Bread price set to rise in Zimbabwe

Source: Bread price set to rise | Theindependent (Zimbabwe) FREEMAN MAKOPA ZIMBABWE’S baking sector has been thrown off balance by escalating fuel prices and deadly power cuts that have recently rattled the economy. So dire is the situation that some baking industry executives told the Zimbabwe Independent this week that consumers should brace for price hikes in the coming months to guarantee a flawless supply. However, the National Bakers Association of Zimbabwe (NBAZ) said yesterday that for the festive season, the industry had enough stocks of wheat to meet demand. This is the latest in a series of warnings by key industries in the past few months that Zimbabwe’s prolonged energy crisis could reverse significant progress towards economic recovery reported by most sectors in the final quarter of 2021. In the past few weeks, the power crisis that returned to haunt domestic and industrial consumers mid-year has intensified, with companies enduring prolonged power cuts that have ...