Zimbabwe: Regulator Warns Manufacturers Against Setting Maximum Prices


THE Competition and Tariffs Commission (CTC) has issued a stern warning against manufacturers who are in the habit of setting maximum selling prices for retail and wholesale outlets highlighting that such practices contradicted the set law.

The remarks are a slap in the face for members of the public who expect authorities to act against unscrupulous businesses violating the exchange rates by charging much higher prices.

But in a recent update, CTC said specifying minimum and maximum price ranges…

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