Article Search

 Zimbabweans cannot quench their thirst
    May 15 2005 at 11:50AM Get IOL on your
mobile at m.iol.co.za

Harare - After shortages of cooking oil, maize, milk, toothpaste and soap, Harare has now run out of soft drinks, the state-run Herald newspaper reported on Saturday.

Cheap sugared drinks are a popular beverage among many city residents.

The Herald said most supermarkets and food outlets in the Zimbabwean capital had run out of the drinks.

Some shops have gone for two weeks without deliveries from the country's main drinks manufacturer, Delta Beverages, the paper said.

An official from Delta Beverages blamed Zimbabwe's critical lack of foreign currency for the shortages, which are also affecting alcoholic drinks. He said the company was unable to import the raw materials needed for production of the drinks.
Continues Below ↓





"The country is currently experiencing a shortage of foreign currency and this has had a negative impact on all businesses that require raw materials including ourselves," said the official.

Shortages of basic goods like maize, cooking oil and milk resurfaced after parliamentary elections in March, which were won by President Robert Mugabe's ruling party.

The government says some of the shortages are artificially created, but manufacturers blame the lack of foreign currency.

Zimbabwe's scarce foreign currency reserves are tightly controlled, and importers must bid for their hard currency needs using an auction system.

Because there is not enough hard currency to satisfy demand, many importers say they return empty-handed from the auctions. They say they are then forced to buy foreign currency on the parallel market, where prices are three times higher. - Sapa-dpa

Email StoryPrint Story
BOOKMARK THIS STORY
Social bookmarking allows users to save and categorise a personal collection of bookmarks and share them with others. This is different to using your own browser bookmarks which are available using the menus within your web browser.

Use the links below to share this article on the social bookmarking site of your choice.

Read more about social bookmarking at Wikipedia - Social Bookmarking

muti



Watch IOLs latest videos on YouTube Join IOLs Facebook page Follow IOL on Twitter





     Online Services

Date Your Destiny
 
I'm a 40 year old man looking to meet women between the ages of 18 and 55.
 

     More Services

     More Southern Africa Stories

     Breaking News      Most Read Stories
      Top News Stories
      Top Africa Stories
      Top Reads - Yesterday



     Entertainment      Motoring
'Twenty-five years feels right in my bones'
Radio station in a knot over wedding dilemma
Driver dies in Miley Cyrus tour bus crash

     Business
Hershey may launch bid for Cadbury
Global stocks slip, dollar gains on economy fears
Difficult times bring a rise in false claims
Well-mannered Porsche - just built to race
Kia's latest baby - she's even smaller than a Picanto
Communist cousins in demand from behind the Wall
Amid Expo back in 2010 despite poor sales
Triumph recalls Sprint 1050 ST

     Travel
Berlin hipster hotel taps bygone spirit
River Plate reflect on the past
Still hope for the Garden Route
Marrying great music with fine food
Beaujolais nouveau hot in Japan
     Careers
For many, full potential goes unharnessed
Getting to grips with the transport industry
To be your own boss, believe in yourself first
Salary survey puts unstable economy into the equation
Development of child is key