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Zimbabwe raises petrol prices by more than 25%

5

The government was piling more misery on to already suffering Zimbabweans.

At those prices, a full tank of petrol costs more than a month’s salary for a cook or a maintenance worker, and more than half a month’s salary for a doctor.

The main opposition Movement for Democratic Change (MDC) condemned the move in a tweet Sunday.

The government was piling more misery on to already suffering Zimbabweans, MDC said. “Surely this madness must stop.”

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Already in January, the government almost tripled petrol prices and has regularly increased the prices since then.

The January announcement sparked violent protests that were put down by the security forces. When troops opened fire on the demonstrators they killed 17 people and wounded dozens more.

Zimbabwe, once known as the bread basket of southern Africa, has been trapped in an financial and economic crisis for nearly two decades now.

President Emmerson Mnangagwa, who took over from long-time ruler Robert Mugabe after he was forced from power at the end of 2017, has promised to revive the economy, but so far without results.

Zimbabwe is shackled by a devalued currency, mass unemployment, runaway inflation and shortages of essential items including petrol, electricity and water.

According to the International Monetary Fund, prices had risen by nearly 300 percent year-on-year in August. Analysts at the Bloomberg agency put inflation at 900 percent.

On Tuesday, tickets for the state bus company Supco doubled in price to one Zimbabwe dollar.

CORONAVIRUS CASES

Live Updates COVID-19 CASES
  • World 18,697,917
    World
    Confirmed: 18,697,917
    Active: 6,079,777
    Recovered: 11,913,908
    Death: 704,232
  • USA 4,918,420
    USA
    Confirmed: 4,918,420
    Active: 2,276,450
    Recovered: 2,481,680
    Death: 160,290
  • South Africa 521,318
    South Africa
    Confirmed: 521,318
    Active: 148,683
    Recovered: 363,751
    Death: 8,884
  • Nigeria 44,433
    Nigeria
    Confirmed: 44,433
    Active: 11,672
    Recovered: 31,851
    Death: 910
  • Kenya 23,202
    Kenya
    Confirmed: 23,202
    Active: 13,487
    Recovered: 9,327
    Death: 388
  • Australia 18,730
    Australia
    Confirmed: 18,730
    Active: 7,876
    Recovered: 10,622
    Death: 232
  • South Sudan 2,437
    South Sudan
    Confirmed: 2,437
    Active: 1,215
    Recovered: 1,175
    Death: 47
  • Uganda 1,203
    Uganda
    Confirmed: 1,203
    Active: 125
    Recovered: 1,073
    Death: 5
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