Zim blames shops for inflation

Sneeky

Honorary Master
Joined
May 5, 2004
Messages
12,129
Naughty shops for raising prices.

HAHA

"The Reserve Bank also appeals to sellers of goods and services to please have a heart and protect the interest of consumers," Gideon Gono said at a news conference.

"We have noted sadly that almost every time new currency denominations are introduced or when workers earnings are introduced, prices are increased unjustifiably.

"As central bank, we condemn such practices in the strongest terms."

On Thursday, Gono introduced a raft of new denominations, including 100 million, 50 million and 10 million dollars. The largest bill is worth only about 14 US dollars, and its value erodes by the day.

http://www.fin24.com/articles/default/display_article.aspx?Nav=ns&ArticleID=1518-1783_2437550
 
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