The Zambia Consumer Association (ZACA) has accused businesses and retailers of profiteering and failing to pass on the benefits of the Kwacha’s recent appreciation to long-suffering citizens. ZACA is demanding immediate and tangible price reductions on essential goods and services, warning that consumers are being unfairly exploited despite positive macroeconomic indicators. In an exclusive interview with the Zambian Business Times (ZBT), ZACA Executive Director Juba Sakala welcomed the Kwacha’s recent strengthening against the US Dollar, noting its trading within the K24.30 to K26.45 range. While acknowledging this as a positive macroeconomic development, Sakala expressed a deep-seated frustration shared by millions...
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