The Ministry of trade in neighboring Rwanda has placed caps on food prices to prevent traders from hiking them due to the Coronavirus outbreak.

In a statement, the trade minister , cautions traders and retailers against exploiting buyers during this global crisis.

Minister of Trade and Industry Soraya Hakuziyaremye said that a taskforce made up of Ministry of Trade, Rwanda National Police, Rwanda Revenue Authority among others are making inspections and site visits to markets and shopping centres.

The inspections will among other things seek to ensure that there are no practices of hoarding, overpricing or any other retail malpractices.

She noted that currently, all goods in the market were acquired at ordinary costs before the coronavirus outbreak meaning that there is no justification for adjustment of prices.

This is after the government closed schools, universities and some offices, since the first confirmed case of COVID-19, last week, a figure that has since risen to 7.

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By URN

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