Govt engages retailers over price hikes

Government says it is engaging retailers and other stakeholders to find an amicable solution following the recent price increase of basic commodities.

Prices of basic commodities such as mealie-meal, cooking oil, bread, beef and chicken have gone up in the past few days.

“We are going to meet with the Retailers Association of Zimbabwe and other stakeholders to ensure the recent price increases do not go beyond the reach of many,” said Industry and Commerce Minister Dr Sekai Nzenza.

Dr Nzenza also appealed to the business sector not to take advantage of the lockdown to increase prices.

“Some businesses are taking advantage of the lockdown to charge exorbitant prices, which is not good to the consumers,” she noted.

A survey conducted by ZBC News in Marondera revealed that a 10kg bag of roller meal is now pegged at 624 Zimbabwe dollars while a 2 litre bottle of cooking oil is going for 335 Zimbabwe dollars.

The ruling ZANU PF party recently expressed concern over the recent price hikes which are hurting the ordinary people.

The post Govt engages retailers over price hikes appeared first on ZBC NEWS.

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