Zimbabwe: Bread Flour Price to Go Up By 34 Percent

The price of flour is this week likely to go up by over 30% following the skyrocketing foreign currency auction-rate which is now chasing the parallel market, NewZimbabwe.com can exclusively report.

The government, through the central bank, recently introduced a weekly foreign currency auction system in which companies bid for the exchange rate.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.