Weekly News via Email
   Set as homepage | Add to favorites | Customer Service | Subscribe Now | Place an Ad | Contact Us | Sitemap Thursday, 10.23.2014
Classifieds
News Archive
Su Mo Tu We Th Fr Sa
 1  2  3  4
 5  6  7  8  9  10  11
 12  13  14  15  16  17  18
 19  20  21  22  23  24  25
 26  27  28  29  30  31
Online Extras
Site Services
Around Bend
Outdoor Fun
Travel Info
Shop Local




Members Of



Poll: Today's Live Poll
Email to a friend | Print this | PDF version | Comments (0 posted) 
  Blogger |   del.icio.us |   digg |   newsvine

Aug 31,2007
Mugabe imposes wage and price freeze
by UPI

HARARE, Zimbabwe - President Robert Mugabe has ordered a complete price and wage freeze for all goods and services in Zimbabwe.

In an executive order Thursday, the president also increased the power of the National Incomes and Pricing Commission, The Herald, a Harare newspaper, reported. He banned any indexing of prices or salaries to the consumer price index.

Zimbabwe’s economic crisis began when Mugabe seized white-owned farms, gutting one of the country’s major source of exports. He recently dealt with out-of-control inflation by imposing wage and price controls that brought most economic activity to a halt.

The new more stringent regulations can remain in effect for six months by executive order and would then need presidential approval.


Copyright © 2007, by United Press International. All Rights Reserved.

1071 times read

Related news
Newspapers raided after price hike by UPI posted on Nov 09,2007

Mugabe warns of possible war in vote flap by UPI posted on Jun 13,2008

Businesses to hand power to Zimbabweans by UPI posted on Mar 10,2008

Court to hear election case, not sure when by UPI posted on Apr 07,2008

Runoff election in Zimbabwe likely by UPI posted on Apr 02,2008

Did you enjoy this article? Rating: 5.00Rating: 5.00Rating: 5.00Rating: 5.00Rating: 5.00 (total 21 votes)

Market Information
Breaking News
Most Popular
Most Commented
Featured Columnist
Horoscope Guide
Aquarius Aquarius Libra Libra
Aries Aries Pisces Pisces
Cancer Cancer Sagittarius Sagittarius
Capricorn Capricorn Scorpio Scorpio
Gemini Gemini Taurus Taurus
Leo Leo Virgo Virgo
Local Attractions
Bend Visitors & Convention Bureau
Bend Visitors & Convention Bureau

Mt. Bachelor Resort
Mt. Bachelor Resort

Les Schwab Ampitheater
Les Schwab Ampitheater

Deschutes County Fairgrounds
Deschutes County
Fairgrounds

Tower Theatre
Tower Theatre

The High Desert Museum

Advertisements



Deschutes County

Google  
  Web    BendWeekly.com
© 2006 Bend Weekly News
A .Com Endeavors, Inc. Company.
All Rights Reserved. Terms under
which this service is provided to you.
Please read our Privacy Policy. Contact us.
Bend Weekly News & Event Guide Online
   Save the Net
Advertisement
External sites open in new window,
not endorsed by BendWeekly.com
Subscribe in NewsGator Online
Add to Google Add to MSN Add to My AOL
What are RSS headlines?