Home Business and Technology EAZ warns against price hikes on goods and services

EAZ warns against price hikes on goods and services

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price hikes

Market players should avoid taking advantage of consumers of various goods and services by increasing prices without justification, Economics Association of Zambia (EAZ) has advised.

EAZ deputy national secretary Rita Mkandawire said in the past year, the association has observed that certain economic players have unjustifiably increased prices of goods and services, thereby putting a strain on consumers.

“While we understand that profit is the main aim for businesses, we would like to call upon all market players not to take advantage of our small and unsophisticated consumers of various goods and services.

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