By BUUMBA CHIMBULUMARKET players should not take advantage of small and unsophisticated consumers of various goods and services by unjustifiably increasing food prices, says the Economics Association of Zambia (EAZ).EAZ Deputy Secretary Rita Mkandawire said the association had observed that certain economic players had been adjusting prices not commensurate to the increase in the cost of importation or production of certain goods and services.“While we understand that profit is the main aim for businesses, we would like to call upon all market players not to take advantage of our small and unsophisticated consumers of various goods and services,” Ms Mkandawire said in a statement.She urged the private and public sectors to enhance productivity aimed at growing national income and wealth amid the Covid-19 induced economic slowdown and economic uncertainty.Ms Mkandawire also urged the government to escalate implementation of its Economic Recovery Plan (ERP) to ensure that the Kwacha stabilises and inflation contained.“We would like to […]
EAZ decries unjustified price increases
