LivingZimbabwe.com

Burning Money to Make Money

Zimbabwe’s economy might be in the doldrums but there are people there who are making a lot of money. Patrick M at Zimbablog wrote an article on ways of making money in Zimbabwe, “The 13 best ways to make money in Zimbabwe”. He outlines a few things that people have been doing to make themselves [...]

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Selling Zimbabwe Dollars Online Is Profitable

At the start of 2007 ZW$10,000 notes were selling for about US$50 on Ebay and a number of people took advantage and sold the notes for more they were worth. With the introduction of the $100 Billion Dollar note ($100,000,000,000), selling notes for more than they are worth is happening again. As of today, there [...]

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Zimbabwe’s Economy – Black Friday

US $1 is now worth ZW $2,000,000 on the black market. Inflation is said to be around 15,000% (independent analysts put it much higher). Is it all a result of Mugabe’s mismanagement and controversial policies? Mugabe recently said that Zimbabwe’s economy would not collapse. What marks the collapse of an economy? The economy has been spiralling downward for a decade [...]

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The Zimbabwe Dollar – 1,000,000 to 1

One US Dollar will get you One Million Zimbabwe Dollars. That is just ridiculous!! I checked the official bank rate about two to three weeks ago and it was ZW $30,000 to US$1. The official rate doesn’t really mean much for everyday people in Zimbabwe because you can’t get yourself any foreign currency at the [...]

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