Concern over spike in inflation

Authorities are also pushing for informal players to formalise their operations, including compelling them to adopt point-of-sale machines for tax purposes and acceptance of the ZiG currency- a move analysts fear could further push inflation higher.

THE sharp increase in Zimbabwe’s inflation for the month of January has rattled businesses and consumers with economic experts predicting more of the same in the months to come driven by a confluence of factors, chief among them, exchange rate pressures.Weighted month-on-month inflation for January 2025 accelerated by 11,6 percent – the fastest in over…

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