Local News

Cost of living skyrockets

NewsDay Staff ·

Cost of living skyrockets

ZIMBABWE has witnessed a constant increase in the cost of living since December, driving more citizens into abject poverty as the economy sinks with no solution in sight.

Authorities last year introduced the Zimbabwe Gold (ZiG) currency in a bid to stabilise prices and runaway inflation.

The measures have done little to stop the economy from tanking with some shops closing citing an unfavourable economic environment.

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