Zimbabwe: inflation exceeds 10,000%

“The Zimbabwe opposition Movement for Democratic Change’s economics spokesperson, Eddie Cross, says that judging from his own bakery business in Bulawayo the country’s inflation rate now exceeds 10 000%.
In his regular newsletter on Wednesday, he said that he was told by a supplier that flour for his bakery would now cost Z$250 000 for a 50kg bag, which cost Z$30 000 just recently,” via Sharon Dzimba.

Start the conversation

Authors, please log in »

Guidelines

  • All comments are reviewed by a moderator. Do not submit your comment more than once or it may be identified as spam.
  • Please treat others with respect. Comments containing hate speech, obscenity, and personal attacks will not be approved.