Defiant and angry, the people of Zimbabwe took to the streets to protest their dismal economy and lack of human rights. With an inflation rate of 1,600%, basic necessities are so expensive that most people are forced to buy them on the black market. Yesterday the central bank of Zimbabwe introduced new currency in an attempt to keep pace with mind boggling inflation; the new $50,000 note is the equivalent of $200 US.
While visiting Namibia, President Robert Mugabe, ornery and obstinate as ever took the time to dis the International Monetary Foundation (IMF). According to the Mail & Guardian Online, Mugabe called dependence on the crisis lender and other donors tantamount to economic slavery, reducing African countries to beggars. True but distressing coming from Mugabe considering the present state of Zimbabwe.