Should we start posting cabbage recipes at this point? Cauliflower steak anyone? This might be a very long January for Zimbabweans.  In response to the recent introduction of a 15% Value Added Tax (VAT) by the Ministry of Finance on beef, chicken, pork, and fish, Texas Chicken Zimbabwe has released a statement that they will be increasing their prices.

The decision to apply a 15% VAT on meat and fish products has sparked concerns for many Zimbabweans. Without a doubt this price hike will have repercussions on the economy, affecting both consumers and producers. With the increased prices there is a serious concern that individuals may turn to the black market to purchase meat at lower prices.

The imposition of VAT may create affordability barriers, leading some consumers to seek cheaper alternatives through unofficial channels. Similarly, the rise in meat prices and subsequent financial strain on butcheries may also result in an increase in cattle theft. This poses serious challenges for both livestock farmers and the overall economy.

Addressing the Issue:
To counter the increase in black market activity and cattle theft,  the government needs to reassess the impact of VAT on meat and fish prices. This may involve exploring alternative approaches to preserving affordability while still generating revenue. Additionally, efforts should be made to enhance food security initiatives, support local agricultural producers, and promote sustainable farming practices.

Zimbabweans response

Social media is ablaze with Zimbabweans taking in the news of the price increases. Some have already started posting their cabbage recipes and some are  planning how to leverage the situation to make money.