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Africa Subsaharan
Bread price triples in Zimbabwe
2006-12-23
The price of bread has nearly tripled in Zimbabwe after the government caved in to pressure from bakers demanding a more realistic selling price.

The new price for a loaf would be 825 Zimbabwean dollars (about R24), up from 295 Zimbabwean dollars.
Industry minister Obert Mpofu said in a government notice that the new price for a loaf would be 825 Zimbabwean dollars (about R24), up from 295 Zimbabwean dollars. "The minister of industry and international trade has set 825 dollars as the new retail price of bread while the producer price of bread has been set at 725 dollars," reported the Zimbabwe Broadcasting Corporation on Friday.

Bread had almost disappeared from shop shelves after bakers said they could not afford to sell it at a loss. They said they would need at least 700 dollars a loaf to break even.
Posted by:Fred

#7  Hey, Us bakers gotta make a profit!
Posted by: Pillsbury No-Mo-Dough-Boy   2006-12-23 20:29  

#6  RJ,

Unfortunately, in Zimbobland one does not have access to The NYT, so it's choice No 2, Zimbucks, lol!

http://www.nytimes.com/2006/05/02/world/
africa/02zimbabwe.html?ex=1304222400&en=e4f95916b
4e5d098&ei=5088&partner=rssnyt&emc=rss
Posted by: rhodesiafever   2006-12-23 13:43  

#5  Bread price triples in Zimbabwe

time for Nork nutrition experts.
Posted by: RD   2006-12-23 11:34  

#4  Bread Price Triples in Zimbabwe

How could you tell, the ink on the bills is more valuable than the bills themselves, why just the ink from the number of zeroes alone must be worth near 1/10 cent US.

Semi-serious comment, is it worth buying toilet paper, or are the bills cheaper to use directly?
Posted by: Redneck Jim   2006-12-23 08:19  

#3  I remember way back when (October) when bread was only Zim$195.
Posted by: ed   2006-12-23 06:37  

#2  Or a nice fish-hook
Posted by: Shipman   2006-12-23 05:32  

#1  Tomorrow's price - 1500 Zim-Bob-Way dollars.
Posted by: Glenmore   2006-12-23 00:30  

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