President Emmerson Mnangagwa has succumbed to pressure from ordinary Zimbabweans and has called for a national dialogue with opposition parties, religious leaders as well as civic leaders.
President Mnangagwa's announcement of a steep increase in the fuel price over a week ago led to angry protests in the capital, Harare, and the south-western city of Bulawayo.
Zimbabwean President Emmerson Mnangagwa has broken off a trip to Europe.
The President had been due to attend the Davos economic summit where he was expected to seek investment for Zimbabwe.
Writing on his Twitter page, President Mnangagwa said all stakeholders must put differences aside.
I invite leaders of all political parties as well as religious and civil leaders to set aside our differences and come together. What unites us is stronger than what could ever divide us. Let's begin a national dialogue. Let's put the economy first. Let's put the people first 4/4 -- President of Zimbabwe (@edmnangagwa) January 22, 2019