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NewsDay now cost US$1 each or ZWL$3, up from ZWL$2. The
Standard’s cover price remains at ZWL$3 or US$1, while the Zimbabwe Independent
will be selling at US$1 or ZWL$5, up from ZWL$4 per copy.
“Basically, we want to stay in business and at the current
pricing, we were not going to be able to print the quality news that we are
known for because it is a cost in terms of gathering the news. This includes
getting newsprint and printing the paper to put on the street to sell, of which
all these costs have gone up, which are in United States dollars, which we do
not earn,” AMH finance director Brian Maphosa said.
However, the latest development is in line with the
prevailing economic condition, where retail shops are charging in US dollars,
with government joining in the bandwagon amid shortages of basic commodities
such as cooking oil and sugar.
The country has been plunged into uncertainty as things
continue to escalate, with the local currency constantly losing value.
AMH last reviewed prices of its products in October last
year. Newsday
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