basic commodities 2.jpgA cross section of the public in Harare have warned retailers from unilateral increase of prices of basic commodities while urging local industry to ensure that basic products are availed on the market in response to the recent reintroduction of taxes on processed food stuffs by government in the Mid-Term Fiscal Policy.

People who spoke to ZBC News said the business community should behave responsibly by maintaining reasonable prices of food stuffs saying the introduction of taxes on imported food stuffs should not be taken as passport to profiteering.

Others said the move to reintroduce taxes on processed food stuffs is a welcome development to the local industry, but urged manufactures to take advantage of the move and increase their capacity utilisation in a bid to ensure that products are readily available on the market.

Presenting his Mid-Term Fiscal Policy review, Finance Minister Tendai Biti said government took into consideration submissions by local business community and saw it prudent to reintroduce taxes on processed foodstuffs in a bid to protect the local market.