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*Consumers Advised Against Panic-buying* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?tq The Consumer Council of Zimbabwe (CCZ) has advised consumers against panic-buying following a sharp increase in the price of basic commodities triggered by an increase in the price of fuel on Tuesday. CCZ chairman Philip Bvumbe opined that panic-buying will result in shortages of goods forcing manufacturers and retailers to raise prices. Said Bvume: ---------- *HOT DEALS:* *itel A70 - (128GB, 3GB RAM) $89,* *itel A70 - (256GB, 4GB RAM) $99* *itel P40 (128GB, 4GB), (6000mAh) $99* *itel P40 (64GB, 4G), (6000mAh) $93* *LATEST: itel S24 (128) $124; S24 (256GB) $159* Cash on Delivery in Harare & Bulawayo. Tinotumira kwamuri inosvika. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- > Last week, as you are aware, the parallel market rate went up to about 1:7 and all the goods in shops went up and there was panic buying. > What we are urging consumers is that they must not go on a rampage of panic buying. Suppliers and retailers have been trying to reduce their prices because of the demand which has been low for some time. > Let us be mindful that the more we have an artificial demand for products, the retailers and manufacturers will be justified to increase prices. > We encourage people not to go on a panic-buying spree. *More: Newsday* _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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