“This year is another bleak year with absolutely nothing to celebrate for the common worker and the common citizen,” Japhet Moyo, secretary of the country’s main trade union Zimbabwe Congress of Trade Unions told AFP.
“So you get paid today after three or four days, the money is worthless, you can’t really buy anything that is meaningful. “Our national economy, conditions of service and living standards for workers are sadly in the intensive care unit at the moment,” Majongwe said. The crisis has brought back memories of a decade ago when hyperinflation peaked at a grotesque 500% billion, wiping out the Zimbabwean dollar.
And soon to be South,Africa
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MARKET WRAP: JSE slips ahead of data-heavy weekVolumes on the local bourse were low on Monday, ahead of a busy week in terms of global economic news, as well as Wednesday's public holiday
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