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Do you suppose he is on inverse performance-related pay?

Robert Gabriel Mugabe clearly thinks he merits a fair scratch, income-wise, as he is giving himself quite the pay hike. He was budgeted to scrape by on Z$62,305,000.00 this year (about £124,000 at the official exchange rate) but this his been lifted to Z$1,462,305,000 (£2,898,182.13). Or somewhere in the region of a 2347% increase. More here, and a currency converter here. The reckoning is that the market exchange rate is around Z$400000 to the pound, so the scoundrel has gone from £156 p/a to about £3656.

Zim is currently running an inflation rate of 7600%, and the really cute bit is this:

"Mugabe invoked the Presidential Powers (Temporary Measures), decreeing that "no employer shall increase the remuneration of any employee on account of an increase in a consumer price index; on account of an increase in any official or unofficial rate at which the Zimbabwe dollar may be exchanged for any other currency, increase in a consumer price index and an increase in any official or unofficial rate at which the Zimbabwe dollar may be exchanged for any other currency."

What a nice man.

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Anonymous Letters From A Tory said... 8:23 pm

I wonder if any government is actually going to get involved in this mess, because the country's economy is in freefall and everyone is just sitting around hoping someone else will step in and save the day.

I guess no-one wants to be seen helping Mugabe.  



Blogger CityUnslicker said... 9:21 pm

I think the sadder story is how many are prepared to stand by and watch Mugabe.

it is odd how the world will always allow disasters in Africa that it would stand in no other continent.  



Anonymous verity said... 3:09 pm

CU writes: "it is odd how the world will always allow disasters in Africa that it would stand in no other continent."

Perhaps because people in other continents help themselves? I am sick to death of Africa thinking they are the responsibility of the rest of the world. Why doesn't someone shoot Mugabe and his big fat Paris-shopping wife through the forehead? Or organise a coup or something? Other countries do it. The Eastern Europeans brought down the USSR for God's sake, a somewhat more hazardous and arduous proposition than bringing down one more African dictator.

Surely by now there is a handy step-by-step manual for killing off African dictators?  



Anonymous c. rhodes said... 4:28 pm

Possibly they surround themselves with bodyguards?

It's surprising South Efrika isn't more worried. Seems 2-3 million Zimbos are now in die Republiek, which doesn't exactly have a labour shortage.

P.S. Rhodies never die!  



Anonymous verity said... 5:08 pm

Yes, thanks, Rhodes, I have noticed the goons accompanying Mugabe and his big fat wife - a kind of a black Cherie Blair shopaholic - but a sniper on a building or at a window could get him. Snipers are good.  



Blogger Ed said... 8:36 pm

I half agree with you Verity - there's no reason for the rest of the world to step in every time. In fact the reason that so much of Africa is stuffed is because the West always does step in with aid or food or whatever.

It is the people within Mugabe's inner circle who need to get rid of him. Because he has shafted the opposition parties very successfully and no doubt has very heavy security surrounding him at every turn.  



Anonymous nomad said... 6:07 am

Well, that should keep him in mealie-meal until at least next Thursday week. When I was in Zim around 20 years ago the rate of exchange was 3 to 1. I could have bought up half the country with Z$400,000 in thse days!

On a point of confusion, I thought Mugabe and entourage (which must include his immediate family) were prevented from travelling to Europe under some sanction or other. If that is so, how can Mrs M go shopping in Paris?

Just got back from a few days away and have been catching up on the fun I have missed, from Elvis to Verity's tarantula. I told her to sell that cat and buy an anaconda - that would have sorted it our pdq!  



Anonymous C. Rhodes said... 3:50 pm

If snipers were good, US Presidents would last about a week apiece.  



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