Zimbabwe power tariff hike sparks fears of more price increases
01 March 2020 - 16:13
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...
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