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Resolved1 update Updated May 4

Zimbabweans face a bleak 2020 as economic crisis deepens

[ad_1] Mautsa's only customer offered to buy a wheelbarrow of sand -- a key ingredient in household construction works -- at half the asking price. With little choice, he grudgingly agreed to sell at $70 Zimbabwean dollars (US$5 on the local interbank rate). The father of five said his family has been forced to cut

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Zimbabweans face a bleak 2020 as economic crisis deepens

[ad_1] Mautsa's only customer offered to buy a wheelbarrow of sand -- a key ingredient in household construction works -- at half the asking price. With little choice, he grudgingly agreed to sell at $70 Zimbabwean dollars (US$5 on the local interbank rate). The father of five said his family has been forced to cut down on meals as the price of basic commodities soars thanks to hyperinflation. "It has been a tough year. You simply cannot make enough to make ends meet," Mautsa told CNN. "On a good day, I make $200 Zimbabwean dollars, but lately business has been going down because the traders are too many. Last year was better, I could even save money for my children's school fees, but this year inflation has decimated my income." Risk of...

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