Citizens Coalition for Change (CCC) spokesperson Promise Mkwananzi expressed his heartfelt sympathy to citizens of Zimbabwe during this hard time.
The majority of Zimbabweans are living in a hard and harsh economy where almost everyone is a hustler in country’s streets.
Zimbabwe is now in hyperinflation, a situation of extremely rapid and out-of-control inflation, where the prices of goods and services rise uncontrollably, as is happening in Zimbabwe.
Prices shoot up, citizens lose their local currency savings, the local currency loses value, and wages lose value.
Hyperinflation is a serious economic crisis, one which has seen Zimbabwe’s local currency lose over 96% of its value in 12 months.
In a statement seen by newsreportzim.com, Structured currency is a pilferage facility for the ruling elites and their cronies. Printing of fictitious figures to procure US dollars from the black market.
We are totally opposed to this and hereby call for installation of a legitimate government as the foundation to economic stability and eventually growth.
This came after Zimbabwe’s new governor Dr John Mushayavanhu present country’s gold reserves in the Central Bank. Mushayavanhu’s presentation shock the whole country.
