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*Price Of Bread Increases To $2.50* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?rb The price of bread has increased at some retailers in Zimbabwe to about $2.50 a loaf. The new prices came into effect this weekend. The old bread price was about $1.50 Zimbabweans have expressed shock at the new price. A customer that bought bread today at Innscor’s Bakers Inn in Mutare said they were shocked when they were asked to pay $5 for 2 loaves. ---------- Latest itel S24 available on Pindula: 128GB storage, 4GB RAM $119 USD WhatsApp: +263715068543 Calls: 0772464000 Buy Online: https://www.pindula.co.zw/market/itel-s24-128gb-22-20240426142756795795/?s=wanews ---------- Credit: @OsmondTMupambo Some retailers have however maintained the old price of $1.50. The prices of basic commodities have been going up due to the currency crisis faced by the country. The increase in fuel prices by about 150% on 12 January 2019 worsened the situation as retailers have noted the higher costs of business. The current parallel market of the US dollar to RTGS balances is 1USD : 3.9 RTGS. The government has said that retailers are taking advantage of the situation to profiteer. *Related:* *Government To Provider Loans To Retailers Maintaining Cheap Prices* *There’s No Justification To Increase Prices As A Result Of The Fuel Price Hike- Industry Minister* *Mthuli Ncube Orders All Businesses To Revert To Pre-January 12 Prices, Promises Refund* *Full Text: Revert To 12 January Prices, Mthuli Ncube Tells Businesses* *Fuel Price Hike Painful But Necessary – Economists* _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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