Exactly... And a trillion dollar note... And a hundred trillion dollar note. Ppl love sensationalizing shit. Chick should do more research instead of renting eyelashes
You guys have nothing on us Zimbabwens I personally was a trillionare at the age of 11 Bill Gates has nothing on me He a Lil boy 😆😆😆 I was a multi trillionare The only problem was that bread costed 8 quintillion at that time 😐😐😐 Now I'm broke
Zimbabweans must understand the universal principles. What they must understand is that this is a results of what they did for their country. They are too negative about their own.country. They must rebuild their country without being negative. I think it's good to hear that they have banned all other currencies. In South Africa we already had lots of problems about money crossing the boarders without being counted for. Zimbabwe must rebuild Zimbabwe and the problem is that the Zimbabweans especially those who fraudulently have South African ID are too negative about their own mess. We reap our sowing. I told our President that home affairs officials must be vetted and investigated and if one is found to have done fraud then all the IDs issued by that person going 10 years+ must be revoked so that people must reapply to see all the corruption. South African has a plan to fix it's mess and Zimbabwe must do the same without being parasites. We are saying this as Scientists not politicians and we have broader knowledge about how things work in the Universe. When Zimbabwe comes up with something new, already the Zimbabweans are so negative about it with their minds scanning what might go wrong. This is the problem. A country won't be fixed by negative minds and also people must be proud about their own country and they must have a positive mindsets to rebuild the country they have torn apart consciously. Zimbabwe is not the first country which has experienced a decline. All powerful nations went through the same and someone might say not like Zimbabwe. Yes, it's because Zimbabwe is an extremely negative country. People must build everything n positivity then it will be ok.
Bok ram I'm a Scientist so I just don't have time for stupid and negative people. Tell me, here, what is your net worth compared to the President? He is BILLIONAIRE and BILLIONAIRES whether a black or white one understand the principles. That's why they are successful. Small minds like you are the biggest problems in our planets because of neurological disorder and myopia of the mind. Please save your ignorance I am running my own Independent Scientific Research and Mental Development Center, so I have a lot of work to do.
Bok ram I only read your first line then decided to respond from that point. Stupid people focus on useless things. What has spelling.and grammar do anything with what I do. Remember, writing to you is not an important thing like I'm writing for marks. Let me prove your ignorance once more, I speak and write all South African languages fluently I mean all of them and how many languages do you speak. Learning languages is so good for one's plasticity so of you know one or two it shows how small your brain is. You are not involving properly but just fooling yourself. The same system which has COLONIZED blacks did the same to colorless people and today it is disadvantaging them. Don't respond I don't have time to educate a FOOL and for FREE. My time cost from R1800.00 per hour so you are wasting my time with NOTHINGNESS. Just deal with your melanin deficiency problem.
@@nmagain24 lol.. The wakanga coin... Yeah right... They all fight about it. No unity amoungst rhe tribes.. Everyone wants to be chief and have the most money.. It will never happen...
Yeah, good luck with that. All the leaders in Africa want to be king and stay as ruler for the rest of their life, even Mugabe didn't want to step off the throne when he can barely stay awake. It's adorable you think you can get the leaders of these African countries to join under one ruler and a unified Wakanda. XD
Zimbabwe will prevail in the end. There is a good lesson for all africans to learn from Zimbabwe and that is the fact that they are an independent sovereign state with the right to decide their own destiny.
Im not sure if ure joking or serious, but If u have knowledge and strategies, then please make attempts to approach the right institutions. UA-cam is not an "OFFICIAL" platform.
THE GOVERNMENT MUST ENTER INTO A LOAN CONTRACT WITH THE BANKS.SET A DESIRED NORMINAL G D P GROWTH RATE.them calculate what bank credit growth would be nee for G D P TRANSACTIONS.THEM SUPPRESS BANK CREDIT FOR FINANCIAL SPECULZTION OR UNSUSTAINABLE LENDING.SO BANK CREDIT FOR PRODUCTIVE PURPOSES G D P TRANSACTIONS WILL BE ENCOUNTERED AND SET IN LINE WITH THE G D P GROWTH TARGET.
Why is Zimbabwe a failure in all the spheres as a country despite having an alleged highly educated people. Their citizens running away from their own legitimate government and poverty is destabilising the whole of Southern Africa.
God bless Zimbabwe. I'm a South African citizen but my love for this great nation goes deep. The great Zimbabwe will rise again, no matter now long it will take but mark my words the great days are still coming aheard
South Africa will soon also enjoy the monetary/economic paradise of confusion, corruption and poverty that Zimbabwe had manufactured for themselves. just a matter of time. never mix populist ideas with economics, Zimbabwe is now in its 20th year year of economic/political crisis.
All this was meant for civil servants since they were demanding their pay in foreign currency. It will never make any sense to ban foreign currency yet when you buy a car outside the country you have to pay in foreign money thts stupidity. That Zim$ can only work in zim when it comes outside you can't go and change it in the bank this is gross negligence gvt😠😠😠😠😠😠😠😡😡😡
Zimbabwe has no currency and its banning currencies. RTGS & Bond are not legal currency or even so-called currency. This was a political move to avoid mass revolt with the back up of the military. The military and trade unions complained that they can not purchase goods and services because they have no access to USD. As an emergency action to avoid civil action. They forced the so-called "Zimbabwean Dollar". What will back up the so-called currency? No industry, How are you going to import good since you don't produce? Many questions than answers. Let's apply for citizenships in other countries. Zim will soon be a ghost country. ZIM IS NOW OPEN FOR ABUSE.
You cant fix the economy by making a new currency... You have big problems you need to fix.. Then foreign money will return... 1 degree shifts is all that works in AFRICA... Change, embed, adapt.. Repeat.. 1 degree
Zim, the basket case of the world, yet we have the ANC and EFF aspiring to Zim ideologies... I wonder where South Africans will run when we look like Zim in a few years? Obviously those denying the reality is not aware how many Zimbabweans are in SA, Nam and other neighboring countries as they flee poverty.
Americans weaponizing the dollar is the main reason why Zimbabwe is suffering. It is for these reasons that both china and russia are ditching the dollar. Zimbabwe is unlucky because it is a small country
@@janeulo4388 Jan, what a load of crap son! Did you not see the pictures and videos of white people being hunted down like wild dogs in Zim? If you want to be liberal and not acknowledge that they staged war against the white man in their country, then at least realize that they staged war against all the commercial farmers in their country. Agriculture is a pillar for any young growing economy. Ignore this and it will come tumbling down. Even if the Dollar was weaponized, one have to accept that the micro economy within Zim is not 100% bound to any other economy. If i plant wheat, mill it and make bread, the farm worker, the service provider to the farmer or any one else in the value chain can buy a bread. The same goes with having a few cow, making milk, cheese and butter... none of these people need the dollar to keep on going, yet the entire industry is flat on it's nose and people don't have food to eat. Issues like these don't need Conspiracy theorists.
I'm not positive about this new Zim currency but i will not resort in to laughing at their economy the leaders have no plan sure the citizens can come with better ideas
I am a forex consultant and I know the Zim dollar is not worth anything. No one in any country will exchange it for you. South Africa is following in Zimbabwe's footsteps. I only hope our country does not end up like this.
Zimbabwe situation is a cautious tale that will repeat itself as the African population grow. The sense of entitlement for being born of a certain skin color will have people demand things for free. Farming is not easy. You need capital, connection, knowledge, and desire to run a successful farm, like knowing the soil type, seasonal planning, market price, connection and global contract. Many of the Africans think they can just come in, plant soil and stuffs will grow. Many of the fertile lands are the way they are after decades of careful planning, with cash reserve in case of bad weather. Many of the commercial farmers require large plot of lands, and they have contract and distribution network globally to produce certain amount each year. When you divide up the lands, many of the new farmers wouldn't have the capital, the skills, and the connection to maintain the old output, let's not even talking about how most of the farmlands go into the hand of the elites like Grace Mugabe who own 16 farms. Many of them will do subsistence farming which will only benefit themselves, and barely produce enough to put on the market, let alone global export. Many of the farmlands are now abandoned, thousands of farmworkers will lose their job, not just the White farmers. Essentially, South Africa is gonna be the second Zimbabwe once the EFF gets in power or if the ANC caves in. Well, at least they can't blame their economic situation on other African foreigners. They're gonna start running to other African countries just like with the Zimbabweans. It's gonna be a sight to see. The very people who they killed for taking their jobs are gonna give them jobs.
I went to school with Josepf and how he is so proud to dismiss attempts by his countrymen to restore stability and prosperity is shocking! He proffers no alternative and offers no solutions. He is clueless and for a presidential candidate it’s a disaster! Critise without responsibility!
It is an interesting aspect of how the money is valued and devalued .you definitely need foreign currency in the country!!! Cause other countries make that currency strong and as long as it circular motion in Zimbabwe it's a wining shot. When you abandoned foreign currency in regards to buy and sell- then the problem rises. How much is it Worth? The government is eluding the people with false statements that it will stabilize the economic. But how? The statistics are wrong and measure are out of context. It's a mistake to introduce such a note. At least for now. My advice for ZIMBABWE IS THIS-. PRODUCE AS MUCH FOOD AS YOU CAN AND TRADE THAT OFF!!!! THEN YOU CAN COMPETE ON FOOD MARKETS!!!!!
Bring people with actual knowledge this guy is saying stuff he hears in the streets ....its an embarrassment to your news network ....Rtgs is not a new currency ....there is going to be a new currency coming not Rtgs and Bond notes .....and we never used wheelbarrow ....shame on eNCA
This is why anything using intelligence goes over your heads. They referred to the fact that zim dollar was so bad that you had to have an entire bucket/wheelbarrow full of zim dollar to buy bread.
Where is un where are you Mr trump you can't see what is happening in Zimbabwe please Mr trump make a plan Saddam Hussein he went osama bin laden he went so you are afraid of Mmunangangwa kanti as a know Zimbabwe is a small village in Africa just visit Mr trump by best in Namibia
It not economist making these disissions, it's people who has no understanding of what it takes to stabilize a country's be economy. Exchanging bullion for useless paper, what about oil and pipeline to refinery stabilize your 💰 money, these should be national priorities, If there is no one with, hire someone, oh I forgot, you won't listen.
This is not a new deal Malawi,Tanzania, Zambia, Mozambique, and more african countries currencies don't work in other countries why do you want to force the government to have a currency that works outside it's not possible
This sanctions Zimbabweans talks about are not attached to Zimbabwe as a country but Zimbabweans individuals inside that useless ZANU pf.. A leader who has been sanctioned will never travel the world and negotiate business. So Zimbabweans must remove that government through the vote
That the best way to go. No country economical wise can be stable economically without its own form of currency. How do you measure the GDP of your economy if you don't have currency in the global market.
With the matter of Zİmbabwe, most of us have understood the evil behind Money. Paper money is a weapon belonging to a white man and its evil. Long live Zimbabwe! Long live the comrade Mugabe.
Very ignorant remark from this eNCA Representative to say 'Zimbabweans carried money in a bucket to buy Bread.' - Just because you saw a 'Meme' on Facebook using humor & parody does not translate to it happening in real life. #shakingmyhead
@@ByGraceThroughFaith4991 This is National Television journalism. You unfortunately can't afford to not say 'figuratively' when you are talking about something 'figurative'. We bank on everything you tell us when you are sitting on that seat. This was irresponsible.
Zimbabwe situation is a cautious tale that will repeat itself as the African population grow. The sense of entitlement for being born of a certain skin color will have people demand things for free. Farming is not easy. You need capital, connection, knowledge, and desire to run a successful farm, like knowing the soil type, seasonal planning, market price, connection and global contract. Many of the Africans think they can just come in, plant soil and stuffs will grow. Many of the fertile lands are the way they are after decades of careful planning, with cash reserve in case of bad weather. Many of the commercial farmers require large plot of lands, and they have contract and distribution network globally to produce certain amount each year. When you divide up the lands, many of the new farmers wouldn't have the capital, the skills, and the connection to maintain the old output, let's not even talking about how most of the farmlands go into the hand of the elites like Grace Mugabe who own 16 farms. Many of them will do subsistence farming which will only benefit themselves, and barely produce enough to put on the market, let alone global export. Many of the farmlands are now abandoned, thousands of farmworkers will lose their job, not just the White farmers. Essentially, South Africa is gonna be the second Zimbabwe once the EFF gets in power or if the ANC caves in. Well, at least they can't blame their economic situation on other African foreigners. They're gonna start running to other African countries just like with the Zimbabweans. It's gonna be a sight to see. The very people who they killed for taking their jobs are gonna give them jobs.
oh please malema situation and zim situation is diff the main diff is malema fights corruption and fights for the black people his own people whereas in Zim the government works against its own people,majority of south africans blacks live in shacks mukuku work as petrol shop attendants security maids for businesses owned by the minority white people who cant make half of the population but live in luxury,if you enjoy being a slave of the white master no one will judge you just leave Zim alone
I will accept it here in South Africa and use it when I'm in Zimbabwe. That is a true Black market. Let this be a currency that all African people accept event if our poppets governments reject it. We as the people should use it and it will gain it's value. Money is simply just a way of trading.
Don't spread lies folks, things were really hard in Zim back in 2008 but never did I see or hear of folks carrying money in buckets or wheelbarrows to go buy bread... Smh
There are many smart leaders in our time. It's a complete waist of time to talk about Ian Smith a man who only had the interests of white people at heart. It's this kind of thinking that keeps the nation backward.
Zimbabwe you show the world how black people prospers....WE HAVE OUR OWN BANK ...WE NEED JACK SHIT ,,...the world will be begging for our money in the near future .... as Julius membrane from EFF
Go and learn economics, you cant just create a currency out of thin air, driven by fantasy that you going to be rich, this currency is purely based on speculation, what value this currency has if i may ask?
Prosper? Really? Not for the people living in shacks with no power. But if you are connected to ZANU PF you're doing well. Because that's how Communist countries work.
Personally i think its a good move it was those with foreign currency that were now surviving where in the world do you find people using a currency that is not theirs? dEALERS ARE CRYING and they have lost big time it was a good ambush
Curious, what do you think Zimbabwean dollar is backed by? It's the law of supply and demand. What would hold Zimbabwean currency in the global market? Especially for a country that can't even feed itself and have to rely on billions of dollars each year from the U.S. to feed its citizens? If you want to create an official currency, you need to have a stable economy first, banning all foreign currency wouldn't give more values to the local currency. Inflation is a thing because the lack of backing and no one wants the Zimbabwean dollars in the world market, let alone the local population. You need to have a demand for your currency just like any other trade goods.
Hmm your analysis is flawed certainly things are different from 2008. Total RTGS balances are 1.5B certainly no billionaires at this moment no billion dollar prices but high prices but not much money available for the common man as salaries have not been increased. I can see Retailers reducing prices due to fall in demand.
But the new currency is coming when ts ripe, when it becomes a success where will you be. Those are just your wishes. Yes it not yet tradable because ts not yet a currency. Zimbabweans are not fools. That's just negative publicity about you own country you taking to the media for some political interests you fool.
No electricity no running water, how sorry I feel you, breaks my heart, arguably the most beautiful country in the world with the best people.
So go and plead your breaking heart to the white countries, who have had Zim under sanctions for removing white rule.
No one used a wheelbarrow to buy a bread..bread did cost a million at some point but there ws a million zim note already
Exactly... And a trillion dollar note... And a hundred trillion dollar note. Ppl love sensationalizing shit. Chick should do more research instead of renting eyelashes
You guys have nothing on us Zimbabwens
I personally was a trillionare at the age of 11
Bill Gates has nothing on me
He a Lil boy 😆😆😆
I was a multi trillionare
The only problem was that bread costed 8 quintillion at that time
😐😐😐
Now I'm broke
You are crazy 🤣🤣🤣
Definitely the best humour I have heard this month of June.🤣🤣🤣🤣🤣🤣🤣👏👏👏
Everything is gonna be alright guys let's pray for our country
Your mocking yourself! He already purchased Zim by the truck loads! Lol!!
A few years ago I bought a 10 trillion dollar note on ebay for £10 :D
Zimbabweans must understand the universal principles. What they must understand is that this is a results of what they did for their country. They are too negative about their own.country. They must rebuild their country without being negative. I think it's good to hear that they have banned all other currencies. In South Africa we already had lots of problems about money crossing the boarders without being counted for. Zimbabwe must rebuild Zimbabwe and the problem is that the Zimbabweans especially those who fraudulently have South African ID are too negative about their own mess. We reap our sowing. I told our President that home affairs officials must be vetted and investigated and if one is found to have done fraud then all the IDs issued by that person going 10 years+ must be revoked so that people must reapply to see all the corruption. South African has a plan to fix it's mess and Zimbabwe must do the same without being parasites. We are saying this as Scientists not politicians and we have broader knowledge about how things work in the Universe. When Zimbabwe comes up with something new, already the Zimbabweans are so negative about it with their minds scanning what might go wrong. This is the problem. A country won't be fixed by negative minds and also people must be proud about their own country and they must have a positive mindsets to rebuild the country they have torn apart consciously. Zimbabwe is not the first country which has experienced a decline. All powerful nations went through the same and someone might say not like Zimbabwe. Yes, it's because Zimbabwe is an extremely negative country. People must build everything n positivity then it will be ok.
Bok ram
I'm a Scientist so I just don't have time for stupid and negative people. Tell me, here, what is your net worth compared to the President? He is BILLIONAIRE and BILLIONAIRES whether a black or white one understand the principles. That's why they are successful. Small minds like you are the biggest problems in our planets because of neurological disorder and myopia of the mind. Please save your ignorance I am running my own Independent Scientific Research and Mental Development Center, so I have a lot of work to do.
Bok ram
I only read your first line then decided to respond from that point. Stupid people focus on useless things. What has spelling.and grammar do anything with what I do. Remember, writing to you is not an important thing like I'm writing for marks. Let me prove your ignorance once more, I speak and write all South African languages fluently I mean all of them and how many languages do you speak. Learning languages is so good for one's plasticity so of you know one or two it shows how small your brain is. You are not involving properly but just fooling yourself. The same system which has COLONIZED blacks did the same to colorless people and today it is disadvantaging them. Don't respond I don't have time to educate a FOOL and for FREE. My time cost from R1800.00 per hour so you are wasting my time with NOTHINGNESS. Just deal with your melanin deficiency problem.
The Gold standard was the best, this fait money system is disastrous.How does a country just decide to print money that's not backed by any assets.
I just dont understand why, AFRICA AS A WHOLE doesnt just created its own currency, and BACK IT BY ITS NATURAL RESOURCES
@@nmagain24 lol.. The wakanga coin... Yeah right... They all fight about it. No unity amoungst rhe tribes.. Everyone wants to be chief and have the most money.. It will never happen...
@@dnxsol thats a shame
Yeah, good luck with that. All the leaders in Africa want to be king and stay as ruler for the rest of their life, even Mugabe didn't want to step off the throne when he can barely stay awake. It's adorable you think you can get the leaders of these African countries to join under one ruler and a unified Wakanda. XD
It's not even backed by Trust, bcz currency is a function of trust, bt mu zim ihapana hapana
Zimbabwe will prevail in the end. There is a good lesson for all africans to learn from Zimbabwe and that is the fact that they are an independent sovereign state with the right to decide their own destiny.
This is my OFFICIAL plea to be invited to advise Zimbabwe on monetary policy and economic growth. Zimbabwe, you need me!
Im not sure if ure joking or serious, but If u have knowledge and strategies, then please make attempts to approach the right institutions. UA-cam is not an "OFFICIAL" platform.
You just cannot change a leopard's spots sorry
Hector D can I please have your WhatsApp number
THE GOVERNMENT MUST ENTER INTO A LOAN CONTRACT WITH THE BANKS.SET A DESIRED NORMINAL G D P GROWTH RATE.them calculate what bank credit growth would be nee for G D P TRANSACTIONS.THEM SUPPRESS BANK CREDIT FOR FINANCIAL SPECULZTION OR UNSUSTAINABLE LENDING.SO BANK CREDIT FOR PRODUCTIVE PURPOSES G D P TRANSACTIONS WILL BE ENCOUNTERED AND SET IN LINE WITH THE G D P GROWTH TARGET.
Why is Zimbabwe a failure in all the spheres as a country despite having an alleged highly educated people. Their citizens running away from their own legitimate government and poverty is destabilising the whole of Southern Africa.
They are hard working and reliable people . It's the people that rule that's the problem.
The Black Dollar 🌍✊☺️
God bless Zimbabwe. I'm a South African citizen but my love for this great nation goes deep. The great Zimbabwe will rise again, no matter now long it will take but mark my words the great days are still coming aheard
I was in zim 2dayz bak its horrible streetwise 2 kfc R150 really,in toilets no water apart from carrying a bucket to use in toilet
How do they bath😂
This will sure promote corruption to a greater extent
Don't forget ZIMRA offices we must pay duty in Zim bond also for Japanese cars
hahahaha that will never happen kkk that's ED for us.
South Africa will soon also enjoy the monetary/economic paradise of confusion, corruption and poverty that Zimbabwe had manufactured for themselves. just a matter of time. never mix populist ideas with economics, Zimbabwe is now in its 20th year year of economic/political crisis.
All this was meant for civil servants since they were demanding their pay in foreign currency. It will never make any sense to ban foreign currency yet when you buy a car outside the country you have to pay in foreign money thts stupidity. That Zim$ can only work in zim when it comes outside you can't go and change it in the bank this is gross negligence gvt😠😠😠😠😠😠😠😡😡😡
Well im glad they are making attempts and taking steps. Better than doing nothing.
Zimbabwe has no currency and its banning currencies. RTGS & Bond are not legal currency or even so-called currency. This was a political move to avoid mass revolt with the back up of the military. The military and trade unions complained that they can not purchase goods and services because they have no access to USD. As an emergency action to avoid civil action. They forced the so-called "Zimbabwean Dollar". What will back up the so-called currency? No industry, How are you going to import good since you don't produce? Many questions than answers. Let's apply for citizenships in other countries. Zim will soon be a ghost country. ZIM IS NOW OPEN FOR ABUSE.
you just don't have a solution
Not legal to who?
The sooner you can leave the better, change will never come. They will always rig the elections.
@@shawnleroux797 a brainless suggestion.
You cant fix the economy by making a new currency... You have big problems you need to fix.. Then foreign money will return... 1 degree shifts is all that works in AFRICA... Change, embed, adapt.. Repeat.. 1 degree
Zim, the basket case of the world, yet we have the ANC and EFF aspiring to Zim ideologies... I wonder where South Africans will run when we look like Zim in a few years? Obviously those denying the reality is not aware how many Zimbabweans are in SA, Nam and other neighboring countries as they flee poverty.
Americans weaponizing the dollar is the main reason why Zimbabwe is suffering. It is for these reasons that both china and russia are ditching the dollar. Zimbabwe is unlucky because it is a small country
@@janeulo4388 Jan, what a load of crap son! Did you not see the pictures and videos of white people being hunted down like wild dogs in Zim? If you want to be liberal and not acknowledge that they staged war against the white man in their country, then at least realize that they staged war against all the commercial farmers in their country. Agriculture is a pillar for any young growing economy. Ignore this and it will come tumbling down. Even if the Dollar was weaponized, one have to accept that the micro economy within Zim is not 100% bound to any other economy. If i plant wheat, mill it and make bread, the farm worker, the service provider to the farmer or any one else in the value chain can buy a bread. The same goes with having a few cow, making milk, cheese and butter... none of these people need the dollar to keep on going, yet the entire industry is flat on it's nose and people don't have food to eat. Issues like these don't need Conspiracy theorists.
Albert 2 years down the line your comment doesn't make any sense, but it's a cheap political statement. 😉
@@mistrosndlovu7953 Child labour in Zim then a lie? Media reporting on People still fleeing the country a lie? ua-cam.com/video/XVMzXPztLb8/v-deo.html
I'm not positive about this new Zim currency but i will not resort in to laughing at their economy the leaders have no plan sure the citizens can come with better ideas
I dont see hope anymore in Zimbabwe. This is the perishing of state.
This gentleman speaking such thing loudly and proudly.
I am a forex consultant and I know the Zim dollar is not worth anything. No one in any country will exchange it for you. South Africa is following in Zimbabwe's footsteps. I only hope our country does not end up like this.
Jeandre Jacobs
With Malema spewing the hate ,that’s what’s going to happen to SA,unless we as citizens we stop this Malema nonsense
Zimbabwe situation is a cautious tale that will repeat itself as the African population grow. The sense of entitlement for being born of a certain skin color will have people demand things for free. Farming is not easy. You need capital, connection, knowledge, and desire to run a successful farm, like knowing the soil type, seasonal planning, market price, connection and global contract. Many of the Africans think they can just come in, plant soil and stuffs will grow. Many of the fertile lands are the way they are after decades of careful planning, with cash reserve in case of bad weather. Many of the commercial farmers require large plot of lands, and they have contract and distribution network globally to produce certain amount each year. When you divide up the lands, many of the new farmers wouldn't have the capital, the skills, and the connection to maintain the old output, let's not even talking about how most of the farmlands go into the hand of the elites like Grace Mugabe who own 16 farms. Many of them will do subsistence farming which will only benefit themselves, and barely produce enough to put on the market, let alone global export. Many of the farmlands are now abandoned, thousands of farmworkers will lose their job, not just the White farmers.
Essentially, South Africa is gonna be the second Zimbabwe once the EFF gets in power or if the ANC caves in. Well, at least they can't blame their economic situation on other African foreigners. They're gonna start running to other African countries just like with the Zimbabweans. It's gonna be a sight to see. The very people who they killed for taking their jobs are gonna give them jobs.
I went to school with Josepf and how he is so proud to dismiss attempts by his countrymen to restore stability and prosperity is shocking! He proffers no alternative and offers no solutions. He is clueless and for a presidential candidate it’s a disaster! Critise without responsibility!
eish are we a case study for economist sad
😂 kuzolunga
It is an interesting aspect of how the money is valued and devalued .you definitely need foreign currency in the country!!! Cause other countries make that currency strong and as long as it circular motion in Zimbabwe it's a wining shot. When you abandoned foreign currency in regards to buy and sell- then the problem rises. How much is it Worth? The government is eluding the people with false statements that it will stabilize the economic. But how? The statistics are wrong and measure are out of context. It's a mistake to introduce such a note. At least for now. My advice for ZIMBABWE IS THIS-. PRODUCE AS MUCH FOOD AS YOU CAN AND TRADE THAT OFF!!!! THEN YOU CAN COMPETE ON FOOD MARKETS!!!!!
Bring people with actual knowledge this guy is saying stuff he hears in the streets ....its an embarrassment to your news network ....Rtgs is not a new currency ....there is going to be a new currency coming not Rtgs and Bond notes .....and we never used wheelbarrow ....shame on eNCA
Where and when in Zimbabwe did you see people going to buy a loaf of bread using wheelbarrows.
Imagine
This is why anything using intelligence goes over your heads. They referred to the fact that zim dollar was so bad that you had to have an entire bucket/wheelbarrow full of zim dollar to buy bread.
Where is un where are you Mr trump you can't see what is happening in Zimbabwe please Mr trump make a plan Saddam Hussein he went osama bin laden he went so you are afraid of Mmunangangwa kanti as a know Zimbabwe is a small village in Africa just visit Mr trump by best in Namibia
@@elizabethiyambo2432 we dont need trump in zimbabwe we only want good governance of our resources
Its just a figure of speech
Who's going to suffer, your wish
It not economist making these disissions, it's people who has no understanding of what it takes to stabilize a country's be economy. Exchanging bullion for useless paper, what about oil and pipeline to refinery stabilize your 💰 money, these should be national priorities, If there is no one with, hire someone, oh I forgot, you won't listen.
This is not a new deal Malawi,Tanzania, Zambia, Mozambique, and more african countries currencies don't work in other countries why do you want to force the government to have a currency that works outside it's not possible
Get rid of ZANU PF and Zimbabwe will have no sanctions
This sanctions Zimbabweans talks about are not attached to Zimbabwe as a country but Zimbabweans individuals inside that useless ZANU pf.. A leader who has been sanctioned will never travel the world and negotiate business. So Zimbabweans must remove that government through the vote
VENEZUELA THEN BACK IT WITH GOLD
Only gold and silver will be acceptable
All African countries must follow suit! We have been in bed with the foreign beast far too long. It's time to pull out!
:) I love zimbabwe. The government are thugs and remind me of Museveni of Uganda
So true
its like they dont learn
We should be proud of our own current. That's the only way to work out our economy
Rtgs haisi currency mhani
Ediot
@@lizparadza8311 Wow!!!!!! What is money
That the best way to go. No country economical wise can be stable economically without its own form of currency. How do you measure the GDP of your economy if you don't have currency in the global market.
President pachavo vakataura kuti RTGs haisi mari chaiyo.
How can a nation survive without foreign currents????
Currency mate
😂😂😂 ndaseka hangu current uyo ndewemagetsi bro
What a disaster that's terrible
Air Zimbabwe will suffer
With the matter of Zİmbabwe, most of us have understood the evil behind Money.
Paper money is a weapon belonging to a white man and its evil.
Long live Zimbabwe! Long live the comrade Mugabe.
tamama wakomana. better we create a zimbabwe crypto currency.
The black market is going to explode
step by step Zim
Time to prepare for the block party!!! Hahaha!!! 🤑
Honestly guys Zimbabwe is having issues but this guys from outside kind of exaggerate as they make fun of us, we see you.
Very ignorant remark from this eNCA Representative to say 'Zimbabweans carried money in a bucket to buy Bread.' - Just because you saw a 'Meme' on Facebook using humor & parody does not translate to it happening in real life. #shakingmyhead
@@ByGraceThroughFaith4991 This is National Television journalism. You unfortunately can't afford to not say 'figuratively' when you are talking about something 'figurative'. We bank on everything you tell us when you are sitting on that seat. This was irresponsible.
@@HouseOfHostingHeaven Well said.
When did we ever buy money in buckets and wheelbarrows?? 😡😡😡😡 get your facts right before you talk about us...
we never used wheelbarrows... too exaggerated
Hazvina basa izvo the point is things were bad and are going to get worse
Good luck.
The best of command economics
So youre telling me Zim dollar is backed by nothing ?
Yes
Absolutely nothing
Blacks are so clever🤣🤣
We was kangs an sheit
Blacks invented currency and the printing press.
Its a fiat currency it should be backed by trust of felow Zimbos
She dosent know what she’s talking about it’s annoying
Fellow south africans mad ilitarate julias malema and his eff are leading us to a similar situation oh my God we are doomed 😭😭😭😭.
Rendani Ndou
True that we need to stop this Malema nonsense now.
Viva Juliud Malema.Non-sense is.you.
@@thekgi1349 go and leave in zimbabwe then you will see that nationalism is crap it only enriches politicians.
Zimbabwe situation is a cautious tale that will repeat itself as the African population grow. The sense of entitlement for being born of a certain skin color will have people demand things for free. Farming is not easy. You need capital, connection, knowledge, and desire to run a successful farm, like knowing the soil type, seasonal planning, market price, connection and global contract. Many of the Africans think they can just come in, plant soil and stuffs will grow. Many of the fertile lands are the way they are after decades of careful planning, with cash reserve in case of bad weather. Many of the commercial farmers require large plot of lands, and they have contract and distribution network globally to produce certain amount each year. When you divide up the lands, many of the new farmers wouldn't have the capital, the skills, and the connection to maintain the old output, let's not even talking about how most of the farmlands go into the hand of the elites like Grace Mugabe who own 16 farms. Many of them will do subsistence farming which will only benefit themselves, and barely produce enough to put on the market, let alone global export. Many of the farmlands are now abandoned, thousands of farmworkers will lose their job, not just the White farmers.
Essentially, South Africa is gonna be the second Zimbabwe once the EFF gets in power or if the ANC caves in. Well, at least they can't blame their economic situation on other African foreigners. They're gonna start running to other African countries just like with the Zimbabweans. It's gonna be a sight to see. The very people who they killed for taking their jobs are gonna give them jobs.
oh please malema situation and zim situation is diff the main diff is malema fights corruption and fights for the black people his own people whereas in Zim the government works against its own people,majority of south africans blacks live in shacks mukuku work as petrol shop attendants security maids for businesses owned by the minority white people who cant make half of the population but live in luxury,if you enjoy being a slave of the white master no one will judge you just leave Zim alone
Bitcoin
Gonna fail ! Not taxable idiot
I will accept it here in South Africa and use it when I'm in Zimbabwe. That is a true Black market. Let this be a currency that all African people accept event if our poppets governments reject it. We as the people should use it and it will gain it's value. Money is simply just a way of trading.
When you go to use it in Zimbabwe it will be worth less, buy as much as you can Idiot.
@@shawnleroux797 i don't care, i have a lot to share with any African country
Chakatanga ndechakachenjedza
Mamelodi
Gollirra economics how does this work kkkkkkkkk 2008 comes back yooo
The news reel at the bottom of the screen has many many errors....
APL
Don't spread lies folks, things were really hard in Zim back in 2008 but never did I see or hear of folks carrying money in buckets or wheelbarrows to go buy bread... Smh
Here you go. Wheelbarrow.
citizentv.co.ke/news/zimbabwe-businesses-drop-local-currency-us-dollars-250987/
They are gonna be harder this time round.
EVIL elite
Joseph is delusional
Zimbabwe since independence never had a leader who was smart to develop the economy period. The last leader who had future for Zimbabwe was Ian Smith.
There are many smart leaders in our time. It's a complete waist of time to talk about Ian Smith a man who only had the interests of white people at heart. It's this kind of thinking that keeps the nation backward.
It's no yet a currency Mr Man ts just a transitional bearer of exchange, new currency will be on ts way you fool
Thieves
Zimbabwe you show the world how black people prospers....WE HAVE OUR OWN BANK ...WE NEED JACK SHIT ,,...the world will be begging for our money in the near future .... as Julius membrane from EFF
Your money will be worthless
I have to presume that you are not serious. Just taking the Mickey out of them. Right???
Go and learn economics, you cant just create a currency out of thin air, driven by fantasy that you going to be rich, this currency is purely based on speculation, what value this currency has if i may ask?
Prosper? Really?
Not for the people living in shacks with no power.
But if you are connected to ZANU PF you're doing well.
Because that's how Communist countries work.
@@nutsking3204 that's how the communism works.
Kkkkkkkk Kkkkkkkk
Personally i think its a good move it was those with foreign currency that were now surviving where in the world do you find people using a currency that is not theirs? dEALERS ARE CRYING and they have lost big time it was a good ambush
Curious, what do you think Zimbabwean dollar is backed by? It's the law of supply and demand. What would hold Zimbabwean currency in the global market? Especially for a country that can't even feed itself and have to rely on billions of dollars each year from the U.S. to feed its citizens? If you want to create an official currency, you need to have a stable economy first, banning all foreign currency wouldn't give more values to the local currency. Inflation is a thing because the lack of backing and no one wants the Zimbabwean dollars in the world market, let alone the local population. You need to have a demand for your currency just like any other trade goods.
Ediot
and do u think tht shit money u call zim dollar wil wrk.u are dreaming
Good luck.
Fake news...
Hmm your analysis is flawed certainly things are different from 2008. Total RTGS balances are 1.5B certainly no billionaires at this moment no billion dollar prices but high prices but not much money available for the common man as salaries have not been increased. I can see Retailers reducing prices due to fall in demand.
Bull shit.
Zimbabwe 🇿🇼 is a lost course, And SA is next. Your news look so pro.
But you all living a dream.
You need a suitcase of notes to buy a life of 🍞.
But the new currency is coming when ts ripe, when it becomes a success where will you be. Those are just your wishes. Yes it not yet tradable because ts not yet a currency. Zimbabweans are not fools. That's just negative publicity about you own country you taking to the media for some political interests you fool.
Good luck.