Well...

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ZIMDOGGY
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Re: Well...

Post by ZIMDOGGY »

Jemisi wrote:
Wed Nov 08, 2017 7:49 am
should be pretty cheap to get the loans paid off at the rate inflation is going.
I know that watermelons boy above is speaking in jets, but in all seriousness, with inflation starting t I skyrocket again, even temporarily, is this weirdly ZCs get out of jail card?

They owe ten million dollars to metbank, which will soon be only equivalent to ten US dollars?
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Kriterion_BD
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Re: Well...

Post by Kriterion_BD »

ZIMDOGGY wrote:
Thu Nov 09, 2017 12:42 pm


They owe ten million dollars to metbank, which will soon be only equivalent to ten US dollars?
Not how inflation works. If that is the case, $10 will be more than the value of all currency ever printed by Zimbabwe.

If it all you had to do was start transacting in American dollars, no country ever would have issues with inflation. You have to buy those USD somwhere and the inflationary exchange rate will kick in.
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pariah
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Re: Well...

Post by pariah »

CrimsonAvenger wrote:
Tue Nov 07, 2017 2:51 pm
If you want to feel better after that Steven Pricesque article from Firdose, look no further than this piece by Tristan Holme: http://www.cricbuzz.com/cricket-news/98 ... -tightrope

With quotes from Mukhulani and Hasnain.
Feel "better" about what? :?

That they are managing to keep debt levels at us$19m, just like the previous administrations were doing?

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jaybro
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Re: Well...

Post by jaybro »

pariah wrote:
Thu Nov 09, 2017 11:01 pm
CrimsonAvenger wrote:
Tue Nov 07, 2017 2:51 pm
If you want to feel better after that Steven Pricesque article from Firdose, look no further than this piece by Tristan Holme: http://www.cricbuzz.com/cricket-news/98 ... -tightrope

With quotes from Mukhulani and Hasnain.
Feel "better" about what? :?

That they are managing to keep debt levels at us$19m, just like the previous administrations were doing?
Previous administration built the dept by borrowing money off the bank they were also on the board of.
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TapsC
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Re: Well...

Post by TapsC »

jaybro wrote:
Fri Nov 10, 2017 12:50 am
pariah wrote:
Thu Nov 09, 2017 11:01 pm
CrimsonAvenger wrote:
Tue Nov 07, 2017 2:51 pm
If you want to feel better after that Steven Pricesque article from Firdose, look no further than this piece by Tristan Holme: http://www.cricbuzz.com/cricket-news/98 ... -tightrope

With quotes from Mukhulani and Hasnain.
Feel "better" about what? :?

That they are managing to keep debt levels at us$19m, just like the previous administrations were doing?
Previous administration built the dept by borrowing money off the bank they were also on the board of.
Those 2 guys have looted multiple institutions.. crazy how they got away with it..for now I guess

TapsC
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Re: Well...

Post by TapsC »

Now Bvute is part of Potraz which is the regulator for mobile phone service providers. these providers contribute 2% of their revenue to a development fund which is constantly looted.. no surprise he pitched up there. hundreds of millions at stake

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jaybro
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Re: Well...

Post by jaybro »

TapsC wrote:
Fri Nov 10, 2017 1:13 am
Now Bvute is part of Potraz which is the regulator for mobile phone service providers. these providers contribute 2% of their revenue to a development fund which is constantly looted.. no surprise he pitched up there. hundreds of millions at stake
Bvute is a thief plan and simple if there’s a rort around he’s there.

Funny that since ZC have been in financial trouble the last few years we never saw him then once the Pakistan tour was on he suddenly appears out of no where and is holding press conferences talking about the partnership between the two countries.

Haven’t seen or heard of him in cricketing terms since.
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