Zero Pindula

WhatsApp Message

*Govt to revoke licences of shops that increase prices*

*Follow Pindula on WhatsApp for daily new updates*
https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?bw

Industry and Commerce Minister Mike Bimha said that Government will consider revoking operating licences of businesses found guilty of unjustified price increases.

Said Bimha:

----------
itel A70 256GB
$99USD

WhatsApp: https://wa.me/+263715068543
Calls: 0772464000
----------

> When companies operate, they operate on the basis of licensing and permits, which Government has a leeway to withdraw if a company is not behaving as required. However, we do not want to come up with measures that punish everybody and yet they are probably few, its better for us to be able to identify the culprits and deal with them.

He said that Government has identified 16 commodities which it will ensure will be prioritised in the allocation of foreign currency to import key raw materials for their production. Manufacturers of the essential products are expected to publish recommended prices every two weeks. ZimStat will publish their price monitoring surveys by the 15th of every month and are expected to conduct public awareness programme on key commodities.

More: Herald

_If you found this article useful_
*Please support Pindula by forwarding to friends and groups*