Featured
Search
Advanced Search
Learn More

Voxant's Newsroom has a huge collection of video, text, and photos from over 300 news sources. Find in-depth news, embed it to your site, and build community!

About Us
Embedding
Getting Paid
NewsPERKS

Zimbabwe polices price rises

July 13, 2007

Zimbabwe arrests and fines retailers who failed to implement an order to freeze prices on basic consumer goods. The head of the country's largest supermarket chain has been among those arrested and more than 1,700 executives and companies have been fined for failing to keep prices in check. Zimbabwe is grappling with a huge inflation rate of 4,500 percent and the country is at breaking point as the government tries to prevent economic meltdown.