Empty shelves, rationed bread ring alarm bells in Zimbabwe - News Summed Up

Empty shelves, rationed bread ring alarm bells in Zimbabwe


A picture shows empty shelves, including those for bread, in a groceries store in Harare, as Zimbabwe is experiencing renewed shortages. President Emmerson Mnangagwa took over from veteran autocrat Robert Mugabe last year and won disputed elections in July. Many Zimbabweans rely on electronic payments as US dollars, which function as the main currency, are scarce, and the local "bond note" currency is little trusted. We have to import these and we need foreign currency," Luckymore Bhunu, secretary for the Retail Pharmacists Association, told AFP. "As a result of lack of confidence, we see panic buying of commodities including fuel," Prosper Chitambara, of the Labour and Economic Development Research Institute of Zimbabwe, told AFP.


Source: News 24 October 10, 2018 17:30 UTC



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