The slashing of prices that is. In Zimbabwe roughly 1,300 shop owners and managers have been fined thousands of dollars following governmental raids across the country. Some shop owners have even been arrested for non-compliance of a direct order to cut product prices in half. These measures in an attempt to help curb the out of control inflation rate currently at 4,000%. Some independent institutions estimate that actual inflation rates may be upwards of 9,000%.
If businesses do not comply the government will turn to nationalized distribution where products can only be purchase by government officials designated to each community.
If the crisis continues the private distribution of oil and gas will be halted as early as Wednesday of this week. One solution includes the monetary backing of the South African rand, which may create some economic stability in the area.
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