‘Profiteers’ fanning Zimbabwe inflation: Mugabe
President Robert Mugabe has taken a new swipe at Zimbabwe’s ailing business sector, accusing bosses of fanning record inflation by overcharging before the imposition of price cuts, state media said Monday. While retailers and manufacturers struggle to absorb the impact of government-ordered price cuts, Mugabe said efforts to revive the economy had been undermined by “business malpractices” and sanctions imposed by the West. Full Story