Showing posts with label Zimbabwe. Show all posts
Showing posts with label Zimbabwe. Show all posts

Friday, August 5

there are many other countries who do not like international courts and are happily going down the Zimbabwe route

this article was very interesting and rather sad, the power of states needs to be managed and controlled.

This article discusses three credible attempts by African governments to restrict the jurisdiction of three similarly situated sub-regional courts in response to politically controversial rulings. In West Africa, when the Court of the Economic Community of West African States (ECOWAS) upheld allegations of torture by opposition journalists in Gambia, that country’s political leaders sought to restrict the Court’s power to review human rights complaints. The other member states ultimately defeated Gambia’s proposal. In East Africa, Kenya failed in its efforts to eliminate the East African Court of Justice (EACJ) and to remove some of its judges after a decision challenging an election to a sub-regional legislature. However, the member states agreed to restructure the EACJ in ways that have significantly affected the Court’s subsequent trajectory. In Southern Africa, after the Southern African Development Community (SADC) Tribunal ruled in favour of white farmers in disputes over land seizures, Zimbabwe prevailed upon SADC member states to suspend the Tribunal and strip its power to review complaints from private litigants. Variations in the mobilization efforts of community secretariats, civil society groups and sub-regional parliaments explain why efforts to eliminate the three courts or narrow their jurisdiction were defeated in ECOWAS, scaled back in the EACJ and largely succeeded in the SADC.


 It is indeed sad that states do not uphold the law, politicians need to be controlled tightly otherwise they will busy go about buggering up countries.

Tuesday, December 1

UN corruption convention in Doha, rendered toothless

As you might know, the United Nations is trying to push for a good solid anti corruption convention with teeth and peer review globally. If this really takes off, then it will really help the world, and most importantly, the poor who get disproportionately hit by corruption. The rich can bribe their way through these things but the poor get hurt.

But guess what? some countries objected to being peer reviewed. Who are these countries of total probity and clean hands? China, Russia, Algeria, Egypt, Pakistan and Zimbabwe. For those who are citizens of these countries, you could ask them why their representatives are against corruption eradication? Oh! I am sorry, these representatives are themselves corrupt and obviously their governments are as well. China is heavily corrupt, Russia is a byword, Algeria, Egypt and Pakistan, well, we all know about it while that wonderful world of anti imperialistic resistance, Zimbabwe is a beacon of innocence.

Bah!

Thursday, December 25

Mugabe Backers operating freely in UK

Simply do not understand this government. The fact that it lies and is hypocritical is not surprising at all. But then, for Gordon Brown to say, "enough is enough" for Zimbabwe and then not doing anything about the fact that businessmen who are supporting Mugabe are allowed to do so freely is absolutely shocking. Perhaps not, it runs in his political philosophy to say one thing and mean something else. Very economical with the truth, is our Gordon. Blowhard git. I quote:

 

Of 21 companies put on a US blacklist by President Bush last month, 14 are based in Britain, two in the Isle of Man, one in Jersey and one in the British Virgin Islands. The other three are based in the Democratic Republic of Congo, Florida and Zimbabwe itself.

The operations of some British or British-owned companies have also caused concern. It was reported this year that Foreign Office officials were worried that the Zimbabwean subsidiary of the London-based Standard Chartered Bank was violating European Union sanctions. According to inside sources, the Foreign Office asked the Treasury to make “discreet inquiries” as to whether Standard Chartered loans to the Zimbabwean Government breached the sanctions.

Standard Chartered Zimbabwe is a subsidiary of Standard Chartered Plc of Britain. A Foreign Office official was quoted as saying: “I'm still nervous about the position of other [British-owned] banks [in Zimbabwe], and in particular Standard Chartered.”

Britain has failed to take action against individuals and companies while calling for Mr Mugabe to go. By contrast, the US Treasury last month named four financier “cronies” - Mr Bredenkamp, Muller Conrad “Billy” Rautenbach, Nalinee Joy Taveesin and Mahmood Awang Kechik - of Mr Mugabe and put them on a blacklist, freezing their US assets and banning American citizens from doing business with them.

On the US blacklist

John Bredenkamp “A close ally of Mugabe’s”, according to the US Treasury. It lists the following entities, owned or controlled by him: Alpha International (Private) Ltd; Breco (Asia Pacific) Ltd, also Breco (Eastern Europe) Ltd, (SA) Ltd, (UK) Ltd, Breco Group, Breco International, Breco Nominees Ltd, Breco Services Ltd; Corybantes Ltd; Echo Delta Holdings Ltd; Kababankola Mining Company; Masters Int Ltd; Masters Int Inc; Piedmont (UK) Ltd; Raceview Enterprises; Scottlee Holdings (Pvt) Ltd; Scottlee Resorts; Timpani Ltd; and Tremalt Ltd

Muller Conrad Rautenbach (aka Billy Rautenback) Zimbabwean businessman “with close ties to the regime”. Supported Zanu (PF) individuals during the conflict with the Democratic Republic of Congo and “provided logistical support” for mining projects that “benefit a small number of corrupt senior officials”. One entity designated is owned by him — Ridgepoint Overseas Developments Ltd

Nalinee Taveesin A Thai businesswoman who has organised “a number of financial, real-estate and gem-related transactions” for Grace Mugabe and others on the US blacklist

Mahmood Awang Kechik A Malaysian urologist. Alleged to have used his clinic to hide the destination of medical equipment coming into the country. Also implicated in schemes to “generate wealth for these regime officials” and the Zimbabwe Government”

Source: US Treasury Department

Compare this with the issue around Muslim charities here in the UK. Here's another story about this issue. The point that I am making is that the British Government, (its protests notwithstanding) goes after Muslim charities because they are proscribed by the USA, but not when it has to do with Mugabe's thugs. Quite an interesting dichotomy, no? But then, I suppose Gordon Brown does not have the bottle to take despots or terrorists on. It simply whines, moans and ruins the economy in its selfish stupid desire to hang on to power. What an incompetent git.

Sunday, December 14

How are these genocide supporters allowed in the UK?

This makes me wonder what on earth this government is doing? Ok, so I understand making those heavy sounding statements on Zimbabwe, but how about turfing these bastards out of the UK? How are they enjoying their ill-gotten gains in the UK? under our noses? Cancel their visa's and chuck them out for being supporters of an odious regime? I quote:

One of Robert Mugabe's closest political allies is living in luxury in London while being allowed to fly to and from Zimbabwe, despite her close links to the dictator's feared Zanu-PF part

When confronted by The Observer, Chitauro said she was a 'private citizen at the moment' and declined to comment further. Asked whether she now denounced the Mugabe regime, she replied: 'No, I'm not going to say that.'

She said that she was in Britain as 'a way of right', having 'contributed to the UK for a long time'. She also confirmed: 'I'm here, but sometimes I go back to Zimbabwe.'

Excuse me? contributed to the UK in which way? By associating with genocide, you twit?

Sunday, July 13

Pictures of Robert Mugabe's Mansion

This set of photographs just blew me away, can you imagine this house? This robber has built this house based upon the blood of his own people. And Russia China don't think there is a problem. Of course there isn't a problem. Except for the exceedingly bad taste in decorating, lol

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Full slide show here.
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Saturday, May 31

More on Zimbabwe

That situation in Zimbabwe is turning more and more surreal by the day. Here's some surreal bits from just 1 story.

  1. The leaders wife is clearly telling everybody that she doesnt believe in democracy.
  2. She thinks that Mugabe only believes in one party rule
  3. They think that MDC burnt down a homestead.
  4. She says, with a straight face, that they are humans. How amusing
  5. She thinks that MDC is responsible for the violence
  6. Mugabe thinks that the problems with food shortage is because of drought
  7. Mugabe thinks that the food production problem is again due to drought

What a bunch of ignorant stupid moronic clowns. And these are the people who are being supported by the other African Leaders. Sod them.

Sunday, May 25

Chavez, Mugabe and perhaps Gordo, classmates?

I think all of these chaps graduated from the same school, the how to ruin an economy in the shortest period of time school. Thanks to Samizdata, here's a great article on how Venezeula has managed to get totally mucked up by Chavez, the great white hope of the utterly economically illiterate. the last line is the best, I quote:

Petrodollar billions can buy a lot of things. As Chavez has found, well-stocked grocery shelves aren't always among them.

As always, all these grandiose economic ideas end up hurting the poor, hence "MORONS"

Thursday, April 17

British Destabilize Africa:Food Riots Spread as Hunger Deepens

Check out this Executive Intelligence Review. It says, "The energetic British attempts to create chaos and famine in Kenya and Zimbabwe in Africa, take place against a background of worldwide hyperinflationary food price increases and sudden food shortages, which are threatening both to kill large numbers of people, and to bring down governments in the Third World. The developing potential food crisis and famine arise from decades of British and Brussels attacks on national food self-sufficiency, and outright food scarcity policies masked as "agricultural free trade."

hehehe, funny, eh? its not for executives, its for feeble minded pond life, its not intelligence, it is some words strung together without attribution or analysis and sure as hell it is not reviewing anything, but its very funny! :) welcome to conspiracy theories. I think Mbeki is reading this site to get his daily intelligence updates!

All this to be taken with a grain of piquant salt!!!

Now Mbeki tries to redefend his moronic stance on Zim

Now Mbeki tries to defend his "there is no issue in Zim" thesis. I quote:

He defended those remarks in New York, saying dialogue was essential to
bring about a resolution to the situation in Zimbabwe, where 18 days after
presidential elections, electoral officials have yet to announce a result.
"The solution to the problem of Zimbabwe lies in the hands of the people of
Zimbabwe," he said.
"In our engagement with the situation, we needed to talk
continuously at all times with both the ruling party and the opposition."

what a git, 3-4 million of Zimbabweans are in your country, you idiot, talk to them. What a morally and intellectually corrupt man.


All this to be taken with a grain of piquant salt!!!

Tuesday, April 15

Mbeki's own party calls him a twerp

How amazing, the ANC actually telling that thief Robert Mugabe to step down, in opposition to that moron "there is no crisis" Mbeki's view.

The more I read about Mbeki, the more bewildered I become, how on earth can a nominally intelligent man frankly be so spectacularly stupid. No, not stupid, but actually idiotic and a figure of fun. Does he not realise that he comes across as a moron when he speaks like this? Or perhaps he is so far gone that he doesnt realise this at all?

All this to be taken with a grain of piquant salt!!!

Friday, April 4

The Musharraf Strategy

Besides the fact that that clown Mugabe is still in power after ruining his country, I found it amusing that now there is a political strategy called as the Musharraf Strategy. I am sure he (and Pakistan?) would be so proud of being associated with that! :)




All this to be taken with a grain of piquant salt!!!

Tuesday, March 18

South Africa's Conditional Universal Jurisdiction -- and Its Potential Effect on Zimbabwe

Now this is an interesting take on the ICC protocols, I always thought that the ICC is restricted to national boundaries and only to nationals of their own. But apparently, if you are present in any other country, including UK and South Africa, if you are a suspect in genocide or bad crimes, then you could well be arrested.

Very curious and very interesting indeed. I presume if this works, then Donald Rumsfeld will stop travelling to the UK? :) (Like what happened with the British police and the Israeli Army General, see here for more details)

All this to be taken with a grain of piquant salt!!!

Saturday, February 23

Zimbabwe inflation over 100,000%

Sighs, it is like the Robert Mugabe School of Economics is plumbing greater depths! Sorry, no link!

Zimbabwe's annual inflation rate has soared to more than 100,000 per cent, according to official figures.

"The year-on-year inflation rate for the month of January 2008, as measured by the all items Consumer Price Index (CPI) stood at 100,580.2 per cent, gaining 34,367.9 percentage points on the December rate of 66,212.3 per cent," the Central Statistical Office (CSO) said in a statement.

"This means that prices as measured by the all items CPI increased by an average of 100,580.2 per cent between January 2007 and January 2008."

Inflation of food and non-alcoholic beverages reached 105,428.0 per cent while non-food inflation was 97,885.7 per cent."

The southern African country's economy has been in a tailspin for the past seven years, characterised by shortages of basic commodities such as sugar, cooking oil and petrol.

While the products are readily available on a burgeoning black market, many Zimbabweans have resorted to buying their essentials from neighbouring countries such as Botswana, South Africa and Zambia.

At least 80 per cent of the population are living below the poverty line, often skipping meals to stretch their income, which frequently fails to cover basic needs.

The Government has introduced several measures to try and curb inflation, including imposing a ceiling on the prices of some goods and services and knocking three zeros off the country's currency.

The CSO last released monthly inflation statistics to the media in September. The November figure was released by the central bank chief in a statement last month.

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Tuesday, January 15

Zimbabwe judge bemoans exodus

More proof is you still need it that people are voting with their feet on the great paradise republic of Zimbabwe. I quote:

HARARE - Zimbabwe’s most senior judge has bemoaned a mounting backlog of untried cases because of a staff exodus, saying the high court in Harare now only had one stenographer to keep records of proceedings.

Makarau said the delivery of justice was further hampered by a shortage of court transcribers with only one serving the high court in Harare and a second in the main southern city of Bulawayo.

She cited a case where a judge was at a loss what to do with a man accused of killing his brother after a drunken brawl.

During the the lengthy time the man was on bail awaiting trial, he assumed responsibility for his deceased’s brother’s family and fathered two additional children with the widow.

"How does society expect us to respond in such circumstances where the delay is in the system and no particular officer or office is to blame?" Makarau asked.

This is a warning, when the legal system breaks down, the society and country will break down as well!

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Monday, December 3

Another heart-rending story on Zimbabwe

Read and Weep! And for those who celebrate that Monster Mugabe, watch over the mess he has created and weep for his victims.

Mugabe victims hit new low

WE knew Sarudzai Gumbo was still sick, but nothing prepared us for what we
found.

The seven-year-old girl was lying alone and neglected in a dirty side-room
of a hospital in the Zimbabwean capital, Harare, her head a mass of septic
wounds. Two large cancers were devouring the right side of her face. She had
lost the sight of one eye and the other was gummed up.

A filthy, bloodstained hat concealed untold horrors on her scalp. She
screamed with pain when we tried to remove it. Flies hovered around her
lesions. The stench of her putrefying flesh was overpowering. She weighed
16.3kg.

The Times highlighted Sarudzai's plight in March after discovering her in
Mbare, a Harare slum. Her family was living on wasteland because its home
had been destroyed by Robert Mugabe's Operation Murambatsvina (Clean Up
Trash). Her parents' livelihoods had been ruined by a ban on street vendors.
They both had AIDS, as did Sarudzai, whose face was disfigured by open
sores.

Readers sent in pound stg. 7500 to try to help her - funds forwarded to the
Jesuit mission in Mbare - and Sarudzai was sent to an AIDS clinic. But her
mother died in April and her father took her away to the ancestral village
and - fatally - interrupted her treatment.

Sarudzai was transferred to Parirenyatwa Hospital just as Zimbabwe's
healthcare system was imploding. As with every other hospital, the doctors
and nurses who were there have left in droves for better-paid jobs abroad,
their salaries at home rendered almost worthless by hyperinflation.

There are no anesthetics, drips, painkillers, anti-retroviral drugs, blood
for transfusions or even bandages. This is a shell of a hospital, a place
where patients are left to die.

Sarudzai, whose father is also close to death, is a lovely, brave,
affectionate girl. She never cries. She claps her hands when given
something, waves when you leave.

Her condition was heartbreaking. We had her examined by a private doctor,
who said it was the most shocking case he had seen. Within hours she was
admitted to a private hospital. She has now been adopted by Kidzcan, a
charity that helps Zimbabwean children with cancer, but her chances of
survival are slim.

Sarudzai's is just one of the legion of horror stories that Mugabe seeks to
conceal from the world by banning foreign journalists from Zimbabwe. She is
one of millions of victims of his pernicious regime who will be largely
overlooked when the octogenarian autocrat enjoys the propaganda triumph of
being greeted as a legitimate national leader at the European Union-Africa
summit in Portugal this weekend.

Over nine days spent travelling clandestinely around this beautiful,
once-bountiful country, The Times found a nation where millions struggle to
survive on barely a bowl of sadza (a mealie-meal porridge) a day, the most
basic services have all but collapsed and thousands die every week from
starvation and disease. AIDS, like corruption, is rampant.

Once Africa's breadbasket, Zimbabwe can no longer provide its citizens with
bread and water.

"This is the world's worst humanitarian disaster, worse even than Darfur,"
opposition MP David Coltart says. "We lose more people a week to preventable
illnesses than are lost in Iraq, but because there's no blood on the
streets, little attention is paid to what's going on here."

Zimbabwe, like Sarudzai, has deteriorated dramatically since March. It is
closer than ever to complete collapse, according to the International Crisis
Group. Inflation has soared from 1700 per cent to 15,000 per cent. Draconian
price controls have emptied the shops because producers cannot cover their
costs.

Though millions are starving, farmers are slaughtering dairy herds because
they cannot sell milk at a viable price. But those who still have money can
buy almost anything on the flourishing black market.

Petrol is almost unattainable without foreign currency. Power cuts are
frequent because Zimbabwe no longer has the foreign exchange to repair its
decrepit generating stations or buy electricity from its neighbours. Taps
run dry for days on end, and when the water does flow, it is contaminated by
sewage.

In Mabvuku, a township east of Harare that has had no proper water supply
all year, we found hundreds of women gathered on a patch of wasteland,
waiting with their buckets for tiny, muddy pools to form in the bottom of
half a dozen 4.5m holes.

"Some of us get up at 4am because there is more water then and it is
cleaner. Some of us wait the whole day," Joyce Dando, 46, said.

Four of the five reservoirs serving Bulawayo, Zimbabwe's second city, have
dried up. Some districts have gone weeks without water. Sewers explode for
lack of running water to wash away blockages. Coltart, who represents
Bulawayo, accuses the regime of deliberately blocking new water projects for
a city that is an opposition stronghold.

Agriculture, the backbone of the economy, was destroyed by land seizures
(which continue, with 160 of the 500 remaining white farmers having recently
received eviction notices). What remains of industry is being destroyed by
inane economic policies. Gross domestic product has fallen to the level of
1953, coal production to the level of 1946, and gold production to that of
1907.

Like its health system, Zimbabwe's once-proud education system has been
crippled by a teacher exodus, with an estimated 30,000 leaving the country
since January, many quitting in mid-term. The University of Zimbabwe has
lost at least half its 1200 lecturers.

The mobile phone networks are collapsing; only a skeletal train service
survives; bus fares exceed most people's wages. Even cash is running out
because the Government cannot print money fast enough, pay to repair its
German presses or buy enough chemicals and ink from abroad. John Robertson,
an economist, estimates that it printed $Z372 billion in March, $Z5648
billion in August.

The human consequences are desperate. A senior offical of a non-government
organisation said that almost half the population needed food aid. In both
rural and urban areas, The Times found children with the distended bellies
and swollen joints of kwashiorkor - a disease caused by severe malnutrition.


In one rural clinic, a 20-month-old boy lay dying of marasmus, another
disease caused by malnutrition. He weighed 5kg. There was no hope, the
doctor in charge said. The clinic treats hundreds of villagers who come from
far and wide each day on buses, donkey carts or foot.

More than 80 per cent are HIV-positive. Half are medically malnourished.
That lethal combination has destroyed their immune systems and caused an
explosion of other diseases such as tuberculosis, malaria, meningitis and
pneumonia.

In a Harare cemetery, The Times found five funerals taking place
simultaneously. An official said the city buried 5690 adults last year and
was on track to bury 8000 this year. Those figures exclude paupers' burials:
that morning alone, 38 people had been dumped in an unmarked mass grave with
no religious service.

A Bulawayo cleric took us to Kilarney, a desperate collection of shacks in
the parched bush outside the city that houses 500 families displaced by
Operation Murambatsvina. There is no school, no clinic. The inhabitants have
no jobs, no money, just a few cooking pots. They draw water from the shaft
of an abandoned goldmine with a sign reading: Danger - Cyanide Mining.

They survive on mealie meal provided by the church. Every few months, the
cleric gets soap, which he divides into tiny pieces, one per family.

Nokhuthula, 24, a stick-thin mother of two tiny children, stood outside a
shelter of corrugated iron and plastic sheeting held down by stones. A few
rags were drying on a thorn bush. Her husband was a carpenter, but his tools
were destroyed by Mugabe's thugs.

She used to supplement his income by sewing, but could no longer afford
needles and thread. The last time she ate anything but sadza was last
Christmas when she had a bowl of rice.

"There's no hope here. This is a place where people are lucky to reach the
age of 40," the cleric said. He then drove us further into the bush and
showed us rows of mounds in the red earth, each covered with thorny branches
to keep animals away. This was where he buried his parishioners, their
bodies wrapped in blankets, because their families could not afford proper
funerals.

In Mbare, church workers rounded up half a dozen destitute women for us to
talk to, women such as Chipo Holaza, 32, who lost her husband to AIDS two
years ago. She lives with her four children under plastic sheeting, and
sells herself for less than $1. And now she is disfigured by AIDS.

"I'm desperate. The children will have no one to look after them if I pass
away. They'll be street kids," she said. One headmaster near Bulawayo said
that almost all of his 300 female students, aged 14 to 16, were selling
their bodies for food. A dental student at the University of Zimbabwe said
several classmates were doing the same.

No country has such a rapidly contracting economy or plummeting life
expectancy, but diplomats still believe Mugabe will retain the presidency in
elections due in March.

Boosted by the EU-Africa summit, he is certain to secure the Zanu (PF)
nomination at a special congress on December 14. With the opposition
Movement for Democratic Change demoralised, depleted by emigration and split
into rival factions, with 4 million of Zimbabwe's ablest citizens having
fled the country and those that remain debilitated by suffering, Zanu (PF)'s
superior political machine should ensure a Mugabe victory.

Even so, he is taking no chances, though. In remote areas, far from the
public eye, his henchmen are at work. An activist from Binga in the far
northwest said that 200 former members of Zanu (PF)'s youth militia arrived
last June. Since then, pumped high on drugs and alcohol, they had
systematically terrorised the poorest areas, burning homes, stealing goats
and gang-raping as many as 300 women aged between 16 and 51. The activist
described Zanu (PF)'s strategy: "If you're not for us, you are against us,
and if you're against us, you're going to be broken."


All this to be taken with a grain of piquant salt!!!

Sunday, December 2

More wonderful economics from Zimbabwe

Zimbabwe has released a "People's Budget". Read and weep, I don't have words to comment on this bizarre step! And then you had thousands of Zimbabweans celebrating the Great Leader's leadership and wanting him to rule again next year. People get the leadership they deserve?

 

Presenting a so-called "people's budget" to parliament yesterday, Samuel Mumbengegwi, the Zimbabwe finance minister, devalued the Zimbabwe dollar by some 99 per cent, while forecasting a return to positive economic growth in 2008 accompanied by a slowdown in inflation.

With parliamentary and presidential elections scheduled for next March the tag "people's budget" is justified by cuts in personal tax, the zero rating for value added tax purposes of pork products - now the only meat available for low-income consumers - and a long list of government spending pledges designed to "kickstart" the economy.

Political analysts say the budget is mostly irrelevant, since Zimbabweans in urban areas will not believe the numbers, forecasts or promises.

But they agree that, notwithstanding rapidly worsening hyperinflation and country-wide shortages of food, fuel and electricity, President Robert Mugabe is on course to win a comfortable victory next March.

In a muddled presentation, in which the figures in his speech conflicted with those in the official Blue Book, Mr Mumbengegwi said the Zimbabwe economy had performed "remarkably well" despite "illegal economic sanctions imposed upon us by Britain and the west".

He claimed a 4 per cent increase in agricultural production, while acknowledging that output of maize, the country's food staple, fell 36 per cent. Exports, he said, rose 6.4 per cent in US dollar terms, though this still left them at about half their levels of the late 1990s.

In order not to offend Mr Mugabe's sensitivities on the issue, the finance minister camouflaged currency devaluation by referring only to the effective rate at which import duty would be levied.

From Monday customs duties on imports would be levied at an effective exchange rate of Z$270,000 to the US dollar, up from the $30,000 figure announced only three months ago.

Mr Mumbengegwi admitted that it had not been possible to calculate an inflation figure for October with the revealing comment that "many items included in the consumer basket have not been available in the shops".

Economists say it is impossible to take many of the budgetry numbers seriously given the discrepancies in the official figures and the huge inflation-driven variance between original and revised budget figures for 2007. These too are incomplete, with no budget deficit figure, nor an estimate of gross domestic product for 2007.

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Friday, November 30

Curious Similarities between Ian Smith and Robert Mugabe

Both Robert Mugabe and Ian Smith were hero's in their respective wars, fighting against oppression, fasicm, racism, discrimination and and and. Both lost to their own people, both turned into monsters and both are now considered to be to the worst human beings in the world. How tragically ironic!

All this to be taken with a grain of piquant salt!!!

Monday, November 26

More News on the Robert Mugabe School of Economics

See here for my previous comments on the Robert Mugabe school of economics and then read this news story. What a paradise on earth, no? For all those who want state controls over the economy, they should move to Zimbabwe to enjoy the fruits of state controlled labour and hump sacks of cash!

As inflation soars, Zimbabwe short on cash
By Sebastien Berger in Harare
Last Updated: 2:03am GMT 26/11/2007


After running out of basic foods like bread and milk, Zimbabwe is now running out of bank notes.



A man leaves the bank after withdrawing Z$40million in Harare


The soaring inflation rate - the world's highest at 15,000 per cent - means locals are being forced to use more bank notes to buy less.

The largest denomination note, the Z$200,000 bill, is worth about eight pence and the standard unit of exchange is a packet of 100 wrapped in plastic bands.

Cash is in such short supply that ATM withdrawals have been limited to Z$10million (about £4) per person per day and huge queues form outside banks every day.

One customer in Harare had been waiting in line for six hours.

Asked if there was money available or whether any would be delivered, another said: "I don't know."

Gideon Gono, the reserve bank governor, said last week that the launch of a new currency, dubbed Operation Sunrise II, was imminent.

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But the last Operation Sunrise - when three zeros were knocked off prices and notes - proved a false dawn and no one expects any different this time.

While the situation is a goldmine for blackmarket currency traders, it does pose a logistical problem.

Keen to remain inconspicuous, they stuff their pockets with notes, while large-scale dealers, operating from vehicles, are regularly exchanging blocks the size of bricks.

"Everybody is buying and selling money to each other," one trader said. "Most of the guys can't put their money in the banks because they are losing value - so they buy US dollars."

The government itself was driving down the Zimbabwean dollar by paying a premium on transactions just to ensure they got currency quickly, he said.

Usually cash is traded at a 20 per cent premium to bank deposits. But with foreign exchange deals, the premium could reach almost 100 per cent. "The government froze the supply of cash to the banks," the trader said.

It is as if Mr Mugabe, having failed to control inflation by neo-communist price controls, has converted to Thatcherite monetarism.

But the reality is more prosaic.

"They can't print it fast enough," said John Robertson, an independent economist in Harare. He suspects the presses are secretly being used for soon-to-be issued Z$500,000 and Z$1million notes.

The government was still driving up the money supply with cheap credit and the absence of goods to buy was fuelling inflation, he said.

"It's just become such an inefficient mess because of incredible shortsightedness on the part of the government," he said.



All this to be taken with a grain of piquant salt!!!

Saturday, November 17

Zimbabweans want "white" farmers to stay!

Now you know why Comrade Mugabe got rid of the white owned farms, yes? It was because there was not much left to steal for his gang of murderers and thieves. So they got rid of the white owned farms. They left, the farms were taken over by his crooks, and now they are not white, they are not farms and they are certainly not producing anything. With the result, eye watering inflation, millions emigrating, and Comrade Mugabe sitting on top of this stinking heap of corruption, racism, thuggery, intimidation, and ignorance. But one man is fighting back. I quote:

More than 4,000 white farmers have left Zimbabwe since President Robert Mugabe began his seizing their properties under his redistribution" scheme in 2000. But one provincial governor has made an unprecedented attempt to reverse the trend by preventing two white Zimbabweans from being evicted from their land, in a move that has surprised the country's white minority,

Lindsay Guild and his sister Heather were told that they can continue working their two farms near the city of Mutare after a campaign supported by people from all walks of society, including Vice-President Joseph Msika.

Tinaye Chigudu, the governor of the province of Manicaland, of which Mutare is the capital, said the pair made an essential contribution to the community and should be allowed to stay. His ruling thwarted the ambitions of two senior Zanu-PF party members of Mutare City Council, who wanted to seize the plots.

Mr Guild and his wife used to have two farms but were forced to give one up under the Mugabe reforms. In 2004, half their remaining land was seized by Irene Zindi, the deputy chairman of Mutare City Council. She then sought to take over the rest of it, while the council chairman, Fungai Chaeruka, tried to appropriate Heather Guild's farm. That will not now happen.

Hundreds of the Guilds' supporters, including black farmers, peasants and even members of the ruling party, Zanu-PF, protested outside the farms in defiance of militias armed with clubs and batons. Moses Chatora, a peasant farmer, said: "The Guilds help us. They taught us how to grow tobacco from seedlings and how to market it. A lot of people here have made a lot of money because of the Guilds." Only 400 white farmers remain in Zimbabwe out of an estimated 4,500 before Mr Mugabe's reforms.

But will anybody listen? no, welcome to the protection of stupidity and racism by the world.

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