Saturday, May 19, 2007

Where Inflation is the Opposition

Zimbabwe's inflation watch;

Year-on-year inflation rose 1,500 points in April to 3,714 per cent from 2, 200 per cent in March.

President Robert Mugabe's government is setting up a National Incomes and Pricing Commission to monitor price trends of goods and services through regular surveys and inspections, starting with basic items like bread, cooking oil, meat, school fees and transport.

It will determine prices and investigate pricing violations. People convicted of offences under the new legislation face maximum prison terms of five years


Related;
Mugabe government accuses Australia of financing terror

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