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.
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