Prices are rising on a weekly basis in Zimbabwean supermarkets as the country’s dollar loses value against the US dollar in what many are seeing as a terrible throwback to the economic crisis of 2008.
GWERU, ZIMBABWE – The cost of living is biting too in Zimbabwe where fuel costs at least $1.77 cents a litre or – the equivalent of about R30.
Prices are rising every week in supermarkets as the Zimbabwe dollar loses value against the US dollar in what many here are seeing as a terrible throwback to the economic crisis of 2008.
In the central city of Gweru this week, one fuel station was selling petrol for $1.83 cents a litre.
Fuel price hikes are just one of several factors adding to inflationary misery in Zimbabwe.
Bread now retails at around $690 Zimbabwe dollars a loaf – compare that to a teacher’s monthly salary – before allowances of just 20,000 dollars a month.
Nurses and others talk openly about trying to leave Zimbabwe to seek better-paid care work in the UK.
Public servants have already given notice they intend to strike in two weeks’ time for better salaries – a familiar story around the globe these days – but one that for Zimbabweans brings back memories of previous economic hardships around elections in 2008.
Source: EWN
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