Men and women are affected differently by the debt issue. With the nation saddled with a debt of over $18 billion, effectively every man, woman and child in Zimbabwe owes a minimum of $1,285-00 in order to settle this debt. While the debt burden is evenly spread across gender, the income disparities and attendant social and economic responsibilities disproportionately affect men’s and women’s capacities to shoulder the debt burden. The Progress of Nations Report (2000) published by the United Nations Children’s Fund (UNICEF) states that the day will come when nations will be judged not by their military or economic strength, nor by the splendour of their capital cities and public buildings, but by the well-being of their peoples, i.e. by their levels of health, nutrition and education;
THE Zimbabwe Coalition on Debt and Development (Zimcodd) says the United States dollar will remain the base currency for trading purposes in Zimbabwe because businesses prefer trading in a stable currency. In his monetary policy statement on Wednesday, central bank governor John Mangudya effectively brought back the local currency after denoting the existing electronic balances, bond notes and coins in circulation as real time gross settlement (RTGS) dollars, making them official legal tender alongside a basket of other currencies. “As the country denominates all bond notes and coins, mobile money and RTGS balances to RTGS dollars, the country’s currency crisis remains unresolved. What this implies is that people and entities will have to return all the different balances they hold
Illegal sand mining continues in Limpopo. When there is no rain the sand becomes scarce and expensive. When it rains big commercial trucks come to destroy river banks harvesting sand, corroding rivers and disturbing the ecosystem balance. In most cases sand poachers bribe locals to get access to this community resource without permission from the local chief.