People Just Increasing Prices, It's Unjustified: Minister Of Industry

Minister of Industry and Commerce Minister Mangaliso Ndlovu has said that price increases which have occured lately are unjustified as business people are just increasing prices. The ruling Zanu-PF party has also expressed its concern at the price increases and has promised that the government will intervene soon.

I have not received a brief on price increases and the magnitude but I know it is a culture that has been developing in the last few weeks, people just increase prices…Largely, it is not justified but it is something that I will need proper briefing on before I can comprehensively comment on it. I have not heard of the increases as from the announcement of the Monetary and Fiscal policy pronouncements.

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