Bread Price Goes Up!
Zimbabweans were this morning caught by a huge surprise with the price of bread hiked to RTGS$15.75 from $9.50.
Though the new bread price is slightly above US$1.00 at the interbank market rate, in real terms it is staggering considering that less than a year ago a loaf of bread was priced at less than RTGS$0.90.
The new price officially declares bread as a luxury in the country as the salaries of the majority of workers does not come close to matching the new price.
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Genius Kadungure aka Ginimbi was a popular Zimbabwean socialite and businessman.
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