Joining CNBC Africa is Viccy Baker, Founder of Retail Price Watch, which is said to be the country’s consumer price watch dog as we discuss how the increased VAT rates will affect the average consumers.


  1. …VAT,or Markup Price is the main driver of inflation,which establish Profit Range,BY A PRODUCER for product market control,at any given time,…therefore,Poverty is economically induced,..and without a cost of living adjustment (C.O.L.A.) or profit sharing ( distributed employee
    shares of producers profits). Pauperization..HAS DRIVEN WORLD ECONOMIES SINCE THE BEGINNING OF TIME, that servitude exist.

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