The Economic Association of Zambia (EAZ) says the persistent shortage of sugar on the market might fuel the rate of inflation.
EAZ President, Mwililoa Imakando said this is because the price of some food stuffs, which depend on sugar as a role material, will go up.
He told ZNBC news, that there is need for the sugar company to stabilize supply of the commodity.
Dr. Imakando, however was happy with government’s timely intervention to ban the export of sugar.
He was confident the situation, which, he described as artificial, will soon stabilize.
Lusaka and some other parts of the country have a recorded serious shortage of sugar for the past three weeks.
This has forced the price of the commodity to soar by over 100 per cent.
A one Kilogramme of sugar which was costing about K5,000 is now over K10,000.
Meanwhile, Kasama Central member of Parliament Saviour Chishimba said there is need to increase competition in Sugar Production to arrest future shortage of the commodity.
Dr. Chishimba said it is unacceptable for countries like Zambia whose economy is determined by factors of demand and supply to experience an acute shortage of essential Commodities such as Sugar.
He also said other Sugar Plantations like the Kasama Sugar in Northern Province can help to seal the gaps left by Zambia Sugar Company if given necessary support.
He however, disclosed that Kasama Sugar Plantation has embarked on an expansion project to meet the high demand of the commodity.
KANSI ABALEFISA SUGAR NIBANI?
The dentists are very unhappy with the scarcity of sugar. They say it will eat into there work if not addressed promptly.
Kutemwa fyalowa wooooo!!
Problem fi bwalwa… Fi Chinika, Mosi, Rhino and fi Chibuku, plus Kachasu.. all depends on sugar. We can drink Mayeu, milk which don’t demand sugar. Then all that maize used for supplying bars with ifi matimba, we can be supplied for meals. Sugar tayakwata nchito
New Passports next month
The Issuance of new passports is expected to start next month.
Home Affairs Permanent Secretary, Susan Sikaneta said the government has already put into place necessary logistics such as equipment for the entire process which kick start’s in July.
She told ZNBC news that training and recruitment of staff who will mann the new office is expected to start this month end.
The Home Affairs Permanent Secretary noted that Zambia decided to join the international community by bringing in a new passport with sophisticated features that cannot be forged.
YES