Browsing: Essential commodities

  • Zimbabwe currency issues are at the heart of more significant problems
  • The unstable currency has hurt confidence in the economy with essential commodities going up by 20%
  • The past 20 years have seen Zimbabwe grappling with an unstable currency which has hurt confidence in the economy

Weakened economy

The Zimbabwe economy is going through turbulent waters, seeing consumers feeling the squeeze.

Currency issues are at the heart of more significant problems, seeing essential commodities go up by 20%. Staples such as bread, cooking oil, and sugar, which the general public depend upon have become expensive. This has led to consumer watch groups debating if the Zimbabwean currency ZWL is still fit for purpose.

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The past 20 years have seen Zimbabwe grappling with an unstable currency which has hurt confidence in the economy. 2008 witnessed the height of the currency problems with triple-digit inflation, …