Plans to increase price of bread unjustified-President Sata


Lusaka, Oct 26, ZANIS- President Michael Sata says plans to hike the price of bread by K500, were unjustified. And President Sata has instructed the Minister of Agriculture and Livestock, Emmanuel Chenda to meet all stakeholders in the wheat industry.
In a statement realesed to ZANIS in Lusaka this afternoon by the Presdent’s Special Assistant for Press and Public Relations George Chella, President Sata said plans to increase the price of bread will largely hurt the poor. Mr. Sata noted that a poor consumer bears the blunt of such hikes which are not justified.
He said Government will do everything possible to curb exploitation and maintain the price of bread, even if it means authorizing the importation of wheat into the country.
“We, therefore urge all stakeholders in the wheat value chain to exhaust consultations amongst themselves before taking positions that could undermine consumer interest and that of the industry itself in the long-run, ” he said.

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