{"id":65266,"date":"2022-08-30T09:25:02","date_gmt":"2022-08-30T07:25:02","guid":{"rendered":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/nick-mangwana-the-prices-are-coming-down"},"modified":"2022-08-30T11:37:41","modified_gmt":"2022-08-30T09:37:41","slug":"nick-mangwana-the-prices-are-coming-down","status":"publish","type":"post","link":"https:\/\/www.africa-press.cc\/zimbabwe\/all-news\/nick-mangwana-the-prices-are-coming-down","title":{"rendered":"Nick Mangwana: \u201cThe Prices Are Coming Down\u201d"},"content":{"rendered":"

Africa-Press – Zimbabwe. <\/strong><\/span>The permanent Secretary in the Ministry of Information, Publicity, and Broadcasting Services, Nick Mangwana, has said prices of commodities are \u201ccoming down.\u201d<\/p>\n

Mangwana attached a picture of cooking oil and Mazoe peach to the message he posted on Twitter. He said:<\/p>\n

The prices are coming down. It\u2019s all making sense.<\/p>\n

Cooking oil prices are going down in reality. At one leading wholesale in Zvishavane a box of Pure Drop was $43 in June and now it\u2019s $33.<\/p>\n

Prices of commodities have been going up since the beginning of the year with authorities citing the war in Ukraine which affected trade in the geoeconomics arena.<\/p>\n

Inflation was also being fuelled by the collapse of the Zimbabwe dollar that has since its reintroduction in June 2019 been losing value against other currencies, particularly the United States dollar.<\/p>\n

The exchange rate on the informal market seems to have stabilised in recent weeks and authorities attribute the relative stability to the introduction of the Mosi-oa-Tunya gold coins.<\/p>\n

The Reserve Bank of Zimbabwe (RBZ) introduced the coins on the 25th of July 2022 in a bid to stabilise the economy by easing demand for US dollars and storing the value of money after the Zimbabwe dollar lost more than two-thirds of its value against the USD this year.<\/p>\n

Some analysts argue that the relative stability might be shortlived hence the need for authorities to establish sustainable solutions.<\/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 permanent Secretary in the Ministry of Information, Publicity, and Broadcasting Services, Nick Mangwana, has said prices of commodities are \u201ccoming down.\u201d Mangwana attached a picture of cooking oil and Mazoe peach to the message he posted on Twitter. He said: The prices are coming down. It\u2019s all making sense. Cooking oil […]<\/p>\n","protected":false},"author":84,"featured_media":65265,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,6,35,15],"tags":[1493,2189,1637,10757,19],"class_list":{"0":"post-65266","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-nick-mangwana","14":"tag-russia-ukraine-conflict-2022","15":"tag-zimbabwe"},"yoast_head":"\nNick Mangwana: \u201cThe Prices Are Coming Down\u201d - zimbabwe<\/title>\n<meta name=\"description\" content=\"The permanent Secretary in the Ministry of Information, Publicity, and Broadcasting Services, Nick Mangwana, has said pr ...\" \/>\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\/nick-mangwana-the-prices-are-coming-down\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nick Mangwana: \u201cThe Prices Are Coming Down\u201d\" \/>\n<meta property=\"og:description\" content=\"The permanent Secretary in the Ministry of Information, Publicity, and Broadcasting Services, Nick Mangwana, has said pr ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/nick-mangwana-the-prices-are-coming-down\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-30T07:25:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-08-30T09:37:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2022\/08\/postQueueImg_8-630dda4dc6ef3.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"479\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/nick-mangwana-the-prices-are-coming-down\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/nick-mangwana-the-prices-are-coming-down\",\"name\":\"Nick Mangwana: \u201cThe Prices Are Coming Down\u201d - zimbabwe\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/nick-mangwana-the-prices-are-coming-down#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/nick-mangwana-the-prices-are-coming-down#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2022\/08\/postQueueImg_8-630dda4dc6ef3.jpg\",\"datePublished\":\"2022-08-30T07:25:02+00:00\",\"dateModified\":\"2022-08-30T09:37:41+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/2e02b5816e71b1149d79877f669a85e4\"},\"description\":\"The permanent Secretary in the Ministry of Information, Publicity, and Broadcasting Services, Nick Mangwana, has said pr ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/nick-mangwana-the-prices-are-coming-down#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/nick-mangwana-the-prices-are-coming-down\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/nick-mangwana-the-prices-are-coming-down#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2022\/08\/postQueueImg_8-630dda4dc6ef3.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2022\/08\/postQueueImg_8-630dda4dc6ef3.jpg\",\"width\":720,\"height\":479,\"caption\":\"Nick Mangwana: \u201cThe Prices Are Coming Down\u201d\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/nick-mangwana-the-prices-are-coming-down#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.cc\/zimbabwe\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Nick Mangwana: \u201cThe Prices Are Coming Down\u201d\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#website\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/\",\"name\":\"zimbabwe\",\"description\":\"\u0623\u062e\u0628\u0627\u0631 \u064a\u0648\u0645\u064a\u0629 \u0639\u0644\u0649 \u0645\u062f\u0627\u0631 \u0627\u0644\u0633\u0627\u0639\u0629\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/zimbabwe\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/2e02b5816e71b1149d79877f669a85e4\",\"name\":\"cfeditoren\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Nick Mangwana: \u201cThe Prices Are Coming Down\u201d - zimbabwe","description":"The permanent Secretary in the Ministry of Information, Publicity, and Broadcasting Services, Nick Mangwana, has said pr ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/nick-mangwana-the-prices-are-coming-down","og_locale":"en_US","og_type":"article","og_title":"Nick Mangwana: \u201cThe Prices Are Coming Down\u201d","og_description":"The permanent Secretary in the Ministry of Information, Publicity, and Broadcasting Services, Nick Mangwana, has said pr ...","og_url":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/nick-mangwana-the-prices-are-coming-down","og_site_name":"zimbabwe","article_published_time":"2022-08-30T07:25:02+00:00","article_modified_time":"2022-08-30T09:37:41+00:00","og_image":[{"width":720,"height":479,"url":"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2022\/08\/postQueueImg_8-630dda4dc6ef3.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/nick-mangwana-the-prices-are-coming-down","url":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/nick-mangwana-the-prices-are-coming-down","name":"Nick Mangwana: \u201cThe Prices Are Coming Down\u201d - zimbabwe","isPartOf":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/nick-mangwana-the-prices-are-coming-down#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/nick-mangwana-the-prices-are-coming-down#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2022\/08\/postQueueImg_8-630dda4dc6ef3.jpg","datePublished":"2022-08-30T07:25:02+00:00","dateModified":"2022-08-30T09:37:41+00:00","author":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/2e02b5816e71b1149d79877f669a85e4"},"description":"The permanent Secretary in the Ministry of Information, Publicity, and Broadcasting Services, Nick Mangwana, has said pr ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/nick-mangwana-the-prices-are-coming-down#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/zimbabwe\/all-news\/nick-mangwana-the-prices-are-coming-down"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/nick-mangwana-the-prices-are-coming-down#primaryimage","url":"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2022\/08\/postQueueImg_8-630dda4dc6ef3.jpg","contentUrl":"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2022\/08\/postQueueImg_8-630dda4dc6ef3.jpg","width":720,"height":479,"caption":"Nick Mangwana: \u201cThe Prices Are Coming Down\u201d"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/nick-mangwana-the-prices-are-coming-down#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.cc\/zimbabwe\/"},{"@type":"ListItem","position":2,"name":"Nick Mangwana: \u201cThe Prices Are Coming Down\u201d"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/zimbabwe\/#website","url":"https:\/\/www.africa-press.net\/zimbabwe\/","name":"zimbabwe","description":"\u0623\u062e\u0628\u0627\u0631 \u064a\u0648\u0645\u064a\u0629 \u0639\u0644\u0649 \u0645\u062f\u0627\u0631 \u0627\u0644\u0633\u0627\u0639\u0629","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/zimbabwe\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/2e02b5816e71b1149d79877f669a85e4","name":"cfeditoren"}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/posts\/65266","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/comments?post=65266"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/posts\/65266\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/media\/65265"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/media?parent=65266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/categories?post=65266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/tags?post=65266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}