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Zimbabwe cost of living goes through roof

by Staff reporter
03 Apr 2019 at 08:43hrs | Views
Most big supermarkets and other retail shops have hiked the prices of basic consumer goods sharply – exponentially raising the cost of living in the country, amid a worsening shortage of foreign currency on the official market.

This comes as thousands of commuters across the country have also been struggling to get transport to and from their destinations as result of the deepening shortage of diesel.
Meanwhile, the Government has announced a new set of fuel price increases just under four months since the last changes that triggered violent demonstrations.

The Zimbabwe Energy Regulatory Authority (ZERA) on Tuesday announced the new fuel prices which will take effect on 08 April, petrol has been pegged at $3,41 from $3.31 while diesel will now be at $3.27 up from $3.11

President Emmerson Mnangagwa's January announcement of a 150% fuel price increase was met with demonstrations across the country in which some 17 people were killed by the army.

Source - Daily News