Mugabe tells Parliament price freeze to stay

Zimbabwe president Robert Mugabe today said there was no going back on price controls and told MPs they faced a massive task in guiding Zimbabwe through what he called “adverse challenges” in the nation’s economic crisis.

A government order last month to slash prices by around 50% to curb inflation has led to acute shortages of staple foods, petrol and many basics, including matches needed during daily power and water outages.