‘Triple spending’: Zimbabweans bear cost of changing to new ZiG currency

Businesses, transport, government services reject old notes despite the unavailability of new bills until end of month., Harare, Zimbabwe – At a shopping centre in Glenview, a busy working-class suburb of Zimbabwe’s capital, Harare, carpenter Arnold Mutiri stopped to buy a 2-litre (half-gallon) Mazoe Raspberry drink. The price tag said US$3.70. With Zimbabwe’s volatile currency and years of economic crisis, most goods are priced in more stable United States dollar amounts with customers receiving their small change in local currency. Mutiri handed the shopkeeper four US$1 bills,2024-04-19 07:50:00,Read More