Supermarkets impose 'one item per person' limit on products
Supermarkets in Zimbabwe have introduced a "one item per person" limit due to panic buying by consumers. High inflation and a fluctuating currency in the country have caused shopping difficulties, while retailers such as "Pick n Pay" and "OK Supermarket" have stated that continuing to sell at the official exchange rate poses a risk of bankruptcy.
12punto
Some retail supermarkets in Zimbabwe have placed a "one item per person" limit on their products.
According to reports in the national press, consumers have begun panic buying due to fluctuations in the country's currency.
Retailers in the country such as "Pick n Pay" and "OK Supermarket" have reported that they would face bankruptcy if forced to continue selling at the high official exchange rate.
In order to prevent panic buying, supermarkets have set a limit to sell one item per person for products such as milk and similar goods.
The official value of Zimbabwe's national currency, the ZiG, was devalued by 43 percent last week.
The Financial Intelligence Unit (FIU) of the Reserve Bank of Zimbabwe blames illegal foreign currency traders for the volatility in the exchange rate.