MANGUDYA FUMES OVER PRICE HIKES
The Reserve Bank of Zimbabwe (RBZ) Governor Dr John
Mangudya yesterday slammed businesses for wantonly raising prices of basic
commodities based on the movement of the exchange rate, saying it was not a
significant factor to determine the value of a …
The Reserve Bank of Zimbabwe (RBZ) Governor Dr John
Mangudya yesterday slammed businesses for wantonly raising prices of basic
commodities based on the movement of the exchange rate, saying it was not a
significant factor to determine the value of a product.
Dr Mangudya said businesses were exaggerating the effect of
exchange rate in determining prices of goods and services.
He said this