World's Highest Gasoline Price Prompts Strike in Zimbabwe
- Fuel price hike comes amid biting shortages of food and cash
- Currency crisis is causing companies to shut down production
This article is for subscribers only.
Police clashed with protesters in the Zimbabwean capital as the main labor-union confederation began a three-day national strike after the government more than doubled fuel prices to the highest in the world.
The stay-away comes as a foreign-exchange shortage has sparked scarcities of everything from fuel to bread, caused doctors to stay away from work and companies to cut or cease production because they can’t import raw materials. The main industry body said in a letter to the government that businesses across the southern African nation are on the brink of collapse.