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Zimbabwe turn towards black market as inflation rises

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Zimbabweans are feeling the wrath of high inflation. The rate of inflation in the southern African country now stands at 131.7 percent in the month of May.

Locals are now helpless as they are now forced to search for cheaper products as a way to survive the overpriced goods at major supermarkets.

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In these shops they call trucks, lie the solution to their demise as they can buy cheaper products compared top large supermarkets.

“We buy at the truck shop because they are cheap, their price is not even expensive because there, in the big shops these days, they are expensive. Even their rate is less (than in supermarkets, ed.), at the truck shop they give us the good rates, that’s why we prefer to buy at the truck shop because they are cheap,” a customer said.

Zimbabwe has endure years of fluctuating value of currencies worsened by adoption of US dollar. Many Zimbabweans are now shunning away from major stores that experience frequent fluctuating currency rates when converting to the local Zim Dollar.

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“Its cheaper for customers to buy from out here, for instance for a dollar they can get two drinks, instead of one from a supermarket. It’s also because our exchange rate is better than the official rate,” said one vendor.

The black market is also taking a toll on the local Zim Dollar with economists warning of a further deterioration of the local currency if not regulated.

“What we have witnessed over the past weeks is a massive increase in pricing, Zim dollar pricing. This has largely been caused by the very significant depreciation of the local currency that we have seen on the black market or on the parallel market,” said Prosper Chitambara, an economist.

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Zimbabwe’s economy is inching toward “full dollarization,” with the local currency facing collapse, local investment firm Inter-Horizon Securities said. It slumped by 34% in April alone-Source: Africa News.

 

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Police Hunt For A Nkayi Murder Fugitive

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BY STAFF REPORTER 

A Nkayi man is reportedly on the run after allegedly assaulting a fellow villager with an unknown object on the head on New Year’s Day. 

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Police have identified the fugitive at Joinisa Tshuma from Dabe village who is being sought for a murder charge. 

“ZRP is appealing for information which may lead to the arrest of Joinisa Tshuma who is being sought in connection with a case of murder in which Mcebisi Moyo died on 07/01/24,” police appealed. 

“The suspect allegedly assaulted the victim on the head with an unknown object near a bush in Dabe Village, Nkayi on 01/01/24 before he fled the scene.”

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According to police, the victim sustained some head injuries and he was admitted at Nkayi District Hospital where he succumbed to the injuries.

Meanwhile, Police in Machipisa are also  investigating a case of murder which occurred on Wednesday, in which a yet to be identified male adult approximately aged 30 years who was wearing a yellow t-shirt, black trousers, black gum boots and a black cap, was found lying dead with a stab wound on the back near Mapuranga Transport Service Garage in Harare. 

Police are also appealing to the public with information surrounding the incident. 

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“Anyone with information to report at any nearest Police Station.” 

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Full ZRP Statement on Armed Robberies Raiding Elite Schools 

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As the schools open, parents and guardians are in the process of paying school fees, levies and other related school costs, for their children.

School authorities are therefore urged to deposit all monies at financial institutions to curb armed robbery cases.

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The issue of collecting cash by school authorities at schools should be reconsidered given the recent armed robbery cases.

The Police has recorded armed robbery cases in Bulawayo and Chinhoyi in which schools are being targeted.

In one of the cases, unknown suspects pounced at George Silundika High School at corner George Silundika Street and Third Avenue, Bulawayo on 06th January 2024, where they stole US$17 280.00 cash which was in a cash box.

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In another case which occurred at Lomagundi College, Chinhoyi on 09th January 2024, 12 unknown suspects attacked security guards before stealing an undisclosed amount of cash, a Mazda Tribute motor vehicle, cellphones and laptops, among other valuables.

School authorities are urged to step up security measures at schools and employ guards from reputable security service providers who constantly monitor and review deployments.

Above all, school authorities should install CCTV at points of entry and administration offices.

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The Zimbabwe Republic Police is concerned that some of these robbery cases are resulting from leakage of information.

Members of the public are warned that those who provide inside information to robbery syndicates will be arrested.

Police crack teams are firm on the ground and will pounce on armed robbery syndicates for the law to take its course in earnest.

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ARTUZ condemns government for opening of school amid Cholera outbreak

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BY NOKUTHABA DLAMINI 

The Amalgamated Rural Teachers Union of Zimbabwe (ARTUZ) has condemned the government’s decision to reopen schools due to the cholera outbreak wreaking havoc in most parts of the country, labeling the move reckless and disregarding the pressing concerns raised by parents and teachers. 

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Statistics released by the Ministry of Health and Child Care last week showed since the outbreak of cholera, Zimbabwe has recorded 15 137 suspected cholera cases, 1 759 confirmed cases, 14 578 recoveries, 67 confirmed deaths and 266 suspected deaths.

“We vehemently condemn the government’s reckless decision to open schools amidst the widespread cholera outbreak, completely disregarding the pressing concerns raised by parents and teachers,” reads the statement.

“We demand that the government immediately mobilize substantial resources to ensure the safe reopening of schools because our children deserve nothing less than a secure and conducive learning environment. 

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“It is the duty of the government to provide sanitary solutions and ensure the safety and well-being of our children.

The union also called on the government to consider an upward increment of teachers’ salaries, criticizing the government’s lack of engagement with educators, particularly regarding their ongoing demand for a US$1 260 salary.

“Also, it is utterly disappointing to witness such a hasty move without even bothering to engage with the educators who have been tirelessly advocating for a just salary of US$1260.

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“The safety and welfare of our students and teachers should be the utmost priority, but it seems that the government is callously neglecting this responsibility.

“It is high time for the government to prioritize the well-being of our education system and take meaningful action to address the urgent needs of our dedicated teachers. ” 

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