WARNING: This is Version 1 of my old archive, so Photos will NOT work and many links will NOT work. But you can find articles by searching on the Titles. There is a lot of information in this archive. Use the SEARCH BAR at the top right. Prior to December 2012; I was a pro-Christian type of Conservative. I was unaware of the mass of Jewish lies in history, especially the lies regarding WW2 and Hitler. So in here you will find pro-Jewish and pro-Israel material. I was definitely WRONG about the Boeremag and Janusz Walus. They were for real.
Original Post Date: 2001-12-19 Time: 17:40:34 Posted By: Jan
ZIMBABWE’S year-on-year inflation jumped to 103,8% in November, almost
six percentage points above the 97,9% recorded in October, the Central
Statistical Office (CSO) said on Friday.
The latest figure means prices in Zimbabwe have more than doubled between
November 2000 and November 2001, and confirmed economists’ fears that
inflation would reach 100% by the end of the year.
Costs for some items rose much faster than the general rate of inflation,
with medicines and school books roughly tripling in price, according to
the CSO report.
The news was a further sign of deterioration in Zimbabwe’s battered
economy, mired in depression for the last two years.
The economic crisis will figure as a major issue in the presidential
elections set for March, when incumbent Robert Mugabe faces a serious
challenge from opposition leader Morgan Tsvangirai.
Skyrocketing costs for basic foodstuffs prompted the government last
month to impose price controls, reducing the price of items such as
bread, sugar, cooking oil and meats by five to 20%.
Harare has since extended price controls to goods such as paraffin,
fertilizer, seed and agricultural chemicals.
The result has been shortages of many of those goods, as producers say
the new prices are below their production costs.
The economic crisis is exacerbated by the sometimes deadly political
violence that has wracked Zimbabwe for almost two years. – AFP