Bread price increases just before Sata’s 90th day in office

Bread price increases just before Sata’s 90th day in office

Bread is very important in Zambia

SOME bakeries in Lusaka have increased their prices of bread despite President Sata’s appeal in October to bakers not to go ahead.

A Daily Mail survey around some parts of Lusaka revealed that some bakeries in Garden compound, Northmead and Kabwata area have increased by K200 to K500 respectively.

The some bakers who declined to be named attributed the increase to the high cost of doingbusiness while others said they will also adjust their prices upwards next week.

In Kabwata a loaf of Family bread which used to cost K5,000 will now cost K5,900, Standard bread will cost K4,900 from K4,000 while bread rolls will sell at K5,500 from K5,000.

A notice at one bakery stated that the increase has been necessitated by increasing input cost.

“This serves to inform you that bread prices have been adjusted upwards with immediate effect. This has been necessitated by ever increasing input cost,” it read.

In Garden compound bakeries are expecting to increase by K200 and this has been received with shock.

Gideon Manda, a resident of Garden Compound said the cost of living in Zambia has become too expensive adding that some people cannot afford to buy bread at current prices.

“I am shocked that bread has become too expensive now, we as parents will not be able to provide a decent breakfast meal for our children because most of our children depend on bread, “he said.

Another resident Kelly Chileshe said they unjustifiably trying to hike prices in a bid to make a killing because of Christmas and New Year celebrations.

Agnes Nkoma, a Kabwata township resident, called on Government to intervene in the matter and ensure that prices of bread are stabilised in order to reduce the cost of leaving which she described as expensive.

“Some of us are not employed, we cannot afford to buy bread anymore and this is what we consume almost everyday. We will be very glad if government consider reducing the price, “she said.

Meanwhile Zambia Consumers Association executive secretary Muyunda Ililonga says consumables such as bread are expensive for the majority of Zambians adding that Government should ensure that the cost of living in the country is reduced if poverty levels are to reduce in the country.

Mr Ililonga said the reason being advanced by millers for the increase in the price of bread is not substantiated.

He said some millers have attributed the increase in the price of bread by K500 to the weakening Kwacha against the US dollar.

Government recently authorised the importation of 20,000 of wheat and 5,000 tonnes of wheat flour to supplement the current shortfall of 60,000 tonnes of wheat.

[Zambia Daily Mail]

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