https://www.news24.com/Africa/Zimbabwe/in-zimbabwes-crisis-we-cannot-talk-of-christmas-anymore-20181210
Dressed as Father Christmas, a man dozes off while sitting in a supermarket in Zimbabwe’s capital, Harare. No one seems to care.
The holiday mood is not catching on in a country where a currency crisis has forced people to risk jail time to buy basics such as medicine and food. Many Zimbabweans navigate from one currency to another, often tapping the black market, while the government issues salaries in forms of payment it later refuses to accept.
The frustration has sparked a new round of anti-government sentiment in a country that once saw July’s presidential election, the first without longtime leader Robert Mugabe, as a chance to start over. New President Emmerson Mnangagwa declared the country “open for business.” But citizens are now asking: How?
This is Zimbabwe’s most severe economic meltdown since a decade ago, when the local currency was abandoned due to hyperinflation that reached more than 1 billion percent. Since then, daily transactions have been dominated by the US dollar.
But a dollar shortage has pushed most people to use a government-issued surrogate currency called bond notes, as well as mobile money, which are funds electronically deposited into bank accounts. Both are devaluing quickly against the dollar on the black market.
‘The black market is my only option’