Industry chiefs arrested over price increases


HARARE - Three directors from Zimbabwe 's largest milk supplier Dairibord, bread maker Lobels and Saltrama Plastics were arrested on at the weekend over unsanctioned price increases. Dairibord chief Benson Samudzimu was arrested after the wholesale price of milk went up from Z$185 to Z$250.

Lobels operations director Lemmy Chikomo was arrested after the company raised the price of bread from Z$200 to Z$335 a loaf. The managing director of Saltrama Plastics, Edward Madza, was also picked up – but plastics do not fall under the same category of essential items like milk and bread. All three were held at Mbare Police station over the weekend. A Herald report says they will all be charged with increasing the price of goods without authority from the Ministry of Industry and International Trade. – SWRadio Africa

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