Mnangagwa must deal with economy to avert collapse

BAKERS will today increase the price of bread to $1,40 following a government commitment to avail 80% of their foreign currency requirements.

This came hardly a week after government last weekend moved in swiftly to block bread price increases to $2,20 from $1,10, with bakers citing high production costs.

It appears President Emmerson Mnangagwa, who on Monday met captains of industry and business, buckled under pressure.

This story is for NewsDay subscribers.