5 Standalone Projects in West Africa in Mali and Ghana
Intial Inferred Resource of 540,00 to 750,000 Ounces of Gold, Kobada, Mali
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African Gold Group > Message
Joe_strummer

Re: Mugabe loss is good for African Mining

Posted by: Insurgentleman on April 04, 2008 10:03AM

In response to: Mugabe loss is good for Afr... by clever1

 Zimbabwe gets $50 million bank note

HARARE, Zimbabwe - How much does it cost for a loaf of bread in Zimbabwe?

but the rampant inflation continues:

With inflation raging at more than 100,000 percent, a loaf costs 50 million Zimbabwe dollars.

Now, Zimbabweans will need only one bill to pay for it. Authorities on Friday introduced a new 50 million bank note, state media reported.

The new Zimbabwe dollar note is worth $1 at the widely used black market trading and can buy just three loaves of bread.

It was the third time in three months that the nation's central bank issued a higher denomination note in response to record inflation.

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