Expect Increase In Inflation Rate:Richard Tsvangirai
5 September 2019
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Farai Dziva|Richard Tsvangirai, the son of former Prime Minister Morgan Richard Tsvangirai, has said Zimbabweans must “brace for an increase in inflation rate due to the disturbances in South Africa.”

Richard tweeted:

When I said RBZ printed money thereby increasing money supply which was causing the ZW to depreciate, people attacked me left and right. Well..

The number of people travelling to SA will decrease. The demand for rand will decrease, as a result the rand will depreciate. Capital flight is expected due to uncertainty plus growth in inflation.

An increase in inflation is expected in Zimbabwe due xenophobia: the risk being carried by transporters; uncertainty.

Richard Tsvangirai