Monday, March 16, 2009

SA retail investment a glimpse of what’s coming

By Kuthula Matshazi

RECENTLY, there have been concerns about South African businesses, especially supermarket retail chains flooding the Zimbabwe market with their goods.
This has been necessitated by the situation in Zimbabwe where there had been, in some instances, real and in other cases artificial shortages of basic foodstuffs.
In times when these shortages were acute, South Africa and Botswana became our shopping centres. As a business response to market demand, and exploiting the proximity of Zimbabwe to South Africa and the cordial political relations that we share, these businesses provided Zimbabwe with basic commodities. More...


Related Article: FINANCIAL REGIME CHANGE?, Robert Wade
New Left Review 53, September-October 2008

Courtesy: New Left Review

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