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Zimbabwe feels pinch of price surges

 After an improved rainy season and prices for minerals such as gold firming up, Zimbabwean consumer firms are well placed for stronger consumer spending.

THE poor are feeling the heat in the wake of the double whammy of the government’s new taxes and the slumping Zim dollar on the parallel market, which have caused fresh hikes in the prices of basic goods. Among the goods which have responded to the higher taxes and the weakening local currency are meat…

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