhodesian's Avatar
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    Default A bit of history

    The following uses language that one J Edgar Hoover might have approved of, however apart from the excessive use of the word "Communist" ("Marxist" is much more accurate), and one comment (highlighted) which isn`t accurate, many of my tribe will remember the incidents and recognise the sentiment. I.R.

    Winds of Change, March 12, 2008 | From theTrumpet.com

    As Zimbabwe takes another step toward oblivion, here's a look at how a once-proud nation fell so far. By Richard Palmer

    Zimbabwean President Robert Mugabe has signed a new law that gives "indigenous" Zimbabweans majority ownership of all businesses. This new law will make matters even worse for an already impoverished country.

    It is hard to see how conditions could get worse for this once prosperous nation. While few official figures are available, estimates put unemployment at 80 percent. Official figures also put the inflation rate at 24,000 percent, though in reality inflation in Zimbabwe is very hard to measure. When there is no food on the shelves, it is hard to tell how much the price has risen.

    This new law is not going to fix that. It states that "indigenous Zimbabweans shall own at least 51 percent of the shares of every public company and other businesses." The term "indigenous" refers to "any person who, before the 18th April, 1980, was disadvantaged by unfair discrimination on the grounds of his or her race, and any descendant of such person."

    This new legislation brings back memories of the tragic land reforms that took place several years ago. According to Harare-based economist Godfrey Kanyenze, "It will entail the destruction of the economy. We should have learned from the blunders of the land reforms where people who were not properly equipped rushed to grab farms. The result was a disaster in the agricultural sector and we are now importing maize from the countries where the former farmers have migrated to."

    The land now known as Zimbabwe was once the breadbasket of Africa. Today it is a den of tyranny, starvation and squalor. In 1960, British Prime Minister Howard Macmillan forecast that "the wind of change" would soon blow over the continent. This is where those winds of change brought Zimbabwe......
    ....In 1979, majority elections were held. Mugabe did not win. Bishop Abel Muzorewa became president, despite threats and intimidation from Mugabe and Nkomo.
    .....
    (Edit - Mugabe and Nkomo`s factions were not allowed to participate in this election for numerous reasons, including the refusal to lay down their weapons etc etc. In the next round they did participate, stating plainly that if they did not win, the war continues. A Brit Policeman, a member of the Monitoring Force sent in to keep an eye on us, was quite disgusted, but told me, "the Powers don`t care, they want the Rhodesia problem to go away.")
    Last edited by Jedburgh; 03-21-2008 at 02:51 PM. Reason: Added link, edited content.

  7. #7
    Council Member Tom Odom's Avatar
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    Default Approaching Elections

    Just a brief primer on Zimbabwe politics:

    ZANU or (ZANU-PF as it is now labeled) is Mugabe's bunch. They were Shoma-based as a resistance group. ZANU with ZANLA as its armed wing was supported by the PRC and based from Mozambique.

    ZANU-PF resulted from the merger with ZAPU after Nkomo was ousted and a civila war between the groups developed. this was ongoing when I went through Zimbabwe in 1984, centered in Matableland.

    ZAPU was/is Nkomo's group centered on the Ndebele (who are Zulu in origin having fled from Shaka and sheltered under Brit protection); ZAPU with its armed wing ZIPRA was Soviet supported and based from Zambia.

    This should help put this article in context:

    Peace Won't Come to Zimbabwe
    By MARIAN L. TUPY and DAVID COLTART
    March 14, 2008

    Zimbabwe's presidential and parliamentary elections on March 29 are rigged in favor of the incumbent leader Robert Mugabe and his Zimbabwe African National Union-Patriotic Front. Much ink has been spilled on the electoral prospects of his two opponents -- Morgan Tsvangirai, the leader of the Movement for Democratic Change, and former Finance Minister Simba Makoni. But neither have a realistic chance of winning, for Mr. Mugabe knows that the most likely alternative to the State House in Harare is a prison cell at The Hague.


    The case against Mr. Mugabe and the ZANU-PF for crimes against humanity would be compelling. They have turned one of Africa's most prosperous and relatively free nations into an Orwellian nightmare. Since 1994, the average life expectancy in Zimbabwe has fallen to 34 from 57 for women and to 37 from 54 for men. Some 3,500 Zimbabweans die every week from the combined effects of HIV/AIDS, poverty and malnutrition. Inflation and unemployment are at 150,000% (no misprint here) and 80%, respectively. The country has no freedom of speech or assembly, and the government has used violence to intimidate and murder its opponents. In the meantime, Zimbabwe's delusional leader rails against non-existent Western plots supposedly concocted by George W. Bush and Tony Blair.

  8. #8
    Council Member Stan's Avatar
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    Default Big Salary Increases Means No Shortage of Toilet Paper, part II

    Quote Originally Posted by Tom Odom View Post
    Once again economic comedian President Robert Mugabe does his imitation of Eddy Murphy but no one laughs....
    And just in case this hike in salaries won't get folks to the market, we'll threaten the store owners to reduce prices....all things being equal, even Mobutu didn't conjure up this one

    Zimbabwe: Govt to Meet Business Over Prices

    GOVERNMENT will meet business today to discuss the reduction of prices of goods and services to February 12 levels when teachers and other civil servants were awarded a salary increment, President Mugabe has said.

    Cde Mugabe said he would read the riot act if they ignore the order.

    He said officials from the Ministry of Industry and International Trade and the Reserve Bank of Zimbabwe would meet captains of industry in Harare today to slash prices which he said was a deliberate attempt to frustrate Government efforts by those pushing for regime change.

    Addressing a star rally at Hwange Colliery Stadium, Cde Mugabe said companies that resisted the order to reduce prices risked being taken over by the Government because they were serving the interests of people who were keen to effect regime change in the country.
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  9. #9
    Council Member Tom Odom's Avatar
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    Default Good Columns on Mugabe

    The first is from a former countryman :

    Zimbabwe's Ahab
    Robert Mugabe, poised to steal another election, has led his nation to ruin.
    By Peter Godwin
    March 25, 2008

    Once it was Africa's shining city on a hill, a beacon of prosperity and economic growth in the gloom of a continent shrouded by poverty. Emerging in 1980 from a seven-year civil war against white settler rule, the newly independent nation of Zimbabwe embraced racial reconciliation and invited the country's whites (one in 20 of the population) to remain and contribute to the new nation.

    I was one of those who gladly dismissed Rhodesia and became Zimbabwean. Upon the firm economic infrastructure he had inherited, Robert Mugabe, our first black leader, built a health and educational system that was the envy of Africa. Zimbabwe became the continent's most literate country, with its highest per capita income. Zimbabwe easily fed itself and had plenty left over to export to its famine-prone neighbors.

    I remember crisscrossing the continent then as Africa correspondent for a British newspaper, and each time I returned to the newly renamed capital of Harare (previously it had been Salisbury), I was reminded that in comparison to what surrounded it, Zimbabwe was like Switzerland. The roads were well maintained, the elevators worked, electricity was constant, you could drink the water, the steaks were world-renowned. The Zimbabwe dollar was at near parity with its American namesake.
    I can certainly echo that description in 1984--with the caveat that by then the civil war between the Shona and N'Debele was already in play in Bulawayo. Harare was to me after a year in Khartoum and trips to Zaire, Somalia, and Chad among other places remarkable. It even outshown Nairobi--which had not yet become Nairobbery as we called it by the mid-90s.

    Next:

    Robert Mugabe: a bad man in Africa
    New strategies must be found urgently to end the tyranny of Zimbabwe's leader

    For a man so deluded about his past achievements, Robert Mugabe has a painfully clear understanding of his prospects at the polls. His rivals for the Zimbabwean presidency “may win some seats”, he said recently, “but they cannot win the majority. Impossible.”

    Few would gainsay him. Zimbabwe's opposition movement is more vocal than in past years, but more divided. Its voters can expect systematic intimidation this Saturday from police at polling stations. Constituencies have been redrawn in favour of the ruling Zanu (PF) party. The count has been centralised and will be supervised behind closed doors by presidential appointees. There is not even a pretence of fair election coverage in the state media, and in any case voting, for millions, will take second place to the more urgent business of survival. This is why Mr Mugabe's election forecast is likely to be accurate. It is a tragedy for Zimbabweans; it is also proof of a colossal failure of international diplomacy.
    And this one is on the mark as well. The African community of states has often pointed to colonialism as the root of all evil on the continent, an understandable but nonetheless mythological claim often echoed by Western scholarship. Colonialism did affect the continent; in may ways it was devastating. In others, it was progressive in that it pulled the continent into the 20th century. But it was not as it is often claimed "the original sin" from which all African woes grow. The African community has not done itself proud in sillently watching the travesty in Zimbabwe.

    Next:

    Politics and power in Zimbabwe
    By Robert I. Rotberg
    March 26, 2008

    THIS WEEKEND President Robert Mugabe of Zimbabwe is expected once again to rig elections in order to hold onto power while neighboring Botswana, Africa's oasis of peace and good governance, will celebrate the retirement of President Festus Mogae after two productive terms. The contrast between Botswana and Zimbabwe could not be more stark, or more illustrative of good and evil in Africa.

    Botswana, one of Africa's wealthiest countries per capita thanks to diamonds, tourism, and sensible management, has enjoyed more than four decades of honest, practical government under three popular presidents. On Monday, Mogae will give way to Vice President Ian Khama.

    Guided by Mogae and two other democratic presidents, the small country has flourished and become the envy of all of Africa. Despite high HIV/AIDS numbers, its hospitals and clinics provide retroviral drugs to all sufferers. Its schools and universities provide increasing numbers of local and neighboring peoples with instruction.
    As for Botswana, its success story lies in its continued accptance of whites in government and the economy. No doubt that continued happy relationship has survived because the country did not go through a civil war to achieve independence. Rather it was a gradual and guided process to independence unmatched on the continent.

    best

    Tom

  10. #10
    Council Member Stan's Avatar
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    Default calls on Zimbabwe to release election results quickly

    01 Apr 2008 | The foreign ministers of seven EU member states, including the Netherlands, have called upon the Zimbabwean Electoral Commission to swiftly announce the results of the presidential election.

    Foreign minister Maxime Verhagen and his counterparts from the UK, Italy, Slovakia, Slovenia and Spain expressed their concerns at an informal meeting convened by French foreign minister Bernard Kouchner in Paris on Monday.
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  11. #11
    Council Member Stan's Avatar
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    Default Pay the Bearer on Demand Ten Million Dollars

    From CONDÉ NAST

    As Americans worry about the rate of inflation exceeding 4 percent, we should consider Zimbabwe, where the inflation rate broke the shocking 100,000 percent mark and the country released a 10 million-dollar note (now valued below $4 on the black market). But Zimbabwe's currency is hardly the only one inflated beyond reason. —George Quraishi

    Best before: "On or before 30 June 2008"
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  12. #12
    Council Member Stan's Avatar
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    Default Mugabe to Step Down?

    All Africa

    A deal is being negotiated in Zimbabwe in which President Robert Mugabe would step down after being in power for nearly 28 years, news agencies reported Tuesday.
    Business Day

    IF YOU have been able to make sense of what is being said about tomorrow’s elections in Zimbabwe, you deserve to win the lottery this weekend. I confess that I lack the intellectual tools to analyse an election that is not going to be free...

    Mugabe ‘buys votes’ with cars for doctors


    facing the toughest election battle of his 28 years in power, handed out hundreds of cars to doctors yesterday in what opponents said was more blatant vote-buying.

    The main opposition group said it had uncovered more evidence that Mugabe planned to rig Saturday’s presidential election...
    Zimbabwe parties deny deal on Mugabe exit

    HARARE (Reuters) - Opposition leader Morgan Tsvangirai and the Zimbabwean government both strongly denied on Tuesday that they were in talks to arrange the resignation of veteran President Robert Mugabe after Saturday's election.

    "There is no discussion and this is just a speculative story," Tsvangirai said in response to media reports that Mugabe was about to step down in a deal with his Movement for Democratic Change (MDC).

    Earlier a U.S. State Department official, referring to the media reports, told reporters: "I know there were discussions that were going on but we will see what happens and when it happens."
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