President ED Mnangagwa vows to tame price madness

President ED Mnangagwa vows to tame price madness
President ED Mnangagwa vows to tame price madness

PRESIDENT Emmerson Mnangagwa yesterday said he would today announce sweeping policy measures to deal with skyrocketing prices of basics and services, including inflation.

“My government will tomorrow (today) announce concrete measures to tame inflation, and unwarranted increases towards securing the incomes and savings of our people, especially women,” Mnangagwa said while officially opening Zanu PF’s 7th national women congress in the capital.

Zimbabweans have been hard hit by falling disposable incomes with basic goods and services priced beyond the reach of many.

President ED Mnangagwa vows to tame price madness
President ED Mnangagwa vows to tame price madness

Some businesses are offering discounts for United States dollar payments while using parallel market rates when pegging prices in local currency.

Public and private sector workers are now demanding United States dollar wages to make ends meet. Teachers and health professionals yesterday entered day five of their strike for US dollar salaries.

“We remain committed to ensuring sustainable delivery of social services such as water and quality education,” Mnangagwa said.


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