ED To Engage Businesses Over Price Hikes - Report

The president has said he will soon engage with businesses to address malpractices in the industry like constantly hiking prices. The President said it is not his wish for the government to be involved in business operations but clear failure has been noted. Said Mnangagwa:

Soon, I shall be calling for a meeting with the business community so we agree on clear ground rules which ensure fair play in the market. It is not the intention of Government to interfere with the operation of business. However, where clear failures become evident and rampant in the market, the hand of Government will inevitably show. To avoid this, I urge our business community to demonstrate leadership, empathy and patriotism while recovery takes root

The president also noted that wages were eroding on a daily basis as he said price increases were unjustified against static or declining wages: