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Beer prices surge after Delta turns to forex sales | New Zimbabwe

ZIMBABWEAN drinkers have been priced out of their favourite beverages following top brewer Delta Corporation Limited’s recent decision to sell some of its products in hard currency.

The country’s leading beverage manufacturer on Friday last week dumped the local bond note and RTGS and started pricing beer products in US dollars.

The new pricing regime has triggered a sharp increase in the price of beer.

A snap survey in Bulawayo by NewZimbabwe.com revealed that the retail price of beer has increased by more than 100 percent.

Liquor outlet owners said the price of a 375ml brown bottle is now costing US$1.50 up from $1 bond while a 750ml brown bottle is now pegged at US$3 from $2 bond.

The price of a 750ml green bottle is now US$3.50, up from $2.75 bond.

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Beer prices surge after Delta turns to forex sales – NewZimbabwe.com.

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