Penalties for unjust pricing increases

Story by Abigirl Tembo

Government is set to increase penalties for businesses engaging in unjust price hikes and other unfair trade practices.

The move is aimed at curbing rampant price increases that have eroded consumers’ purchasing power.

In a post cabinet media briefing presented in Harare this Tuesday, the Minister of Information, Publicity and Broadcasting Services, Dr Jenfan Muswere said several measures have been put in place to protect consumers

Government has also set to establish a ministerial taskforce to coordinate the identification of idle and abandoned industrial spaces.

Cabinet also received an update on preparation for the Heroes Day commemorations and the Zimbabwe Defence Forces Day celebrations

Other issues discussed in this Tuesday‘s cabinet include a report on the official visit to Iran for the inauguration of President Masoud Pezeshkian by Vice President Kembo Mohadi, as well as Vice President (Rtd) General Dr Constantino Chiwenga’s visit to Nicaragua for the 45th Sandinista popular revolution celebrations.

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