Zim economy already suffering effects of Russia-Ukraine conflict - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Zimbabwe officials say the economy is already suffering the adverse effects of the Russia-Ukraine conflict. Russia invaded Ukraine almost two months ago claiming it wanted to denazify and demilitarise its neighbouring country.

A street vendor sells vegetables in Harare, Zimbabwe.adverse effects of the Russia-Ukraine conflict

The Zimbabwean currency continues to depreciate drastically and is now ranging between 280 and 300 Zimbabwe dollars to one US dollar on the parallel market while officially trading at 145 to the US dollar. He says this has triggered price hikes of basic commodities and a further worsening of the situation for many Zimbabweans.

 

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Zelensky is responsible for this mess. Ukraine owes Russia billions but refuses to pay. Ukraine is Anti Black & Anti LGBTQ. AZOV Neo Nazi Militia is the National Guard for Ukraine. Ukraine voted AGAINST CONDEMNING NAZISM & RACISM at the UN. Russia voted in FAVOR.

Aike once Zimbabweans suffer it mean it includes SA

I still wonder how people get conned on trading in SA. Some on Standard bank app. I’m very happy I’m investing directly with SimaG428 and I still can’t see the con they say but always winning and I’ve recently withdrew my R30k profits. Please ignore those stories and invest

Im a carpenter I got retrenched in 2020. Im struggling to find employment. My children often cry themselves to sleep because they sleep hungry😭. I don't feel like a man because of that💔. I ask for any food nearing their expiry date🙏🏻

Zimbabwe citizens say the economy has always suffered the adverse effects of ZANUPF_Official Corruption and Misrule. Zanu started misruling Zimbabwe over 40 years ago claiming it wanted to liberate and make the country prosper but fucked up the country raw.

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Business Maverick: From Russia with a middle finger: Stagflation stalks Africa as Ukraine conflict fans inflationIn its latest Africa’s Pulse report, the World Bank warns that the spectre of stagflation is stalking Africa as inflation surges and central banks react with rate hikes. Russia’s imperialist invasion of Ukraine is fanning the flames of food and fuel inflation and the poorest of the poor on the world’s poorest continent will suffer the most. From Russia with a big middle finger stuck in the air.
Source: dailymaverick - 🏆 3. / 84 Read more »