08-09-19 by Spotlight Zimbabwe

PICTURE: New Bread Prices, Retail Price

 

Bread prices have been on the rise as wheat reserves are empty. The country also has no sufficient foreign currency to refill dry reserves. Zimbabwe has since the turn of the millennium been unable to produce enough grain for consumption which is a departure from the previous scenario where the country used to provide the whole SADC region with agriculture produce. Bread as a result of its scarcity has been found in the parallel market where it is sold at exorbitant prices. Some charge as high as $9 and $10 if it is an electronic payment.

This is happening at a time when workers’ salaries in both the public and private sectors have remained relatively frozen.

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New Zimbabwe/Pindula

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