Zimbabwe to freeze prices indefinitely - report

(Reuters) - Zimbabwe's government will this week enforce an indefinite price freeze in a bid to rein in runaway inflation that has ravaged consumers and increased political tensions, official media reported on Sunday.

President Robert Mugabe's government has ordered a roll back of all prices to June 18 levels after accusing businesses of unjustified increases and has formed a crack team that includes the police and military, to enforce the directive.


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Zimbabwe deploys prices crack unit, arrests Mugabe man

(Reuters) - The Zimbabwe government has deployed a crack security unit in a desperate fight against hyperinflation, and arrested more than 20 business executives, including a ruling party senator, for breaching price controls.

President Robert Mugabe -- facing the highest inflation rate in the world and simmering political tension -- last week ordered consumer prices slashed by half after the cost of some goods rose by up to 300 percent within a week, reflecting a deepening economic crisis many blame on his policies.


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Zimbabwe reviews inflation calculation, delays data

(Reuters) - Zimbabwe is reviewing how it calculates inflation and will delay the release of May data, a government official said on Wednesday, as the country grapples with hyper-inflation.

President Robert Mugabe's government has declared the country's galloping inflation -- put at more than 3,700 percent in April -- as its number-one enemy. But prices continue to rise relentlessly, jumping by as much as 300 percent in the past week alone after the local currency tumbled.


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