Zambia ‘s annual inflation rate for April 2020 has increased to 15.7 percent from 14 percent recorded in March 2020.
This means that on average, prices of goods and services increased by 15.7 percent between April 2019 and April 2020.
Addressing Journalists, Central Statistics Authority Interim Statistician General Mulenga Musepa said the increase in the annual rate of inflation was attributed to price increases in Food and Nonfood items.
Mr. Musepa said the year-on-year food inflation rate for April 2020 was recorded at 17.0 percent compared to 15.2 percent recorded in March 2020, indicating an increase of 1.8 percentage points.
He said this development was mainly attributed to increases in prices of food items such as Dried Bream, Dried Kapenta , Cooking oil, Live Chickens and Suga
Expected in the current economic climate. We are glad the government especially so the ministry of finance have introduced vital measures to cushion the effects. Thank you
Kaizer chipuba
The economy has been in ICU even before covid-19 came on the scene.
Let no one cheat you that the corona virus is solely responsible for Zambias dire economic situation.
Dont worry Miles Sampa will come and hand out a small bag of kapenta and a loaf of bread
A government of ifipuba ne fipuba we can’t wait for 2021 to see you fipato gone bakolwe
We went in the streets celebrating the removal of RB not knowing that that was the beginning of our problems. Total failure, no where to hide. And you have the audacity to say we want to come back in 2021. To come and do what? Do more damage? It was opposition leaders first, then climate change, then Covid 19, At this rate you will run out of excuses, Inflation at 15.7% and rising though the real inflation figure could be thirty something percent
Lungu-conomics ever since he office the economy has been in free fall
The BIGGEST mistake Zambia’s ever made since Independence in 1964, was to allow Michael Sata -(late) & his cabal of ignorant violent call boy ng’wangwazi’s to form Government.
This is a mistake of similar porpotions of taking a Soweto Market Tomato or Charcoal (malasha) trader, donning them in Surgical scrubs /gear & putting them straight into theatre @ U.T.H & expect them to successfully operate on sick & dying patients -WILL NEVER WORK!!
Just compare K.K’, Mwanawasa’s even thieving Kiluba Kafupi’s advisors to , Ka!zer, Smiler Sikazwe, Kimpyongo et -al.
Zambia died the day Sata was declared President & don’t want to hear ma ru66ish ati Sata was good.
Sata was one illiterate Demag0gue with no vision & hence he left Zambians & the economy in the failing hands of a certified…
The BIGGEST mistake Zambia’s ever made since Independence in 1964, was to allow Michael Sata -(late) & his cabal of ignorant violent call boy ng’wangwazi’s to form Government.
This is a mistake of similar porpotions of taking a Soweto Market Tomato or Charcoal (malasha) trader, donning them in Surgical scrubs /gear & putting them straight into theatre @ U.T.H & expect them to successfully operate on sick & dying patients -WILL NEVER WORK!!
Just compare K.K’, Mwanawasa’s even thieving Kiluba Kafupi’s advisors to , Ka!zer, Smiler Sikazwe, Kimpyongo et -al.
Zambia died the day Sata was declared President & don’t want to hear ma ru66ish ati Sata was good.
Sata was one illiterate Demag0gue with no vision & hence he left Zambians & the economy in the failing hands of a certified…
cont;
in the failing hands of a certified Drunk3n Alc0holic, & dishonest Widow swindling Crook, & this shows Sata’s poor forsight, as his nominee J0na, is as useless as a frying pan without a bottom, coz there were so many P.F members who would have done a better Job, but Sata in his visionless stupor left us high & dry with this J0n4, who bankrupted the Nation within 6 months of taking over.
THE REST AS THEY SAY IS HISTORY!!
cont;
in the failing hands of a certified Drunk3n Alc0holic, & dishonest Widow swindling Crook, & this shows Sata’s poor forsight, as his nominee J0na, is as useless as a frying pan without a bottom, coz there were so many P.F members who would have done a better Job, but Sata in his visionless stupor left us high & dry with this J0n4, who bankrupted the Nation within 6 months of taking over.
THE REST AS THEY SAY IS HISTORY!!
Abena Bally, bring Ubwebya tulopole amashilu mu 2021!
This Economy is not good for all of us! Be reminded of how Millionaires in Zimbabwe lost everything overnight because of hyperinflation! A bad Economy does not foster Democracy but Dictatorship! Panadol has stopped working! Our Economy needs Surgery to remove incompetent leaders responsible for mismanaging our economy before it’s too late!
The BIGGEST mistake Zambia’s ever made since Independence in 1964, was to allow Michael Sata -(late) & his cabal of ignorant violent call boy ng’wangwazi’s to form Government.
100% RIGHT! Sata was an ignorant villager that became a political thug. And he gave corrupt thieves and drunkards the idea that they could also become President.
Now Zambians will have to pay back all the money they have stolen. And their children and children’s children will spend their lives in poverty and disease.