Uncategorized

Shortages show the poverty of ideas in govt

NewsDay Staff ·

THE shortage of most locally-manufactured basic commodities due to the shocking decision by President Emmerson Mnangagwa’s government to impose a blanket ban on bank lending to everyone, including the manufacturing sector, exposes the incompetence that permeates the corridors of power.

Zimbabwe is currently experiencing a sharp increase in prices for basic commodities, especially cooking oil and mealie-meal which are fast disappearing from shop shelves.

Wholesalers at the weekend were selling a case of (12) two-litre cooking oil bottles for US$80, an increase from US$53 just a fortnight ago.

This story is for NewsDay subscribers.

Discover more from Newsday

Subscribe now to keep reading and get access to the full archive.

Continue reading