These Are The Best Of Times

Charles Dickens in his book A TALE OF TWO CITIES WRITES ,”it was the best of times ,it was the worst of times..”In the Zimbabwean scenario this seems to be a very apt description.

First Tesla Ever To Be Imported Into Zimbabwe

It definitely seems like the best of times to the people who have access to external funds and possess the coveted US  dollar,they certainly are enjoying the deteriorating economic situation where thye surrogate Bond note has been in free fall against the Us dollar.By all accounts fortunes are being made on the parallel market where huge among are changing hands at the drop of a hat and the money changers are laughing all the way to their house safes. Since they crash of the bond note ,most of those with ready cash have been on spending sprees with reports that imports of vehicles have been on an all-time high. There are reports that one one even had the cash to buy and import a Tesla,which is probably the first of its kind in Zimbabwe.The shopselves have been stripped of all the basic essentials as peo[ple stock up fearful of a further crash of the bond note which will render it useless.In most of thye peoples minds this is a precursor of the crash of  2008,when Zimbabwe suffered from hyper inflection and most shops did not have anything to sell.

For most of the long suffering citizenry ,who suffer from unemployment which hovers in the 80% ,the times are the worst of a very bad situation.No sooner had the country gotten rid of the despot Mugabe and fresh hope wafted through the land than 7 of their fellowmen fell at the hands  of the security forces that were supposed to protect them.Now the crash of the bond note against the US dollar has triggered panic among the people as they watch in horror as cooking oil and sugar disappear overnight from supermarkets and the the bond note becomes almost useless since most of the businesses do not want to accept the note.Prices are pegged against the US dollar which is in very short supply and long winding queues of people waiting for a chance to buy bread or fuel become a permanent feature of the body politic in our beautiful land.For most motorists sleeping in the queue for a chance to buy some fuel is now the norm.The public transporters have also jumped on the band wagon and have hiked the fares.Noone  can really blame them as the prices of fuel have gone up twice in the past week alone.

Fortunately sanity seems to be returning as the government authorities have announced that imports on all the basic commodities which are in short supply have been lifted and companies and individuals with spare cash can import these immediately. Maybe the times will change for the better for both those who have the means as well as those who are not so well off.