Hikes of price touches the hearts of global citizens. But the issue were exceptional in African communities where relative porverty gnawing the low and middle income earners.
As state actors were and still are interested in collecting rational and irrational loans from International lending institutions, the continent and its population are receiving punches of the debt conditionalities.
The tragedies of the debt burden is cumbersomely dragging the people into dark alley. While bouncers and debt collectors are waiting with ion glob.
The system of economic activities is only favourable to some people by monopolising the means of producing goods and services which are life necessities.
However, those bourgeoises whose will of making profits are contrary to what used to be seen in the normal practice of the capitalists oriented people.
The system met with extra obstacles of the middlemen or to call them with their proper name "wholesalers" who use to give out the trade credit to the companies, and it granted them right of being monopolistic dealers.
As nowadays African communities embraced the capitalistic ideology, the producers of commodities mercilessly operate their activities.
While government at various levels were only concern with taxation instead of mediating the forces of demand and supply in the open market.
Thus, the poor masses are hung in the air and the weather is not favourable. Being in the hand of producers with speedy will of profit making, plus monopoly in practice.
Wholesalers whose mind were clockwise working and looking for irrational profit by hoarding the products; one will not expect to see retailer with different philosophy.
Therefore, it is of paramount for the stakeholders to prepare for the realistic but sanitised economies in African countries. Moreover such a move will ease the situation and bring about positive impacts on security challenges and other social vices.
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