Govt To Meet Manufactures And Retailers Over Price Increases

Industry and Commerce Minister Mangaliso Nqobizitha Ndlovu said his Ministry will today meet manufacturers and retailers over price hikes.

He said the meeting will seek to establish the reasons behind the price increases. Said Ndlovu:

The issue of price hikes is temporary and it’s being addressed. And for any investor what is more critical is how Government responds to such hikes and our response has been engagement. We should be able to work things out. Tomorrow we are having a critical engagement session with manufactures and retailers to try and identify critical costs push factors.

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