Basic commodity price hikes loom

An increase in prices of basic commodities and other products is looming in Zimbabwe, as fuel prices continue on an upward trend, the Confederation of Zimbabwe Retailers (CZR) has warned.

Fuel prices have gone up significantly across the country in the past few weeks and the government has said there was nothing it could do about that.

“Fuel is one of the major cost drivers and the increase in price at local and global level obviously has a negative bearing on general pricing in the economy.

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