Zimbabwe: Govt Price Controls a Sure Path to Market Instability – AuthenticAfrican

Posted on by All Africa

[Zimbabwe Independent] The government passed a price moratorium (prize freeze) on April 22, 2020. The moratorium compels retailers and producers to revert back to the prices that prevailed on March 25, 2020. The moratorium was a culmination of meetings between the government and various industry groupings, such as the Confederation of Zimbabwe Retailers (CZR), Consumer Council of Zimbabwe (CCZ), National Bakers Association of Zimbabwe (NBAZ), Grain Millers Association of Zimbabwe (GMAZ), Oil Expressors Association of Zimbabwe, N