Accessibility links

Breaking News

Harare Launches New Crackdown On Business, Alleging Price-Gouging

Zimbabwe's National Incomes and Pricing Commission has launched a new blitz against businesses which it accuses of overpricing, arresting a number of retailers.

Authorities last week declared price increases unjustified, and told retailers to return prices to Dec. 3 levels. But retailers said doing so would put them out of business.

Director Sam Ncube of the Affirmative Action Group in Matabeleland told reporter Jonga Kandemiiri of VOA's Studio 7 for Zimbabwe that the Reserve Bank of Zimbabwe rather than retailers was to blame as it printed money and fueled inflation, sending prices higher.

More reports from VOA's Studio 7 for Zimbabwe...