Russia-Ukraine war is hurting Zimbabwe’s struggling economy
While the government has paused its price increases for now, they are still “just exorbitant”, says Kambamura, a father of two who stays in Dangamvura, a high-density suburb in Mutare. At these prices “the taxi business is becoming unprofitable,” he added. But the war is affecting commodities beyond fuel. With Russia and Ukraine exporting about a quarter of the world’s wheat, those prices too have been shooting up globally since the start of the invasion.
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