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    Zimbabwe

    Zimbabwe’s main bread producer has warned it only has two days’ supply of flour, state media have reported. The company, Lobels Bread, said a flour shortage had already forced it to scale back its operations by 80 percent. Reports say 36,000 tonnes of imported wheat are blocked in a Mozambican port owing to foreign exchange shortages. A foreign currency crisis caused inflation to…

    By GDB Newsletter // 05 September 2007

    Zimbabwe’s main bread producer has warned it only has two days’ supply of flour, state media have reported. The company, Lobels Bread, said a flour shortage had already forced it to scale back its operations by 80 percent. Reports say 36,000 tonnes of imported wheat are blocked in a Mozambican port owing to foreign exchange shortages. A foreign currency crisis caused inflation to rise to 7,638 percent in July. Government price controls have been blamed for worsening shortages. (BBC)

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