tag:blogger.com,1999:blog-1091105281718040254.post3695682184678690718..comments2023-08-11T17:46:07.727+02:00Comments on Zimbabwe calling...: Zim personality of the year 2008Fambai Zvakanakahttp://www.blogger.com/profile/03391647516686846543noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-1091105281718040254.post-25311650881593134952009-02-14T21:34:00.000+02:002009-02-14T21:34:00.000+02:00Hi John, thanks for your feedback! I will try to w...Hi John, <BR/><BR/>thanks for your feedback! I will try to write more often - my goal is at least once a week, more if inspiration/indignation/laughter strikes and I am near my laptop! I do work though, plus its a full time job living here - I know that sounds ridiculous but its gospel. <BR/><BR/>Keep reading, keep commenting, and I'll keep on writing. <BR/><BR/>Best wishes<BR/><BR/>Fambai.Fambai Zvakanakahttps://www.blogger.com/profile/03391647516686846543noreply@blogger.comtag:blogger.com,1999:blog-1091105281718040254.post-62443486411184014882009-02-11T13:58:00.000+02:002009-02-11T13:58:00.000+02:00Hi, I look forward to your latest blog!Is it possi...Hi, <BR/>I look forward to your latest blog!<BR/>Is it possible that you could maybe write a more regular one; as news of Zimbabwe is very slow to arrive from other sources and most articles repeat the same information, always devoting half the article to 'Mugabe lost the 1st round presidential poll, latest cholera/inflation figures and the Sept. GPA... all of which is old news for anyone not in Zim trying to follow it on a daily basis. P.s. I occasionaly read the Herald for fun. The editor is quite the comedian. This week he urged zimbabwean's to prey that Mugabe be given more days to live and hr also claimed that Zanu PF won the March 29 poll. Actually it's not funny anymore. Mugave is credited with being intellingent but none of his words that I have heard point to anything more than huge and poorly constructed lies. How is it that millions of zimbabweans are starving and thousands have died from disease, yet there is not one who has seemingly attempted to remove Mugabe? In Europe former Soviet states such as Ukraine have had revolutions in recent years over much less.Johnhttps://www.blogger.com/profile/07049560189065928721noreply@blogger.comtag:blogger.com,1999:blog-1091105281718040254.post-7297832044937678432009-01-22T00:49:00.000+02:002009-01-22T00:49:00.000+02:00ahh, I think I know what you mean.. If the bank of...ahh, I think I know what you mean.. If the bank of zimbabwe prints a load of new money which they then give to the black market for dollars... The black market gets the benefit of the new money being worth the same as the old money.. therefore increasing profits..<BR/><BR/>However they would have to use the currency double quick mind given its current inflation rate..Patrickhttps://www.blogger.com/profile/13595644377724512197noreply@blogger.comtag:blogger.com,1999:blog-1091105281718040254.post-15913497372031231192009-01-22T00:44:00.000+02:002009-01-22T00:44:00.000+02:00Apologies, I realised that the use of the word 'fa...Apologies, I realised that the use of the word 'fascinating' was perhaps quite patronising.. This of course wasnt my intention, as I'm aware that this govt is quite brutal and repressive..<BR/><BR/>Surly the black market would only buy Zimbabwe currency for dollars if it felt they had value? Who gives them value beyond the black market?<BR/><BR/>Perhaps I'm missing something simple here. But it always struck me that the UN is seemingly more concerned about the lack of govt in Somalia with its tacit involvement with the military, but yet it cant seem to make Zimbabwe crumble to ruinous rubble by removing any value to their currency?<BR/><BR/>Again, I'm probably missing something herePatrickhttps://www.blogger.com/profile/13595644377724512197noreply@blogger.comtag:blogger.com,1999:blog-1091105281718040254.post-59325612765863615962009-01-21T23:33:00.000+02:002009-01-21T23:33:00.000+02:00I don't think its quite that straight forward. The...I don't think its quite that straight forward. The Zimbabwean government buys US dollars by purchasing them for cash on the black market, ie buying it from traders or businesses that need foreign currency to import/or export their wares, or individuals who travel abroad. They also raid foreign currency bank accounts (and its only legal for companies to set this up).Companies with forex accounts are rarely able to use their accounts -- you can't get foreign currency cash out of them without permission from the government bank. <BR/><BR/>It is fascinating. You are not ignorant, feel free to ask more questions, and if I can answer them, I will. <BR/><BR/>Zimbabwe defies all conventional models!Fambai Zvakanakahttps://www.blogger.com/profile/03391647516686846543noreply@blogger.comtag:blogger.com,1999:blog-1091105281718040254.post-70027031118022336622009-01-21T21:29:00.000+02:002009-01-21T21:29:00.000+02:00Fambai,So clearly the US govt is complicit in all ...Fambai,<BR/><BR/>So clearly the US govt is complicit in all this then, by selling them dollars?<BR/><BR/>Or is, that private individuals or institutions are selling dollars to them?.. Its quite fascinating. Excuse my ignorancePatrickhttps://www.blogger.com/profile/13595644377724512197noreply@blogger.comtag:blogger.com,1999:blog-1091105281718040254.post-68068626665243438022009-01-19T18:43:00.000+02:002009-01-19T18:43:00.000+02:00The government is bankrupt. They've just issued a ...The government is bankrupt. They've just issued a 100 trillion dollar note! They keep on printing the money and using it to buy US dollars, largely for their personal use. It is absolutely baffling how long they can get away with it, but many people remember the independence war and do not want to take up arms. So they make a plan to survive, or leave the country, and the status quo remains. It's immensely frustrating, but we hope it can't last forever. <BR/><BR/>Thanks for your comment! <BR/><BR/>FambaiFambai Zvakanakahttps://www.blogger.com/profile/03391647516686846543noreply@blogger.comtag:blogger.com,1999:blog-1091105281718040254.post-44235020258790959392009-01-16T16:54:00.000+02:002009-01-16T16:54:00.000+02:00Why hasn't this govt gone bankrupt? What on earth ...Why hasn't this govt gone bankrupt? What on earth is holding it together? Is it foreign capital or something, it just seems absurd that the govt hasn't fled like ArgentinaPatrickhttps://www.blogger.com/profile/13595644377724512197noreply@blogger.com