Zimbabwe - PricingZimbabwe - Pricing
The formation of the coalition government in 2009 ushered in reforms that saw the removal of price controls. Nearly all prices are now market determined. This followed a period of wide-spread shortages caused by the intensification of price controls in 2007. Most products attract a value added tax (VAT) of 15 percent, with the exception of some basic commodities that are zero-rated. Retailers typically list prices in the local electronic currency, the RTGS dollar, and offer U.S. dollar cash discounts reflecting the unofficial exchange rate.