Cement run-away prices, Zambia

Cement run-away prices, Zambia
Published: 22 August 2007

The government is working out ways to how best address the escalating price of Cement on the local market.

Commerce Permanent Secretary, Davidson Chilipamushi said the government is aware that the price of cement is now as high as K70,000 per 50kg.

Mr Chilipamushi said the increase in the price of cement is due to the shortage of the commodity.

He said retailers have taken advantage of the shortage and are hiking the price.