{"id":60346,"date":"2022-06-05T15:36:07","date_gmt":"2022-06-05T13:36:07","guid":{"rendered":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/retailers-urge-govt-private-sector-to-review-salaries-as-prices-soar"},"modified":"2022-06-05T15:36:07","modified_gmt":"2022-06-05T13:36:07","slug":"retailers-urge-govt-private-sector-to-review-salaries-as-prices-soar","status":"publish","type":"post","link":"https:\/\/www.africa-press.cc\/zimbabwe\/all-news\/retailers-urge-govt-private-sector-to-review-salaries-as-prices-soar","title":{"rendered":"Retailers Urge Govt, Private Sector To Review Salaries As Prices Soar"},"content":{"rendered":"

Africa-Press – Zimbabwe. <\/strong><\/span>The Confederation of Zimbabwe Retailers (CZR) has attributed the recent bread price increase to rising inflation, which jumped to 131.7% in May, from 96.4% recorded in April.<\/p>\n

On Saturday, retailers hiked the price of bread to ZWL$640 or US$2.10 from ZWL$450.<\/p>\n

CZR president Denford Mutashu said there is a need for both the public and private sectors to increase salaries as the majority of workers can no longer afford basic foodstuffs such as bread. Said Mutashu:<\/p>\n

This has been caused by the unrelenting parallel market rate. It has caused pressure on the cost of doing business.<\/p>\n

The general public is no longer affording the basic commodities.<\/p>\n

There is now a need for the private and public sectors to raise salaries as workers cannot go into a supermarket and come out with a basket of all the basic commodities.<\/p>\n

Progressive and Patriotic Citizens of Zimbabwe (PAPCOZ), a pressure group aligned with ZANU PF, urged the Government to intervene and stop the price hikes. It said:<\/p>\n

The citizens and consumers of Zimbabwe under PAPCOZ note with grave concern the appalling and unjustified increase in commodity prices.<\/p>\n

We shall also push for the seizure of licenses of those businesses that are found on the wrong side of the law.<\/p>\n

Reports indicate that some bakeries are refusing to sell bread in Zimbabwe dollars due to a lack of confidence in the local currency.<\/p>\n

During the GNU era, from 2009 to 2013, bread was retailing at less than US$1 while a substandard loaf of bread was being sold for just US$0.50.<\/p>\n

For More News And Analysis About Zimbabwe<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Zimbabwe. The Confederation of Zimbabwe Retailers (CZR) has attributed the recent bread price increase to rising inflation, which jumped to 131.7% in May, from 96.4% recorded in April. On Saturday, retailers hiked the price of bread to ZWL$640 or US$2.10 from ZWL$450. CZR president Denford Mutashu said there is a need for both […]<\/p>\n","protected":false},"author":84,"featured_media":60345,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,6,35,15],"tags":[1493,2189,2206,3818,4819,3806,2205,5311,19],"class_list":{"0":"post-60346","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-all-news","8":"category-economy","9":"category-homepage-english","10":"category-twitter","11":"tag-africa-press","12":"tag-africa-press-zimbabwe-2","13":"tag-bread-2","14":"tag-bread-prices","15":"tag-czr","16":"tag-denford-mutashu","17":"tag-price-of-bread","18":"tag-retailers","19":"tag-zimbabwe"},"yoast_head":"\nRetailers Urge Govt, Private Sector To Review Salaries As Prices Soar - zimbabwe<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/retailers-urge-govt-private-sector-to-review-salaries-as-prices-soar\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Retailers Urge Govt, Private Sector To Review Salaries As Prices Soar\" \/>\n<meta property=\"og:description\" content=\"Africa-Press – Zimbabwe. The Confederation of Zimbabwe Retailers (CZR) has attributed the recent bread price increase to rising inflation, which jumped to 131.7% in May, from 96.4% recorded in April. On Saturday, retailers hiked the price of bread to ZWL$640 or US$2.10 from ZWL$450. 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