Mnangagwa negotiates with PAC over price hikes.

President Emmerson Mnangagwa on Tuesday summoned his presidential advisory council to deal with escalating prices and the state of the economy

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President Emmerson Mnangagwa on Tuesday summoned his presidential advisory council to deal with escalating prices and the state of the economy

Briefing journalists after a two hour closed meeting with PAC, Mnangagwa said they had agreed to tackle the crisis through the tripartite negotiating forum.

The meeting was attended by his deputies, Constantino Chiwenga and Kembo Mohadi as well as other key ministers and the governor of the Reserve Bank of Zimbabwe governor John Mangudya.

“We have stretched a good two hours or so. It has been extremely educative on both sides, sharing of information, challenges facing our country and we are happy that all of us are concerned about our country and are putting our hands together to make sure we move our country forward as a people,” Mnangagwa said.

“The public sector, the private sector and we agreed that in future when the TNF is signed, it will become an Act very soon, the three elements will be together, we will move forward,” he said

The country has witnessed a wave of price increases of basic goods while salaries remained stagnant.

This has caused fear that protests could be in the offing as frustrated Zimbabweans demand for a better economy.

“We have met members of the PAC today, this is their third briefing with the President but today it was slightly different, we had economic ministers also present including the governor of the Reserve Bank,” he said.