Choppies Forecasts Good Returns From Deflated Zimbabwe

Ramachandran Ottapathu
Ramachandran Ottapathu

Choppies Enterprises Limited has stated that though Zimbabwe is undergoing deflation, the company’s business prospects in the country will not be affected.

The retailer says that the Zimbabwean economy is US Dollar based and the strength of the currency will cushion it from any negative impact. 

Zimbabwe moved into deflation after the annual rate of inflation for February shed 0.90 percentage points to minus 0.49 percent due to continuing price fall with some economists seeing this as a temporal phase of price self correction.

Editor's Comment
Let justice, not politics determine Salakae’s fate

“Justice should not only be done, but should manifestly and undoubtedly be seen to be done.”-Lord HewartHis decision was the correct one.The move neither proves guilt nor settles the serious allegations that have brought him to the doorstep of the Regional Magistrate’s Court.It does, however, recognise a basic principle of accountable government, that a minister facing criminal charges should not remain in a position that could create even...

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