Newspaper prices up
Price Watch
August 17, 2008 | By Metro Staff Writer | © zimbabwemetro.com ⋅
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THE cover price of The Sunday News has gone up with immediate effect from $15 to $60.
Zimpapers chief executive officer, Mr Justin Mutasa, said the increases were necessitated by astronomical increases in prices of raw materials used in the production of the newspaper.
He said prices of printing inks went up by 2400 per cent while printing plates had gone up by 2500 per cent and printing films by 8400 percent.
Mr Mutasa added that the labour costs were increased by 488 per cent.
I thought That idiot gono had declared a pay and price freeze for 6 months.Does this only affect private individuals.Hey gono,your zero’s are coming back.You are nothing but a fool.
Zimbabwe makes it into the Guinness book of world records.Annual inflation rate 11.2 million % (the herald). Actual inflation rate 300 million %. The highest inflation rate ever recorded in the history of mankind.Well done Gideon Gono and the RBZ for your achievment.We must all congratulate you on your expertise.