Panicky consumers hoard goods to escape price rage

BY TANYARADZWA NHARI
BASIC commodity shortages have returned to haunt consumers, prompting them to hoard goods to escape a devastating price rage, it has emerged.

A significant part of hoarded goods have ended up on the black market, while others are kept in homes by consumers weary of rampaging prices triggered by currency manipulation, according to the Consumer Council of Zimbabwe (CCZ).

“Some people are now hoarding basic commodities in anticipation of a looming food crisis,” CCZ spokesperson Chris Kamba told NewsDay Business.

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