Zimbabwe: RBZ Allays Basics Shortage Fears

20 November 2018

The supply of basic goods is expected to increase towards the festive season, spurred by Government intervention through the indefinite suspension of Statutory Instrument (SI) 122 of 2017, and the provision of foreign currency by the Reserve Bank of Zimbabwe (RBZ) to producers of key products like cooking oil and bread.

Further, the jump in prices which resulted in year-on-year inflation rising to 20,85 percent for the month of October, from 5,39 percent in September, will not continue as the availability of goods increases.

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