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*Inflation To Reach 400% By Year-end - Biti* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?mg Former Minister of Finance and Economic Development, Tendai Biti claimed that Zimbabwe’s rate of inflation will be 400 per cent by year-end. Biti’s claim follows rampant prices increases which follow that depreciation in value of the RTGS dollar on the alternative market. ---------- *HOT DEALS:* *itel A70 - (128GB, 3GB RAM) $89,* *itel A70 - (256GB, 4GB RAM) $99* *itel P40 (128GB, 4GB), (6000mAh) $99* *itel P40 (64GB, 4G), (6000mAh) $93* Cash on Delivery in Harare & Bulawayo. Tinotumira kwamuri inosvika. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- Most retailers recently hiked prices of goods leaving the consuming public in dire straits. Writing on social media, Biti said: > The official rate of inflation is now 66% but those trekking the day to day movement of prices will tell you that it is 270%. > In 10 years this regime has taken us through 2 vicious cycles of disequilibrium. It doesn’t need the genius to foresee that year-end inflation will be 400%. *Related:* *New Currency Announcement Undermines Confidence – ANALYSTS* *Biti Condemns Maize Producer Price Controls* *FULL THREAD: Biti Slams Voodoo Economics, Demands That RTGS$ Be Scrapped* *Govt Will Raid Foreign Currency Accounts: Tendai Biti Warns* *Biti Calls Mangudya, Mnangagwa Highway Robbers And Bandits* _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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