Zambian President warns maize millers against extortion

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Zambia’s President Edgar Lungu has criticized a recent move by millers to raise retail prices for maize, warning the cartels of government intervention.

Traders in Lusaka have hiked the price of a 25 kg bag of maize meal, the country’s main staple food, to 80 kwacha ($6.87) from 65 kwacha after the Millers Association of Zambia said last week its members would raise their prices by 10 to 15 kwacha per 25 kg bag due to high input costs.

 

CCTV’s Sadique Shaban has the details

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