CSPR opposes plans to introduce price controls

Maxson Nkhoma

Civil Society for Poverty Reduction (CSPR) says President Edgar Lungu’s warning that government could introduce price controls if millers continue exploiting consumers is a threat on the operations of the private sector.

CSPR Civic Participation and Advocacy Programme Officer Maxson Nkhoma says President Lungu should realize that Zambia is a free market economy where prices are determined by the forces of demand and supply.

Mr. Nkhoma says President Lungu should accept that things are not well in the country due to operational challenges affecting millers in their production.

He says it is a known fact that the power deficit current the country is facing has contributed massively to the escalating mealie meal prices because millers are spending a lot on their production.