slowing down as people realise that everything is stabilising.”
His sentiments follow President Emmerson Mnangagwa’s assurance to the nation of the availability of all essential commodities, including fuel.
The President said there was no need for panic buying as Government has stepped up efforts to radically transform the economy.
Deputy Minister Modi said instead of profiteering from the panic situation, retailers should be more patriotic and support Government efforts to rebuild the economy.
“That (increasing prices) is wrong. Retailers are not supposed to be doing that. They are taking advantage of the fact that people will buy at whatever price that they put up. We had a meeting with PPC this afternoon and they haven’t increased the price of cement although shops are selling at three times their original price. A bag of cement they are supposed to sell for $10, is being sold for $30,” Cde Modi lamented.
“First of all people have to be more patriotic, they should support the Government. If Government does something they should not take it in the wrong direction. That is what they did. People are spreading wrong information to the public and things go bad like this.”
He said the unjustified price hikes were tantamount to sabotaging Government programmes.