Zimbabwe: Baking Industry Faces Collapse
Posted at April 16, 2008 by Business and Industry
Zimbabwe: Baking Industry Faces Collapse.
THE baking industry is heading for disaster, as sky-rocketing input costs and an unviable pricing system take their toll amid revelations that a crackdown on bakers is on its way.
Industry players told Standardbusiness flour and fuel were not readily available and the sector was buying flour at more than the regulated $1.2 billion a tonne set by the National Incomes and Pricing Commission (NIPC).
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