However, Zimbabwe's economic woes extend beyond the immediate effects of the drought and potential power shortages

RBZ governor John Mushayavanhu defended the move, stating that re-establishing the LMC was a key step in enabling authorities to implement

So, the price also in USD has doubled in the shops, because shops are forced to use the official rate. Again, USD inflation is increasing at a faster rate.”

The pig industry, which relies heavily on grains for feed, has been hit hard.

The country’s sound money rating, on a scale of 1 to 10, was barely above 1 between 2000 to 2021.

Public hospitals have battled serious drug shortages, triggering an eruption of corruption, along with a dangerous black market.

This translated to about ZiG6,1 billion budget deficit.

Daily power cuts, eroding wages, shrinking disposable incomes due to inflation, rising prices, and unemployment continue to affect consumers.