Skip to main content

New Zim notes fail to dent cash shortages

Moneyweb "HARARE (Reuters) - Zimbabwe's central bank introduced new higher value banknotes on Friday which however failed to ease a cash shortage which has kept commercial banks busy with long queues of desperate residents wanting to withdraw money.
Banknotes have joined a growing list of basic items in short supply in the crisis-hit country, as inflation soars, prompting the central bank to introduce 10 million Zimbabwe dollar bills."

Popular posts from this blog

Darfur refugee camp 'hiding rebels'

Sudan's governemnt has accused Darfur's largest refugee camp of harbouring rebel fighters. The Kalma camp is the only one that is permanently protected by United Nations and African Union forces, but residents fear they may be driven out as the military threatens to take action. Al Jazeera's Hoda Abdel-Hamid reports from the camp.