Monday, July 9, 2007

Zimbabwe: Rand Set to Prop Up Zim Dollar

The crisis in Zimbabwe is very depressing and shameful. Zimbabwe used to be the bread basket of South Africa. I just read this article on how the Southern African Development Community (SADC) will use the RAND to curb the high inflation rate in Zimbabwe.

However, President Robert Mugabe would first have to agree to fundamental political reforms in talks with the opposition Movement for Democratic Change (MDC) which are due to start near Pretoria tomorrow.

Read more from All Africa.

No comments:

Post a Comment

You are welcomed to leave a message!

Related Posts Plugin for WordPress, Blogger...