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Tuesday, 02 December 2008

Zimbaweans storm banks seeking cash

29/09/2008 9:47:00 PM.  | AP
Tens of thousands of Zimbabweans are lining up to get money after the government raised the limit on daily bank withdrawals.

New rules went into effect today allowing withdrawals of up to 20,000 Zimbabwe dollars, the equivalent of about $US35 ($A42). The old 1,000 Zimbabwean-dollar limit was barely enough to buy a newspaper.

The limits, and spiralling inflation, meant long lines at banks most days. But today was extraordinary. Traffic could not negotiate some Harare streets.

President Robert Mugabe was to return from a ten-day trip to the United Nations later in the day.

A power sharing deal signed by Mugabe and the opposition Movement for Democratic Change has stalled during Mugabe's absence.

COMMENTS

Tuesday, 30 September 2008

I the country of Zimbabwe were to fall off into space, I couldn't care less. The whole continent could follow them for all I care. The black nations have proven to the world they are not capable of ruling themselves. Civilization-wise, they are behind the rest of the world by at least 1000 years. They may be the cradle of mankind. But, certainly not civilization.

Posted by: Pithy Opiner, Stockton, California

 
 

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