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Zim retail and banking sectors lurch into crisis

[Dumisani Ndlela] Zimbabwe's retail and banking sectors lurched into an unprecedented crisis after banks struggled to deal with an implosion of zeros on the country's beleaguered currency, throwing the point of sale (POS) transaction system into a quandary. 7 Jul 2008 11:02


Zimbabwe can't calculate inflation

Zimbabwe is so short on consumer goods, the government can't even calculate inflation, the chief statistician said on Tuesday. 28 Nov 2007 09:48




Currency crashes, so barter's better

Zimbabweans are switching to barter, payment in kind and the use of foreign currencies, such as neighbouring South Africa's rand, instead of the local dollar to survive hyperinflation and the accelerating economic meltdown. 26 Jun 2007 11:29


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