Spiralling operating costs jolt business

15

EVER rising operating costs, primarily driven by surging imported inflation, the weakening Zim dollar and soaring administered prices have become a major issue for many businesses.
In this regard, experts who spoke to The Financial Gazette this week urged authorities to temper their administered prices, including those relating to fuel, power and road tolls — which are major drivers of the local cost of doing business.

This comes after the Zimbabwe Energy Regulatory Authority (Zera) once again hiked fuel prices last week, as the Russia-Ukraine war continues to batter global supply chains and markets.