Inflation in Zimbabwe has climbed above 100 percent for the first time since last June. It now stands at 131.7 percent.
The levels of hyperinflation are hurting the local manufacturing industry, and there are concerns it could lead to job losses.
Al Jazeera’s @Haru Mutasa reports from Harare, Zimbabwe.
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#AlJazeeraEnglish #Zimbabwe #Economy
Yeah it’s all Mugabe’s fault…
Oops! He is no more. So whose fault now!!???
His successor.
With the backwardness of our economy, Increment in the price of gas, alarming rate of unemployment. I must confess our country has taken a wrong turn. Vividly I don’t know how else to carter for my expenses.
@william carringtonit was worse then because they declared independence illegally and had to deal with sanctions. There was war and people on both sides were getting killed. The white settlers always had the option to go back to England. I hope you are happy there.
@fidel catsro thank you
Which country are you referring to ?
Another country sanctioned by NATO USA countries for what?
The British put Magabe in power, never forget that
What are you insinuating m’am?
Alhamdulillah I live in indonesia everything is cheap. Literally i can buy food for $5 for one day. Average income in indonesia may a bit about $350 dollars a month but with this income you can save your money as well. by the way i live in the village. I am sure People who live in urban areas have a higher income than people who live in rural areas. also the Indonesian government really cares with its people we get free health care and every month the people in my village get 9 kg of rice and 1 kg of chicken and eggs and of course it’s all is for free.
MashaAllah 🐱👍🏿
You are having such a fortune. But its not looking good in our county in bangladesh. We are walking in the same path as them.
They should just use bitcoin just like El Salvador.
Would be a perfect solution yet less than half of the population has internet access. Zimbabwe needs to move back to using one currency(USD) first.
Viva Zimbabwe!
Zimbabwe Zinderbad!
Elon Musk should invest in Zimbabwe!
Make economy gold base
Come back to gold
Print money according to how much do hold gold
And see what will happen
Time to come back
At this point They’re better off scraping their current economic system & create apps & scales so they can use a pound system of gold silver copper coins Dimonds & rubies watches grains drugs produce fruit nuts and berry’s & go back to the biblical apprenticeship system
Stopping lending is the worst they can do! International banks and other institutions have to step in now.
In india day by day fear of gujarat type communal clashes democracy in danger peoples are feared UNO intervention is necessary to protect the secularism in india
0:06 That man looks dead af. Poor soul
But we oky despite inflation
The best thing you can do during a recession is nothing. Sit tight and wait it out. The economy always recovers. And if you have any cash on hand, start buying into the crypto market, it is on sale! These are the times when wealth is created.
I want to invest my bitcoin with him how do I connect with him
👆
@Jameson Smith hamzah is a scammer
Al Jazeera – Thank you so much for pointing a light on world wide inflation. FIY this is a series of videos from different countries. Please make one video per week that compares inflation from many different countries. Many good governments could be forced out of office if their citizens think that this round of inflation is local and due to poor governance.
It is not. Covid and Putin’s war are the biggest causes.
🤔 HOW CAN THEY RELY ON AMERICAN DOLLAR WHEN THE DOLLAR IS WEAK IM FROM THE U.S WE SUFFERING IS WELL BUT NOT AS BAD BUT WE ARE STRUGGLING THE DOLLAR DON’T HOLD ANY VALUE IN SOME EUROPE COUNTRIES SMH IDK
The dollar is as strong as ever wtf are you talking about
@D.J MAMBA true that guy has to go back to school
@Icetrip that’s the issue I don’t have to go back to school but you’ll see how much the dollar worth it’s China Yeng worth more then the dollar so I don’t know what y’all talking about watch how the Yeng rise although it’s already risen
@Tella Swizzy L-Dot ooow🙂
@Icetrip JUST WATCH…🧐🤫
Under White European rule Zimbabwe was once bread basket of africa, Richest country in the continent.
Blacks weren’t rich by the way🤷😂😂😂 my grandmother was a doctor but she literally got paid 20% of what a white person got paid at the same job , and was not allowed to own the land even though you have the money
@Icetrip Today the doctors don’t get paid at all.
Why doesn’t the state take control of the bank when it’s under water?
without glasses? idiots
Nothing to do with economics but this country was once a cricket powerhouse its sad how Zimbabwe have fallen.
Remember all countries in the world today are falling. Not just Zimbabwe.
@Jay Cee the difference is Zimbabwe fell long time ago because of bad governance.
this terrible, hope they can turn it around
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They are all clear to the intelligent one
and simple for those who have knowledge.
😁, sheeple all over the world are suffering from this inflations and shortages and every bluddy idiot is talking about it but no one is talking about those who are behind this all.nobody is discussing who own the banks and money system and the supply chains and bla bla.
Hey sheeple wanna avoid this all in future, then take matters in your own hands.completely change current bureaucracies and political systems and also media personnel and defence structures etc.they all are polluted world wide and rothschild and company control all sons of btches, they trap countries via these haramis world wide.wake the fck up and take matters in your own hands.all problems will be solved.good luck.
From bread basket under whites to basket case.
Why the heck arent these people buying gold and silver?
DO NOT USE MONEY. BE MORE SMART AND EDUCATED. KILL GREED IN YOURSELF.
PEOPLE DO NOT NEED MONEY OR OTHER TYPES OF EXCHANGES. JUST DO WHAT PEOPLE NEED. HELP EACH OTHER. DO IT FOR FREE AND YOU WILL BE ABLE TO GET OTHERS PRODUCT FOR FREE TOO. WHY PEOPLE ARE SO DUMB AND GREEDY?
Before Zimbabwe has strong economy…
Today is 0….
And Sauth Africa…..have the same problem….
Soon Zimbabwe no 2……..
How come there are so many Zimbabweans living outside of Zimbabwe itself.
😂😂lm in the UK we are literally over 500K of us Zimbabweans here we left and got jobs here , l literally had a degree in accounting but l spent 2years looking for a job and ended up just working at a supermarket ,but now lm in the UK lm earning £40K a year , lam planning to invest in Zimbabwe in the next 5years
@Icetrip how serious are u about investing in zim i also wanna invest ,im in sheffield atm
Over reliance of the US dollar
Our government should go back to school and learn economics period ‼️🤷
Same with Ethiopia…..the government and imf r saying the country growing but,people r actually becoming poor and poorer every year …our currency is going down against the dollar + unemployment + civil war+ corporations and so many other issues….there’s no hope for Ethiopia & I gotta feeling other African countries r not better off ether …South Africa and Nigeria r richest countries in Africa but, they’re the same spot as Ethiopia due to lack of law and order,unemployment + corrupt politicians….it’s crazy man…I’m losing hope in Africa
Simply put a failed country
Sansances Minimising time what is ?
Imagine if they still had all of their farmers. Food shortage gonna hit Zim like a ton of bricks.
Our shops have all the food we want. You are living in the past.
Sanctions must be lifted against Zimbabwe now.
There are almost no sanctions against Zimbabwe. Only a handful of individuals are sanctioned and only by the US and a few other countries. The sanctions are really ineffective.
@RockRabbit true but people who don’t research don’t even know
let’s pray for our fellow Zimbabweans,
RIP Robert!
Exhibit 76453 of why the government should not have control of the monetary network. These people need bitcoin and the lightning network.
I pray our country will make it out of these tough times 🙏🇿🇼💚
Another country run by fools
“Repent ye: for the kingdom of heaven is at hand.”
-Matthew 3:2 KJV
“For all have sinned, and come short of the glory of God”
-Romans 3:23 KJV
“He that hath the Son hath life; and he that hath not the Son of God hath not life.” – 1 John 5:12 KJV
“…Sirs, what must I do to be saved? And they said, Believe on the Lord Jesus Christ, and thou shalt be saved, and thy house. “-Acts 16:30-31 KJV
“And as it is appointed unto men once to die, but after this the judgment:
So Christ was once offered to bear the sins of many; and unto them that look for him shall he appear the second time without sin unto salvation.”
-Hebrews 9:27-28 KJV
“He that loveth not knoweth not God; for God is love.”
-1 John 4:8 KJV
“Heaven and earth shall pass away, but my words shall not pass away.”
-Matthew 24:35 KJV
Hmmm…I see.
As long you still using their swift payment and look up to their values and norms you will be just going in circles. I hope many nations are learning how Russians have dealt with situations like these , if they don’t have the gas , oil , chrome, lithium , gold , copper , coil they should pay the price . It’s the corrupt AU leadership that l put the blame on
Bring back Rhodesia
Zimbabwe Ruins
Zimbabwe just never recovered after they stole all the farms hey!
you cant steal whats yours ,can u ?
So Rodesia was nit that bad huh??? Lets face facts, show me one african country doing good….
Poverty and hunger. Dzangova nharo at this stage.
Use to Trump
WHO Dr Tadros director general pandmic
Abul kalam
Bangladesh with
7/6/2022
IAN SMITH WAS RIGHT ❤❤❤
RHODESIA FOREVER ❤❤❤
The politicians stealing all the money, they would careless about the poor people
Amazing how those machines have lasted since the Rhodesian Govt? Not a single machine cnc or newer than 50 years!
I actually know of a couple machinists here in America who still use manual machines , still have the old ones also.
@WiIdbiII For production jobs? Or as a curiosity and hobby for one offs?
Hold firm Zimbabwe. The Western regime has its agenda. To topple the government through the electoral process. Why?? Because Zimbabwe dared to take back control of her land.
Implications are there for those whom the Western regimes need to take over Zimbabwe. Zimbabwe needs to join hands with the rest who are being punished for daring to be themselves. Russia is leading the way and through BRICS let’s forge an alternative to this Western economic regime. Our freedom lies there. Yes we must get our act together as a nation, clarity of vision is key and so is the ability to be disciplined and get things done. We owe it to ourselves. Lude lol’ uhambo. We must move forward on this long journey. For the good of all ourselves and our future. Long Live Zimbabwe. Long Live all our people.
Haru,, what happened to the investors you promised to bring to Zim?
Whoever cursed that country did a thorough job.
Not as bad as the useless Biden Administration in the USA with Gas prices doubling.
Zanu PF ruined the country so sad
Didn’t had this problem in the 70’s hhhhhhhhmmmmmm interesting
Why not African countries enter a single currency, single market type economy like EU. Individually they are and will be weak but collectively it will be included in IMF’s basket of global currencies.
With fools running the economy they soldier on distroying whatever is left to achieve cheap political points but as things unfolds it takes real leaders from those in power and in opposition to call for snap election and solve this economic fiasco, i zanuids are now seeing the results of corruption and implications they cause from domestic geopolitics and internationally