News / National
Zim prices too high- policy analyst
18 Jan 2016 at 05:40hrs | Views
Bulawayo based police analyst Butler Tambo has said the Zimbabwean pricing models are high compared to the region a development which see shops swindling the unsuspecting clients of a lot of money.
"I have been asking myself who is really advising some of our leaders in Zimbabwe on economic issues because whoever it is should be fired with immediate effect," Tambo said. "For instance how can one want to raise the cost of non available electricity fully knowing that power is one of the biggest cost drivers of production in this country and it has already made Zimbabwean made products more expensive against regional equivalents.I got the shock of my life after buying a pair of shoes for the Grade 00 son of mine for US$18 in a shop in Bulawayo only for me to see the same pair of shoes being advertised in a south African shop on DSTV for R50 which translates to about US$3.You then ask yourself a question as to how will we ever compete and stop people from importing from South Africa especially now with the Rand on a free fall."
He said even if one factor in duty of US$5 per pair of shoes the pair that he bought for his son will still lend in Zimbabwe including transport for nothing more than US$10.
"Surely can we blame the collapse of the economy on sanctions when common sense should prevail on the Energy Minister that his move will totally collapse the little that was left of industry," he said.
"I have been asking myself who is really advising some of our leaders in Zimbabwe on economic issues because whoever it is should be fired with immediate effect," Tambo said. "For instance how can one want to raise the cost of non available electricity fully knowing that power is one of the biggest cost drivers of production in this country and it has already made Zimbabwean made products more expensive against regional equivalents.I got the shock of my life after buying a pair of shoes for the Grade 00 son of mine for US$18 in a shop in Bulawayo only for me to see the same pair of shoes being advertised in a south African shop on DSTV for R50 which translates to about US$3.You then ask yourself a question as to how will we ever compete and stop people from importing from South Africa especially now with the Rand on a free fall."
"Surely can we blame the collapse of the economy on sanctions when common sense should prevail on the Energy Minister that his move will totally collapse the little that was left of industry," he said.
Source - Byo24News
