As inflation reaches 132% and the Zimbabwe dollar continues to plunge, consumers are taking the hit.
Baker’s Inn is a popular fast-food outlet near the Joina City shopping mall in central Harare. For the most part, its drawcard has been its $1 Russian and chips combo. But it’s not just that: the eatery has also offered a means for Zimbabweans to send sought-after US dollars to other parts of the country.
That has been thanks to InnBucks, the mobile money platform run by Baker’s Inn owner and Zimbabwe Stock Exchange-listed Simbisa Brands. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Currency woes batter Zimbabwe againAs inflation reaches 132% and the Zimbabwe dollar continues to plunge, consumers are taking the hit.
Read more »
Zimbabwe: The Deadly Quest By Zimbabwe's Poorest for a Few Grams of Golden HopeThe clinking sound of metal tools hacking against rocks along the dry riverbed shatters the serenity of the pristine Bhuka mountains of Masvingo, Zimbabwe. A small group of women and children dressed in shabby brown clothes busily dig in the rich soil, using the most rudimentary utensils to look for gold-bearing stones and nuggets.
Read more »
Zimbabwe: Building Houses While Knocking Down Gender Barriers in ZimbabweAnalysis - The pandemic has accelerated generational shifts as more women join the once male-dominated construction industry.
Read more »
Zimbabwe: Book On Zimbabwe Strongman Robert Mugabe's Legacy Has Many FlawsAnalysis - Development studies professor David Moore's new book, Mugabe's Legacy: Coups, Conspiracies and the Conceits of Power in Zimbabwe, attempts to understand the legacy of Robert Mugabe, who led Zimbabwe from 1980 to 2017, when he lost power in a military coup.
Read more »
Association will continue to fight discontinuation of Zimbabwe Special Permit - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The Zimbabwe Permit Holders Association says it has not withdrawn its court challenge against the government’s decision to discontinue the Zimbabwe Special Permit.
Read more »
Is André de Ruyter to blame for Eskom's blackout woes? | CitypressThere was much hope of a light at the end of the load shedding tunnel when André de Ruyter was appointed CEO of Eskom two years ago.
Read more »