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Manufacturers Of School Uniforms Contemplating 300% Price Hike

5 years agoTue, 20 Nov 2018 06:56:56 GMT
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Manufacturers Of School Uniforms Contemplating 300% Price Hike

The Minister of Industry and Commerce, Mangaliso Ndlovu says that local manufacturers of school uniforms are contemplating raising prices by 300 per cent next year. He said this after meeting with captains of industry in Harare on Monday. The meeting was meant to find ways to deal with the recent price increases. He said

… this last proposal was inspired by a conversation that I had with someone from the textile sector. They told me that we should expect school uniforms to rise by no less than 300 per cent next year… They said that, as manufactures, they had not increased prices but from dispatch up to the last person who buys the product, prices were rising exponentially.

More: Newzimbabwe

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