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How Zimbabwe's cartels extract 'rent' from Zimbabwe's poorest and make the elites richer

How Zimbabwe’s cartels extract ‘rent’ from Zimbabwe’s poorest and make the elites richer
Source:
MAVERICK CITIZEN EXCLUSIVE, PART TWO
Illustrative image | Sources: Zimbabwean President Emmerson Mnangagwa. (Photos: Waldo Swiegers / Getty Images | Flickr / Elena Kis | EPA-EFE/AARON UFUMELI | Luke MacGregor/Bloomberg via Getty Images | Cynthia R Matonhodze/Bloomberg via Getty Images
The publication by Maverick Citizen of the Report on Cartel Power Dynamics in Zimbabwe has raised some important questions about the presence and impact of cartels in Zimbabwe in particular and Southern Africa in general.
The report finds that there is consensus across political parties, academics, and wider society that cartels “go against the public interest” and are characterised by collusion between the private sector and influential politicians to attain monopolistic positions, fix prices and stifle competition. ....

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How Zimbabwe's Cartels Extract 'Rent' From The Poor

By Maverick Citizen
THE publication by Maverick Citizen of the Report on Cartel Power Dynamics in Zimbabwe has raised some important questions about the presence and impact of cartels in Zimbabwe in particular and Southern Africa in general.
The report finds that there is consensus across political parties, academics, and wider society that cartels “go against the public interest” and are characterised by collusion between the private sector and influential politicians to attain monopolistic positions, fix prices and stifle competition.
In Zimbabwe, as the report finds, “institutions for regulating property rights, law and finance have been ensnared, and are actively abused to facilitate rent-seeking by cartels”. ....

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