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
Justice delayed is trust denied

Batswana who marched peacefully for 'Justice for Tshepi' demanded answers. They have now received a detailed account of police investigation and a promise that the file is with the Directorate of Public Prosecutions (DPP). The real test is whether the state now keeps its word without further prodding. In his address, the minister asked the nation to trust the process. He spoke of rigour, not neglect, and pointed to 10 months of...

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