Price cuts ordered to curb inflation
From Times Wire Reports
Inspectors and police raided stores to enforce sweeping price cuts imposed to curb Zimbabwe’s soaring inflation, and shoppers fought over rapidly disappearing supermarket staples.
At least 20 business executives were arrested over the weekend on charges of hoarding goods and violating the government’s order last week to slash prices of most products by half, the official Sunday Mail reported. Gasoline prices were ordered reduced 70%, and stations quickly ran dry.
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