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/ 20 February 2008

Zim inflation soars to 100 580%

Zimbabwe’s annual inflation vaulted to 100 580,2% in January to set a new world record, but it is still unlikely to cause sleepless nights to President Robert Mugabe’s government facing elections in about five weeks’ time. The jump in inflation is alarming even in the context of Zimbabwe’s extraordinarily collapsing economy.

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/ 14 February 2008

Zimbabwe inflation rockets to 66 000%

Zimbabwe’s annualised inflation rate rose to a record 66 212,3% in December, dealing another blow to President Robert Mugabe’s efforts to pull the once prosperous African nation’s economy out of a deep crisis. Mugabe has made the battle against inflation the cornerstone of his government’s effort to reverse an economic slide.

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/ 27 November 2007

Zim inflation figures affected by shortages

Zimbabwe’s latest inflation figures have been delayed because there are not enough goods in the shops by which to measure price increases, it was reported on Tuesday. There was an ”unavailability of required information, such as prices of goods, due to their shortage”, the Herald quoted Moffat Nyoni, director of the Central Statistical Office, as saying.

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/ 23 November 2007

Zim to slash three more zeros from currency

Zimbabwe prepared on Friday to slash three more zeros from its currency for the second time in a year, as inflation soars in the crippled economy. Central bank Governor Gideon Gono said after months of planning, the issue of new currency bills was ”imminent”, state television and radio reported. The television showed a sample of a new Z note.

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/ 19 November 2007

Embattled Zimbabwe delays inflation data

Zimbabwe on Monday delayed the release of inflation data and said it might not be available ”for a while”, fuelling concerns the government had failed in its bid to hold back runaway prices. President Robert Mugabe has made the battle against inflation the cornerstone of his government’s effort to reverse a deep economic slide.

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/ 31 October 2007

HIV rate declines in Zimbabwe

Zimbabwe has registered a 2,5% decline in the prevalence of HIV to 15,6% of the population, the authorities revealed in Harare on Wednesday. The latest decline is from 18,1% of the population in 2006 to 15,6% this year, or one in every seven people, Health Ministry officials were quoted as saying.

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/ 19 September 2007

Little support for strike in Zimbabwe

Bread queues snaked their way outside supermarkets in the Zimbabwean capital Harare on Wednesday, where few people appeared to have heeded a call by unions for a two-day general strike. Traffic was heavy in the city centre, with minibuses heavily-loaded. Most banks, shops and stores were open for business.