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IN response to Retailers dump Zimdollar, GEORGE CHINYANDE says: Retailers dumping their own currency? That is where the problem starts. Why is the government allowing this to happen under its watch. This does not make sense. Retailers should be compelled to use the local currency for local transactions. When citizens shun their own currency, there is no foreign currency market management to talk about. A domestic foreign market is a situation where those who seek to import goods and services and those with stocks of foreign currencies need to interact to determine an equilibrium value of traded currencies. This certainly does not exist in Zimbabwe because foreign exchange rates are not determined by forces of demand and supply to import goods and services, but by total rejection of own currency as medium of exchange locally. Is this so difficult for Reserve Bank of Zimbabwe governor John Mangudya to see? We are on our own.
IGWE M JANHI says: History continues to repeat itself. This is what happened in 2008, but it seems our rulers don’t learn. In 2008, the market rejected the Zimdollar after it lost value. One of the uses of money is to store wealth and value and as soon as it does not perform that function, people are bound to reject it. This is simple. These developments signal the end of an era — the end of the road for the Zimdollar.
ANTONY STERNY says: Why dump the strongest currency in southern Africa? Some of these retailers are unpatriotic.
IN response to ‘Account for US$1m Warriors Afcon purse’, TWOBOY says: This is what is so disgusting and heartbreaking about our leaders. Looting with impunity; when will we end these shenanigans?
IN response to Come back home, but we have no jobs: Mangwana, MAI RURU says: That is mature politics for once. For a start, I suggest that government should assist Elvis Nyathi's family to relocate back home and give them land to start all over again. True, a lot of diasporans want to come back, but economic uncertainties are just too much for them to make the plunge.
ZIMBABWE YATSVA says: The problem with this government is that it does not value the contribution of the diaspora in economic development. As soon as this is realised, Zimbabwe can be a better place.