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Price of tea soars in Zimbabwe
16/12/2004 12:30  - (SA)  

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  • Disbelief greets Zim inflation
  •  Zimbabwe Special Report
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  • Harare, Zimbabwe - The cost of tea in Zimbabwe rose by 28% amid soaring food prices in November, the independent Consumer Council said on Thursday.

    Meat rose 15% and slightly lower increases were reported for milk, sugar and nonfood items such as rent, the council said in its monthly bulletin.

    Overall, the average monthly expenditure for a low-income family of six to meet its basic needs rose by 11% to Z$1 647 855.

    Lower paid workers earn around Z$750 000 a month - less than half the needs of the average family.

    Zimbabwe is facing its worst economic crisis since independence in 1980, with unemployment running at 70%, according to official estimates.

    The state Central Statistical Office on Tuesday said inflation last month hit 149.3%. While a drop from October's 209%, it is still the highest rate in the world.

    Aid groups say many poor urban families have resorted to selling household goods, growing corn and vegetables on roadside patches, cutting back to a single meager meal a day and even begging and prostitution to get by.

    The agriculture-based economy has collapsed since President Robert Mugabe's government began seizing thousands of white-owned commercial farms for redistribution to black Zimbabweans in 2000, leading to acute shortages of food, fuel, hard currency and other imports.

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