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*Mthuli Ncube Calls For Patience, Says Inflation Will Stabilise* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?od Minister of Finance and Economic Development Mthuli Ncube has called for Zimbabweans to be patient warning that speculating will result in people and businesses incurring heavy losses. The minister was referring to the price hikes which occured in the middle of the week after exchange rates for foreign currency soared on the black market. In an interview with state media, the minister said, > …Ordinary Zimbabweans should not go into panic buying of goods and commodities, as prices will drop and they will lose money. Likewise, wholesalers and retailers should not hoard goods in anticipation of obtaining higher prices in future. They will incur loses. I urge everyone to be patient. We will turn around the fundamentals of the economy through various measures contained in the Transitional Stabilisation Programme…The interventions that I have put in place are designed to restore fiscal equilibrium and general macroeconomic and monetary sector stability. This will then create the right environment for growth. The price shocks are temporary but inflation will stabilise as the markets find equilibrium again. More: Sunday Mail ---------- *Latest itel S24 now available on Pindula* $124 Cash on Delivery in Harare & Bulawayo. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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