As if they didn’t have enough to worry about in Africa when it comes to buying food – the AP reporting today on the latest round of protests after the price of wheat, rice, and maize soared 87 percent, 30 precent, and 25 percent, respectively, in the last three months – in Zimbabwe, according to this BBC report, an ATM has been spitting out the old currency.
An ATM in Zimbabwe’s capital Harare has been issuing the old national currency, sparking rumours that the defunct bills are back in circulation.
For the last two years, Zimbabwe has used US dollars and South African rand after its world record inflation rates rendered its dollars worthless.
The BBC’s Brian Hungwe in Harare says most Zimbabweans have no wish to see the return of million-dollar notes.
The bank manager said the notes had been left inside the ATM by mistake.
Our reporter says a woman approached an Interfin Bank ATM in central Harare on Tuesday to withdraw $110 (£67). But to the her horror, it spat out wads of old worthless Zimbabwean dollar notes.
They note that hyper inflation in Zimbabwe reached a peak annual rate of 13.2 billion percent two years ago, just before they abandoned it, leading to the obvious question, “What’s Reserve Bank of Zimbabwe President Gideon Gono doing with himself these days?” According to Wikipedia, he’s still in charge at the central bank, but, without a national currency, you’d think there is much less for him to do.
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