Air Zimbabwe fares rocket 500%

AIR Zimbabwe has increased both domestic and international fares by 200-500% according to Reuters. Economy class return to London is Z$1,865m (US$7 500 at the official rate, i.e. R52 000). It was previously Z$358 310 (US$1 433 at the official rate, i.e. R10 033. The fare to China has risen from around R15 200 to R70 000, on the official market. The black market rate is acknowledged to be six times the official rate. Kate Nathan (katen@nowmedia.co.za)