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Harare Seeks Negotiated Business Compliance With Price Controls


Days after placing business executives under arrest for violating price controls, the Zimbabwean government has agreed to not to resort to such tactics pending a more definitive resolution of such pricing disputes, especially with the bakery sector.

Confederation of Zimbabwe Industries President Callisto Jokonya said charges against managers had been dropped and that a compromise on prices in the current hyperinflationary environment would be worked out some time this week.

Jokonya gave reporter Patience Rusere of VOA's Studio 7 for Zimbabwe details of the deal hammered out by business leaders with the Ministry of Industry, the Attorney General's Office and police.

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