Members Login
Username 
 
Password 
    Remember Me  
Post Info TOPIC: Chibuku packet is K35 per litre


Member

Status: Offline
Posts: 58
Date:
Chibuku packet is K35 per litre
Permalink Closed






Looking at the article below from The Nation, I wonder how an ordinary average Malawian who makes about MK10,000 a month is able to survive. Life is hard


 


Commodity prices rise




by Aubrey Mchulu, 01 April 2004 - 16:31:40


Prices of sugar, beer and soft drinks have gone up effective on Thursday as a direct result of the recent fuel hike which has pushed up production costs for manufacturers.
The Sugar Corporation of Malawi (Sucoma) on Wednesday announced a 12 percent hike in sugar prices which translates to K6.82 more per one kilogramme packet while beverages producer Southern Bottlers Limited (Sobo) added K2.50 and K5 to the price of its soft drinks effective Thursday.
On the other hand, opaque beer brewer Chibuku Products Limited (CPL) will add K2 more to prices of Chibuku beer brands starting Friday.
But Sobo said retail prices for Carlsberg beers, Kuche Kuche, Sobo Orange Squash, Quench and mineral cans remain unchanged.
The travelling public has also not been spared as the move by the Malawi Revenue Authority to charge 17.5 percent surtax on Shire Bus Lines' luxury coach service between Blantyre and Lilongwe has forced the company to raise fares from K1,700 to K2,000.
CPL indicated in its statement that increases in the cost of fuel, raw materials and other operational costs have compelled the company to effect the price adjustment of K2 per litre averaging 6.9 percent.
From Friday, CPL said, prices of all Chibuku beer brands will be increased. A packet of Chibuku and Chibuku one way bottle will now be selling at K35 from K33 while Chibuku scud will be going at K33 from K31 and Chibuku kegs from K22 to K23.
“You will note that many consumers will be surprised to hear that the new retail price of a Chibuku packet is K35 per litre from K33 because they were already paying K35 per litre. We therefore expect no changes in the retail price of K35,” said CPL marketing manager George Macheka.
CPL said in a statement the cost of packaging materials has also gone up by 7.5 percent and so have raw materials mostly imported from South Africa.
On its part, Sucoma said the price hike is “largely due to increased cost of production brought about by the cost of imported essential production materials and other overhead costs, as well as the escalation in theft of irrigation equipment.”
Going by the 12 percent raise, a one kilogramme packet of white sugar will now be selling at K63.72 from K56.90.
Sucoma’s prices are quoted in metric tonnes and, according to public relations officer Irene Phalula, traders fix retail prices depending on the wholesale prices per bale.
Sobo also said the prices have been increased due to the recent fuel hike.
Sobo, the local franchise holder for the Coca Cola Company, said Coca Cola products namely Coke, Fanta, Sprite and Diet Coke in 300 ml will now go at K22.50 from K20 while Sobo products—Webbs Tonic, Soda Water and Ginger Ale — will from Friday sell at K25 per 300 ml bottle from K20 and Cocopina and Cherry Plum will be selling at K22.50 also from K20.
A PTC Kwiksave manager in Blantyre said in an interview on Wednesday that apart from the announced price adjustments, the rest of the commodities are still maintaining old prices since the fuel hike.
He said, however, Unilever South East Africa two weeks ago raised the price of its Surf washing powder one kilogramme packet to K295 from K226 while the rest of the bath and laundry soaps and cooking oils have not been affected.
Consumers Association of Malawi executive director John Kapito said from Lilongwe on Wednesday indications from his institution’s top 50 consumer items’ prices showed that most commodities were going up.
Cama’s consumer market guide findings made available to Nation Online show that since February this year, maize flour has gone up by 12 percent, table salt by six percent, bread flour 6.9 percent, ration meat 15.67 percent and eggs by 13.46 percent.
He said some producers, like Sucoma which has effected a 12 percent rise, were taking advantage of the fuel hike and their market monopoly to punish consumers.
“Why should the company transfer its inefficiency to consumers?” Kapito queried in an apparent reaction to Sucoma’s statement that said continued theft of irrigation pipes also contributed to the rise.
Kapito also accused opposition and ruling parties of failing to clarify to voters how they intend to handle fuel pricing when voted into power, saying it is an indication all politicians “want to continue hacking voters with dubious fuel prices full of levies.”
Put to her that it is not fair to push costs of the company’s failure to protect its equipment from vandalism, Phalula said Sucoma had been absorbing costs of replacing the irrigation pipes for a long time and can no longer meet them single-handedly. In 2003, irrigation pipe thefts cost the sugar producer K97 million, she said.
Fuel prices went up three weeks ago after government ignored recommendations by the Petroleum Pricing Committee (PPC) to remove the temporary safety net levies, a development that would have made petrol and paraffin pump prices K6.70 and K3.35 lower per litre respectively.
Petrol rose by K7.45 from K86.85 to K94.30 per litre representing an 8.57 percent increase while diesel rose by K9.20 from K78.40 to K87.60 per litre and paraffin went up by K4.70 to K69.25 from K64.55 per litre.


__________________


Newbie

Status: Offline
Posts: 37
Date:
Permalink Closed

eeeh,


inenso ndinayiwerenga nkhani imeyi pa nation online...koma ndanadandaula kwabasi...chibagi ndiye kukhala kwathu....koma anyway...ubwino wake ndowoti nanzi siyinakwele...ndiye tizingobandano basi nanga nkutani?


olila mayomayo!!



__________________
akamuna!!!!


Member

Status: Offline
Posts: 58
Date:
Permalink Closed

This Photo raises a lot of questions

__________________


Member

Status: Offline
Posts: 58
Date:
Permalink Closed

sorry unable to copy and paste


 


 



__________________


Newbie

Status: Offline
Posts: 44
Date:
Permalink Closed

Word from the streetz is that nanzi siyimakwera koma amangochepetsa quantity yake.Like nanzi ya ten baa poyamba mumasuta awiri panopo mfani wonse munthu mmodzi siungakukwane.Imagine that?Anauchepetseratu heavy koma the price for it is as it was back in '84.Seen?

__________________
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.

Tweet this page Post to Digg Post to Del.icio.us


Create your own FREE Forum
Report Abuse
Powered by ActiveBoard