Zimbabwe annual inflation to fall by as much as 15 pct by end of year - cenbank governor
Zimbabwe's average annual inflation should fall to between 10 and 15 percent after it reached its highest level in a decade in January, central bank governor John Mangudya said on Monday.
Year-on-year inflation accelerated to 56.9 percent in January from 42.09 percent in December, propelled by increases in the price of basic goods and beer.
Zimbabwe recently adopted a new currency, called the real-time gross settlement (RTGS) dollar. But how will this new currency really affect ordinary Zimbabweans - and will it help the country's struggling economy? Business Time reporter, Mudiwa Gavaza gives us the breakdown.