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Zanu PF activist calls for re-introduction of price controls
25 Aug 2015 at 22:06hrs | Views
Fidelis Fengu
Zanu PF activist Fidelis Fengu has called for the re-introduction of the price controls in what he claimed would regulate the wages, rentals, rates and reduce taxes.
"Source of our problems right now as a nation - over valuing the US Dollar (which has benefited the High End Executive and his middle-men)," he said.
"Solution - like it or hate maybe its time to re introduce price controls or stringent regulations on wages , rentals , rates , reduced taxes. Some might argue that price controls will take us back to 2008, I doubt very much since we are now using the US dollar."
He said profit margins have to be lower , and people must focus on pushing volumes of production costs have to be lowered as well.
"Source of our problems right now as a nation - over valuing the US Dollar (which has benefited the High End Executive and his middle-men)," he said.
"Solution - like it or hate maybe its time to re introduce price controls or stringent regulations on wages , rentals , rates , reduced taxes. Some might argue that price controls will take us back to 2008, I doubt very much since we are now using the US dollar."
He said profit margins have to be lower , and people must focus on pushing volumes of production costs have to be lowered as well.
Source - Byo24News