Tuesday, November 18, 2008

Zimbabwe on a de facto fuel standard?

From the Zimbabwe Situation.

A leading Internet service provider is also demanding a monthly subscription
fee of 600 litres of fuel for corporate clients and 20 litres for

A vehicle auctioneer was the first to introduce the fuel coupons payment
system around June as cash shortages began to worsen.

An eight-year economic crisis has rendered the Zimbabwe dollar virtually
worthless, with most transactions officially or unofficially now taking
place using the more stable United States dollar or South African rand
currencies. (more)

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