Source: Zimbabwe is unstable and ‘nobody can fix it’ – Moneyweb
Inflation is pricing goods out of most peoples’ salaries, while the fuel price has increased three times in the last 10 days.
The economic situation in Zimbabwe continues to worsen, with ordinary folk there struggling to make ends meet. The country has around 80% unemployment and has recently put a halt on foreign currency being used, as it tries to get citizens to use the Zimbabwean dollar. Inflation is racing ahead with basic goods, like cooking oil and sugar, becoming unaffordable for the local population.
Nompu Siziba speaks with Peta Thornycroft, a reporter at the Daily Telegraph about the situation on the ground.
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