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The Zambian government on Thursday said price distortions were fueling the escalation of mealie meal prices in the country.

The price of mealie-meal, used in making the country’s staple food, Nshima, has skyrocketed, raising concerns from both the government and stakeholders.

Chief Government Spokespersons Dora Siliya said investigations have revealed that there was price distortion by millers as well as retailers.

She said the government will not just stand by and watch the price of the staple food go out of reach of ordinary citizens and that the situation was of grave concern.

“This is a clear case of price distortion by unscrupulous retailers who wish to enjoy abnormal profits at the expense of ordinary Zambians,” she said in a release.

According to her, the country’s agriculture minister has been instructed to hold a meeting with major retail outlets to address the price distortion.

The government, she said, was also aware of price distortion in the maize buying market between maize from the national Food Reserve Agency and the private sector.

The government has since instructed the Competition and Consumer Protection Commission (CCPC) to render a report on price distortions. Enditem


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