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Own Correspondent HARARE – Zimbabwe central
bank chief Gideon Gono on Wednesday condemned a controversial government
crackdown on prices that is blamed for triggering widespread shortages of basic
goods around the country. Addressing a press
conference in Harare, Gono said the government was working flat out to ensure
that empty shop shelves are replenished. The Zimbabwean government
last June ordered all shops to reduce prices by 50 percent after President
Robert Mugabe accused business leaders of hiking prices in an attempt to foment
rebellion against his government. The crackdown however backfired
as it resulted in empty shop shelves as retailers failed to replenish stocks. “Of what use are cheap
goods when they are not available?” said Gono, a trusted Mugabe lieutenant who
is among the few government officials who have openly criticised the price
crackdown. The Reserve Bank of
Zimbabwe (RBZ) governor said the government was working flat out to ensure that
goods are back on supermarket shelves and the return of viability in the
business sector. “With the measures that
we are putting in place and the close working relationship we are having, not
just with manufacturers, but also with the retailers, Zimbabweans can expect to
see a return to normalcy on their shelves. “There is going to be
return to normalcy, but in an environment that respects the viability of
producers of goods and services, and we must not be tempted to go back to the
anarchy of the last three months," said Gono, who is regarded as among the
few voices of reason in government. The Zimbabwean government
was last August forced to make an embarrassing climb down on the price
directive resulting in some essential commodities reappearing in most
supermarkets. Zimbabwe, once regarded
as a model economy in Africa, is in the grip of its worst ever economic crisis
that has manifested itself in widespread shortages of basic goods, rampant
inflation of over 7 000 percent and rising poverty. Western governments and
the main opposition Movement for Democratic Change (MDC) party accuse Mugabe,
in power since independence from Britain 27 years ago, of ruining the country,
a charge Mugabe denies. - ZimOnline |