Mnangagwa livid over Zimbabwe price increases | IOL Business Report

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Mnangagwa livid over Zimbabwe price increases busrep

HARARE – Zimbabwean leader, Emerson Mnangagwa on Thursday criticised business leaders for price increases as companies in the struggling economy cushion their bottom lines by hiking prices in line with steep rises in the parallel market currency rates.

Mnangagwa was addressing Zimbabweans at the National Sports Stadium in Harare during a 39th anniversary ceremony to mark Zimbabwe’s independence from Britain. “We are adopting long term strategies to stabilise availability and pricing of fuel. Introduction of market bases exchange rate expected to stabilise,” Mnangagwa said without further elaboration.

 

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busrep These presidents in Africa all shocked, angry, livid, disturbed by the state of affairs in their countrys, yet its them and their ruling parties that steal and rob their countrys into bankruptcy, why are you all shocked.

busrep Is he not shocked? I know one President who would be shocked by the state of the economy of his country.

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