Categories: Stories

Can South Africa escape what has happened to its northern neighbours? I doubt it

What is currently happening in South Africa- the hate speech, the scorn for “poor, corrupt, badly governed” northern neighbours- reminds me of what happened in Zimbabwe at independence.

We had been brain-washed by the Ian Smith regime to think that nothing good could ever come from an independent African government. So when Zimbabweans who had been in exile, started warning us that the country was heading in the wrong direction, we brushed them off as pessimists. 

We even found a new term for them:“Whenwes”,  because they would almost always kick off their remarks by saying: “When we were in Zambia, when we were in Mozambique, when we were in Tanzania, when we were in England” and so on.

It all sounded justified because Zimbabwe boomed in the first 10 years. The Zimbabwe dollar was stronger than the United States dollar.  No Zimbabwean wanted the South Africa rand because it was worthless. In fact zudha, from the Afrikaans name of South Africa, came to mean any worthless money. Zimbabwe had enough food to last three to seven years.   

Things only started going down after the country introduced the International Monetary Fund-sponsored Economic Structural Adjustment Programme in 1991. It was told to sell its grain reserves and keep cash which was eroded quickly forcing the country to import food. Life became so tough that some Zimbabweans, especially workers, changed the acronym, ESAP, to stand for Even Sadza (the country’s staple) is A Problem.

Things were to become worse after the country took back its land and the country was slapped with United States and European Union sanctions culminating in hyperinflation which the government stopped calculating when it exceeded 500 billion percent.  

United States economist Steve Hanke says it peaked at 89.7 sextillion percent in November 2008. A sextillion has 21 zeros.

In short, Zimbabwe had plunged worse than Zambia, Tanzania and Mozambique, had done.

Zimbabweans flocked out of the country mostly to South Africa, Botswana and the former colonial master, Britain.

The exodus was blamed on the mismanagement of the country by its ruling Zimbabwe African National Union-Patriotic Front which has been in power since independence.

ZANU-PF blamed sanctions for the country’s collapse.

Continued next page

(237 VIEWS)

This post was last modified on %s = human-readable time difference 8:32 am

Page: 1 2 3

Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

View Comments

Recent Posts

ZiG firms against US dollar for 10 days running but people still do not have confidence in the currency

Zimbabwe’s new currency, the Zimbabwe Gold (ZiG), firmed against the United States dollars for 10…

November 16, 2024

Zimbabwe among the top countries with the widest gap between the rich and poor

Zimbabwe is among the top 30 countries in the world with the widest gap between…

November 14, 2024

Can the ZiG sustain its rally against the US dollar?

Zimbabwe’s battered currency, the Zimbabwe Gold, which was under attack until the central bank devalued…

November 10, 2024

Will Mnangagwa go against the trend in the region?

Plans by the ruling Zimbabwe African National Union-Patriotic Front to push President Emmerson Mnangagwa to…

October 22, 2024

The Zimbabwe government and not saboteurs sabotaging ZiG

The Zimbabwe government’s insatiable demand for money to satisfy its own needs, which has exceeded…

October 20, 2024

The Zimbabwe Gold will regain its value if the government does this…

Economist Eddie Cross says the Zimbabwe Gold (ZiG) will regain its value if the government…

October 16, 2024