Comments on: Consumer Unit Trust predicts price increases

By: Politically Correct

Politically Correct — Mon, 07 Jan 2013 17:10:50 +0000

#1, good points Mr. Chitalu.

By: iLuVzAMbia

iLuVzAMbia — Mon, 07 Jan 2013 15:01:40 +0000

How can someone selling products manipulate there price in a free market economy? Am I not free to set a price that I feel is reflective of transport,storage and labour WTF?

By: Godfrey Chitalu

Godfrey Chitalu — Mon, 07 Jan 2013 08:01:41 +0000

I agree that most business houses will increase their prices, ostensibly as result of re basing related costs. What I don’t agree with is the justification for the increment because the majority of our wholesalers and retailers have practically incurred no costs attributable to re basing. If anything financial institutions, who in actual fact already rake in millions of Kwacha are the ones who spent colossal sums in software upgrades. The majority of business houses are just riding on the software upgrades of bigger institutions and should have no reason to increase prices. Unfortunately every business house will be riding on the perception that re basing has affected their income, which to me is a total lie. I hope members of the public wont be taken for a ride. Lets open our eyes.

By: Komboni Dweller

Komboni Dweller — Mon, 07 Jan 2013 07:53:34 +0000

ATMs are only dispersing Kr50 and Kr100 note