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New wave of price increases as Zim dollar slump, blackouts bite

Citizens are gasping for breath as prices soar

BY BRIGHTON MURONZEREYI AND BRANDON JOSPHAT BOTH consumers and business say authorities need to act urgently on the resurgent foreign currency parallel market and the country’s continuing power cuts — which have contributed to a new wave of price increases of basic goods. This comes as the Zimbabwe dollar continues to plunge against the much-coveted…

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