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Al Jazeera
Al Jazeera
Business
Calvin Manika

‘Triple spending’: Zimbabweans bear cost of changing to new ZiG currency

Vendors do business in US dollars on the streets of Harare, Zimbabwe [Calvin Manika/Al Jazeera]

Harare, Zimbabwe – At a shopping centre in Glenview, a busy working-class suburb of Zimbabwe’s capital, Harare, carpenter Arnold Mutiri stopped to buy a 2-litre (half-gallon) Mazoe Raspberry drink.

The price tag said US$3.70. With Zimbabwe’s volatile currency and years of economic crisis, most goods are priced in more stable United States dollar amounts with customers receiving their small change in local currency.

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