Zimbabwe price hikes

[Borrowdale Barron]

What is causing the price hikes in the Republic of Zimbabwe that are unrealistic to the everyday consumer?

 

[Lenard]

Zimbabwe's price hikes are simply the primary evidence showing how bad the economy is and not only that but an illustration of government policy that needs close attention.

 

[Borrowdale Barron]

Zimbabwe's price hikes are simply the primary evidence showing how bad the economy is and not only that but an illustration of government policy that needs close attention.

Can ZANU-PF command pricing to fix things like fuel shortages in the Republic of Zimbabwe and panic buying?

 

[Lenard]

Can ZANU-PF command pricing to fix things like fuel shortages in the Republic of Zimbabwe and panic buying?

You have to know creating artificial fuel shortages benefits business people involved in that market since consumers will be willing to buy fuel at high prices. The same applies to other commodities.

 

[Borrowdale Barron]

You have to know creating artificial fuel shortages benefits business people involved in that market since consumers will be willing to buy fuel at high prices. The same applies to other commodities.

So what's the ultimate solution to Zimbabwe's price hikes?

 

[Lenard]

So what's the ultimate solution to Zimbabwe's price hikes?

Good governance and that's less likely going to happen anytime soon because the ruling ZANU-PF political party is now used to doing things that primarily benefit the political party first and later on catering to citizens.