Kenya used to have price controls and the reason they were lifted was because they were causing hoarding, shortages and black markets. This is exactly what will happen with the new price controls. Just look at fuel: until the government started interfering, there had never been fuel shortages in Kenya but today, fuel shortages have become a fact of life. I remember a time when we had to befriend shopkeepers in order to buy essential commodities from the backdoor at a higher price. It looks like those days are coming back. Sad.
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