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Tag: Hyperinflation


Video: SADC Country Inflation Rates Over 18 Years, Of Course Zim Leads The Race

Ever wondered how bad Zimbabwe Inflation rates have been compared to other SADC countries? Check it out in this video. Quick NetOne, Telecel, Africom, And Econet Airtime Recharge Number to recharge: Airtime amount: EcoCash number: {{error_message}} {{error_message}} If anything goes wrong, chat with us using the chat feature at the bottom right of this screen


Zimbabwe’s Inflation Reaches 31% As Government Continues To Ignore The Currency Crisis

Despite all the hollow assurances from both the Minister of Finance and his counterpart the Reserve Bank of Zimbabwe’s governor, there is an economic crisis in Zimbabwe. Their ineffectual policies are not working and we have veritable proof: the inflation rate increased to 31% in the month of November. Most Zimbabweans are very familiar with […]


Zimbabwe’s Inflation Rate Balloons to 20.85%: The Unofficial Rate Is Likely Higher

Following a spate of recent price hikes that had a 2008 feel and even included price control threats from the government it comes as no surprise that Zimbabwe’s year to date inflation figure has ballooned. According the ZimStat the year to year inflation rate stood at 20.85% in October up from 5.39% in September. That […]


Zimbabwe Hyperinflation 2.0: The US Dollar Version

This story was originally posted on Rolling Alpha: Finance and Economics blog (reshared with permission) Here are words that I didn’t think I’d be writing: the Zimbabwe hyperinflation is re-emerging. We haven’t had any official inflation figures to back that up. But you don’t really need those to see what’s happening. To be clear: Zimbabwe is […]


Apple reseller, Solution Centre, responds to USD shortage in Zim. Suspends credit & price guarantees

Bad money has driven out good. There’s a shortage of US dollars in Zimbabwe. The government insists the Bond Notes are equivalent to USDs. They are not, and the market is increasingly clear about it. So businesses have been responding to that reality. It started with the banks. For months now they have been requiring […]


At dollarisation in 2009, we didn’t inflate any telephone bills, says TelOne

When TelOne started billing customers in US dollars back in February 2009, it was accused of having converted Zimbabwean Dollar bills to US dollars at unrealistic exchange rates resulting in ridiculously high bills which subscribers failed to settle. Today, TelOne released a press statement apparently to clarify the issue. Essentially, the company says they never converted bills at an unfair rate but […]


Bitcoin, a currency and payments opportunity for Zimbabweans?

The money system is broken, and no one knows that better than the Zimbabwean who watched helplessly as institutions – government, politicians, bankers – they trusted to look after the value of their money conspired and eroded hard earned savings to nothing over a few years.


Zimbabwe is more than ready for e-commerce and online shopping

This guest article was authored by Prosper Chikomo, an internet entrepreneur and author of Turning Iron into Gold: Golden Opportunities: How to Spot Them, Create Them, Make Money from Them, and How Not to Miss Them (Available on Amazon.com)  A doubtful Zimbabwean-banker asked me the question, “Is Zimbabwe ready for e-commerce? Did you do any market research […]