Government criticizes price hikes

The government has criticized price hikes by the private sector without a corresponding adjustment of salaries for their employees.

“No matter how the private sector increases prices or charge in us dollar, they don’t increase the salaries of their employees,” Said the Minister of Industry and Commerce, Cde Mangaliso Ndlovu.

The Minister unpacked the challenges affecting the industrial capacity utilization and criticized the unjustifiable price hikes by the private sector as he was addressing ZANU-PF youth during an inter district youth conference held in Bulawayo.

“After dollarization Zimbabwe became the fish pond of us dollars that saw other countries coming to open shops here and take the us dollar. The other issue is the pricing of private sector”. Said, Cde Mangaliso Ndlovu.

Youths were urged to take part in all government initiatives and come up with projects that will create employment.

The Minister also noted that there is a need for the government to assist youths to achieve their dreams, adding that young people should resist being used as campaign tools.