Monday, October 10, 2011

ZAMBIA MILLERS PLAN TO REDUCE THE PRICE OF THE STAPLE FOOD


The Millers Association of Zambia says the price of mealie-meal is expected to reduce by the end of this week as a way of passing on the benefits of the recent fuel price reduction to consumers.
MAZ president Andrew Sakala says some individual millers who are MAZ members have already started reducing the price of mealie-meal.
Mr Sakala said in an interview in Lusaka on 9th October that it has always been the trend to adjust the price of mealie-meal whenever there is a change in the fuel prices and in the harvest.
He has further argued that some millers have already implemented the reduction in the price of mealie-meal, as a result of a drop in fuel prices.
Mr Sakala is however hopeful that there will be a uniform adjustment by the end of this week.
On 8th October, President Sata called on millers, the power utility company Zesco and other transporters to pass on the benefits of reduced fuel prices to consumers.
The government has recently reduced retail selling prices of petroleum products by an average of 480 kwacha per litre.

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