January 6, 2014

Zimbabwe: Africa's Shockingly Expensive Basket Case

Mike Hobbes, The New Republic

The Associated Press

The first thing you notice about the money in Zimbabwe is that it's filthy. The bills have been passed back and forth so many times the numbers are almost rubbed off. The second thing you notice is that there are no coins. Prices are in dollars and cents, but when you pay, the stores round up and give you your change in store credit, phone minutes, or lollipops. The next thing you notice—the thing you keep noticing—is how expensive everything is. A five-minute cab ride to the grocery store is $7. Once you get there, a Coke is $2. A jar of peanut butter is $4. Thirty-two ounces of yogurt is $5.

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TAGGED: Africa, Zimbabwe

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