Zimbabwe indfører 10 billioner sedler

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By Sam Banda Jnr, AfricaNews reporter in Blantyre, Malawi

BLANTYRE, 20. December 2008: Zimbabwe has introduced a 10 billion Z dollar note aimed at fighting cash shortage in that country. Things are turning from worse to worst in Zimbabwe. The new development also comes at a time when the southern African country is experiencing the cholera outbreak which has already killed over 1.000 people.

Media reports in the country say the country’s central bank has introduced the 10 billion Z dollar note which is worth 20 US dollar on the black market.

Zimbabwe the once mighty continent of Africa has seen its inflation rise and prices of food and goods have gone up prompting people to migrate to neighbouring countries.

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