Daily Nation Newspaper

CONSULT WIDELY ON RISING PRICES, GOVT URGED

- By OLIVER SAMBOKO

GOVERNMENT should consult widely before coming up with measures aimed at addressing high prices of essential commoditie­s to avoid disruption in the production chain, Zambia Consumer Associatio­n (ZACA) general secretary Zuba Sakala has said.

Mr Sakala said any unilateral decision on the matter would have a negative effect on the availabili­ty of goods in the market and would also have potential to cripple the manufactur­ing sector in the country.

He said Zambia was a liberalise­d economy and therefore price control was not a good option.

He was however quick to mention that Government has a duty to intervene in any situation to protect citizens from being exploited by cartels in the retail and manufactur­ing sectors.

"In this case we are talking about suspicious price hikes and curtails formed to manipulate or exploit consumers. However, our view is that It's not price control per se but putting rules that will make prices be justifiabl­e unlike the current situation," Mr Sakala said.

He said ZACA was aware that the cost of production and other factors were behind the current uncertaint­y in the pricing of essential commoditie­s.

He urged the players in the supply chain to be transparen­t and avoid forming cartels meant to exploit or manipulate prices.

"There is also need for Government to come up with measures to stop the monopolist­ic type of business which has been exhibited by some companies for a long time," Mr Sakala said.

He called on Government to enhance the capacity of the Competitio­n Consumer Protective Commission.

 ??  ??

Newspapers in English

Newspapers from Zambia