Mealie Meal Price Hike |
*Mealie Meal Price Skyrockets - 25 Kg = K100 - Fuel May Go Up to K21 Per Litre
The rise has been blamed on the government's plan to cut subsidies as it embarks on an economic recovery programme.
Biting economic conditions are sweeping through Zambia with a bag of 25 kg mealie meal hitting the K100 mark in Lusaka.
A survey of
locations selling meali4e meal, a form of powder made out of corn and is
Zambia's staple food, show prices swinging between K90 and K100 in
urban areas. Reports also indicate the commodity has broke beyond the
K100 mark in remote areas.
There are
indication a 25 kg is going for between K150 to K200 in North-Western
Province. Meanwhile, the price of fuel may go up a month after it was
adjusted. This follows a slight increase of the commodity on the market.
According to
available information, a litre of petrol may fetch up to K21 prompting
an opposition leader to take proactive action by asking the government
to reconsider any price adjustment.
IMPENDING INCREASE IN THE PUMP PRICE OF FUEL AGAIN
I humbly appeal to
President Edgar Lungu on behalf of fellow Zambians not to increase the
Pump Price of Fuel again. I am reliably informed that a decision to
increase fuel to K21 per litre has just been made.
Our economy is
headed for a recession and taking any action which increases the cost of
production exacerbates the situation. UPP is ready to sit down with the
government and provide our humble direction on what we ought to do for
the sake of our nation.
UPP is scheduled to
hold a major news conference by mid November, 2016. We shall write our
first official letter to the President immediately after the conference.
No comments:
Post a Comment