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Better Chances Of Shoving An Elephant Up A Staircase Than Stabilising The Zim Dollar

Earlier in 2020, I laid a bold claim that one had better chances of shoving an elephant up a staircase than stabilising the Zim dollar By Ngoni Chihombori For those of us plying these streets of Zimbabwe, the month of October has already proven to be nothing short of eventful. This past week, social media has been awash with so much citizen discussion and debate. The spiralling parallel market rates are the current talk of the town. A circulating sales receipt from Bakers Inn, a part of the Innscor Group of Companies triggered a lot of this frenzy. The FMCG conglomerate is a  towering behemoth in the Zimbabwe economy, controlling c.80% of the fast-food market share.

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