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"I Know You Are Suffering Because Of Price Issues" - President Mnangagwa

1 year agoFri, 10 Jun 2022 18:03:13 GMT
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"I Know You Are Suffering Because Of Price Issues" - President Mnangagwa

President Emmerson Mnangagwa said he is aware that the country is experiencing a food price hike crisis which he blamed on saboteurs and supply chain monopolies.

Addressing ZANU PF supporters at the Murewa centre, Mnangagwa promised villagers that his administration would deal with the food crisis. He said:

I know you are suffering because of price issues, especially in the food sector. They are doing this to sabotage us; they want you to turn against us. This is because we have few companies and they monopolise the food sector.

As government we are doing much to break this monopoly, especially on the supply side. One of the remedies is to suspend import duty on basic goods.

We found out that we need 470 000 metric tonnes of wheat in this country per year. We used to produce wheat that would last for two months while importing the rest. We then came up with ideas to increase wheat productivity, and our wheat is now lasting us 11 months, hence the remainder is imported. We are going to have wheat that lasts us 13 months next month. It will be sufficient, hence bread prices will go down.

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Prices of basic commodities like bread and other foodstuffs have gone beyond the reach of many with bread now costing as much as $945.

Mnangagwa addressed the villagers soon after officially opening a Registrar-General’s office at Murewa centre, whose construction started about 17 years ago.

He also promised the villagers free food handouts to deal with food insecurity.

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