On 14 November 1997 there was a national electricity blackout.
On the same day there was an economic event that led to the turmoil of Zimbabwean economy as a result of former president, Mugabe’s measure.
The Zimbabwean Dollar crashed the same day by 71.5% against United States Dollar while Zimbabwe Stock Market lost 46% of its previous day market capitalization. Private Companies lost Z$4 billion in market value, the likes of Delta Corporation.
Dandaro, Zimbabwe, tbt
On 14 November 1997 there was a national electricity blackout.
On the same day there was an economic event that led to the turmoil of Zimbabwean economy as a result of former president, Mugabe’s measure.
The Zimbabwean Dollar crashed the same day by 71.5% against United States Dollar while Zimbabwe Stock Market lost 46% of its previous day market capitalization. Private Companies lost Z$4 billion in market value, the likes of Delta Corporation.
Dandaro, Zimbabwe, tbt
