The Zambia Consumers Association (ZACA) has called on government to reconsider the move to increase fuel pump prices as it has adverse effects on the national economy.
In an interview with ZANIS today, ZACA Executive Director Muyunda Ilionga said the move will result in increased cost of living for the Zambian population, whose majority is still wallowing in poverty.
Mr Ililonga has implored government to also consider the plight of the unemployed, poor and lowly paid citizens whose budgets cannot be stretched.
He stated that the increase in fuel prices will lead to increased cost of goods and services thereby impacting the lending services in the banking sector as workers will not have the capacity to save.
ZACA further explained that increased fuel prices and the pending revision of electricity tariffs will cripple the private sector as it remains an active participant in growing national economy.
Mr Ililonga said fuel and electricity play a major role in the production cycle and that increased prices will raise the cost of production for private sector businesses, which will not expand and result in increased unemployment levels.
He said as government is striving to alleviate the life of all Zambians and create employment, there is need to control and stabilise the economy.
Various stakeholders in the provision of goods and services such as transport have announced upward adjustment in their services due to the increased pump price of fuel following government’s announcement of the removal of subsidise on petroleum products.
ZANIS
This is what has slowed development in Zambia, because we always want to consume what we do. not have.Remember mealie meal coupons.This is what we are paying for, including the educating of nationals, free of charge, from Zimbabwe, South Africa Namibia and Angola during the liberation wars, including costs for their liberation wars.These countries have not reciprocated this friendly gesture, instead Zambian nationals are paying a lot of money to be educated in these countries.
Subsidies in Zambia only benefit the haves, mostly in the urban areas, leaving the typical rural dwellers suffering.Go into village, about 100 plus km from any given district if you want to prove what am saying.These people labour to get their own food, shelter, water and many other thing.So let go fuel subsidies.
Zambia stinks, period!!
That PF cabinet wont stop amusing me, they increase the pump price by almost KR2 & ask bus and taxi operators not to increase fares!!! They already increased the pay for maids, bar/shop attendant etc. ZESCO also wants to increase electricity tariffs by 26%. If ZESCO increases then a lot of things will go up e.g water & sewerage tariffs not forgetting all consumables(food). ERB you so quiet on these fuel & electricity issues chilishani tell the PF not to play around with energy, its what drives our economy
2013 bushe tulepusuka unomwaka??
i ask the president to consider the poor in all these things that the GRZ is increasing.
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