Retailers, manufacturers end tiff

07 Dec, 2018 - 00:12 0 Views

eBusiness Weekly

Retailers and manufacturers have put aside their differences over the causes of product shortages and resultant spiral in prices in October.This comes as normalcy has somewhat returned in the supply of products to most shops following several weeks of turbulent times due to the supply gaps, price increases and shortages of basic commodities after the Government indefinitely suspended Statutory Instrument 122 of 2017.

The regulation is a trade policy restricting the importation of some selected goods. The shortages had become so intense that retailers had threatened to expose some “unscrupulous” manufacturers whom they claimed were deliberately starving the market of basic commodities.

The retailers were compiling a list of producers implicated in creating the artificial shortages witnessed nationwide in the few weeks for onward submission to the Ministry of Industry and Commerce. But in a recent interview with The Herald Business, Confederation of Zimbabwe Retailers (CZR) president Mr Denford Mutashu, confirmed the threat to expose “unscrupulous” manufacturers had been dropped. — Herald Business.

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