30/10/2025
PRESS STATEMENT
FOR IMMEDIATE RELEASE
October 30, 2025
MINISTER OF COMMERCE CLARIFIES POSITION ON PRICING
Lusaka - The Minister of Commerce, Trade and Industry, Hon. Chipoka Mulenga, is not calling for price controls.
His position has been clear: Government is committed to a private-sector-driven economy and will not dictate prices.
What the Minister is advocating for is fair pricing that reflects the current macroeconomic environment.
With inflation trending downward, the Kwacha stabilizing, and fuel prices relatively lower, manufacturers, suppliers, and transporters are expected to pass those benefits on to consumers rather than maintain artificially high prices.
This is a call for responsible market behavior, not intervention.
Zambians deserve to feel the benefits of economic stabilization, and industry partners have a role to play in making sure consumers are not burdened by outdated cost structures.
Issued by:
Ministry of Commerce, Trade and Industry Public Relations Unit.
