Zimbabwe power tariff hike sparks fears of more price increases

Harare — Zimbabwe’s power utility on Sunday increased its tariffs by 19% in a move likely to ignite another round of price increases of goods and services in an economy that is already grappling with high inflation.

The country has the second-highest inflation in the world after Venezuela and in 2019 suspended releasing official year-on-year inflation figures as the rate of inflation hit 500% at the end of that year...