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.State Media