Zimbabwe accuses social media of spreading rumours, panic buying - News Summed Up

Zimbabwe accuses social media of spreading rumours, panic buying


Zimbabwe’s President Robert Mugabe (Source: REUTERS/File) Zimbabwe’s President Robert Mugabe (Source: REUTERS/File)Zimbabwe’s government said on Wednesday it would crack down on social media users it accused of spreading false rumours of shortages and causing panic buying of fuel and other goods. Ministers put the blame on the country’s small but vibrant social media scene and said the cabinet had decided to take unspecified measures. In fact, it was like a bombshell because there were no shortages in the market,” Finance Minister Patrick Chinamasa said. “The cause basically was social media. Businesses say they are buying foreign currency on the black market at a premium, raising fears of a return to hyperinflation.


Source: Indian Express September 27, 2017 18:56 UTC



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