As most of us Zimbabweans know, there has been a cash crisis since 2016. We actually have to scrounge, beg or pay a premium in order to get our own currency-bond notes aka Zimbabwean dollars.

If you have been wondering why we have such an acute shortage of something that should be readily available then chew on this. Cash in Zimbabwe only represents about 3% of the 34.5 billion in circulation. The rest is in the form of RTGS dollars and other cash equivalence.

The have and the havenots

It doesn’t end there, remember all those billions? They are controlled by the rich few.

Related posts:

  1. Econet now offers the cheapest uncapped internet packages-sort of
  2. Bakers Inn reduces the price of bread to US$1
  3. Everything You Need to Know About Zimbabwe’s Revised Birth, Death and National ID Fees