Price Control In A Crippling Economy

ISBN-13: 9783845477138 / Angielski / Miękka / 64 str.

Emmanuel Dumbu; Dondofema Jotamu

Opis

This research sought to establish the impact of price control on availability of basic commodities on the formal market in Masvingo District. The rationale behind it was to address the negative impacts, making basic commodities accessible to the majority at affordable prices. This resulted from unscrupulous dealings during price control leading to price hiking and empty shelves. The descriptive Survey was used as the research design with the population of 100 business people where 20% was regarded for a sample through random sampling. The questionnaire was used as the research instrument following its assessment for validity. Collected data was presented in form of tables and figures for clarity and easy of understanding. Percentages were used for the processed data in the process of analyzing it. The study showed that price control impacted on availability of basic commodities on the formal market negatively through price hiking, hoarding and removal from shelves to create shortages, divergence of the goods to parallel market and provision of substandard goods in terms of both quality and quantity.

O autorze

Dondofema Jotamu is the Vice Principal of Mulezu Agricultural College and he holds a Master of Business Administration (Z.O.U) Zimbabwe. Emmanuel Dumbu is Faculty of Commerce and Law Post Graduate Programme Coordinator at Zimbabwe Open University (ZOU) Masvingo Region. He completed MBA from ZOU (Zimbabwe), BAdmin Economics from UNISA (S.A), and C.E from Morgenster Teachers' College (Zimbabwe). His area of interest is economics, project management, and economic development.