Zambia watchdog to examine pricing factors

Zambia watchdog to examine pricing factors
Published: 06 November 2013

Zambia’s Competition and Consumer Protection Commission (CCPC) is to examine the upward adjustment is cement prices across four countries in sub-Saharan Africa.

CCPC public relations officer Hanford Chaaba said in an interview with the Times of Zambia that the study being conducted with the support of the African Competition Forum (ACF) to determine the causes of cement prices rises in South Africa, Botswana, Tanzania and Zambia.

“We have been monitoring this situation concerning price changes for quite some time now and a study has been focused on these countries because the same producers of cement in Zambia have established factories in South Africa, Tanzania and Botswana.

“So engaging in this study, will help the commission determine what effects trigger the hike in cement prices and what the market behaviour is towards these price changes,” he said.