After elections, commodity prices will shoot by 60 to 70, warns Hambayi

ECONOMIST Trevor Hambayi says the current prices of commodities in the country are not determined by the market but by political forces, and once elections pass, they will shoot by about 70 per cent. And Hambayi says Zambia’s per capita income is worse than it was 20 years ago. Per capita income is a measure of the amount of money earned per person in a in a given country and in a given year. It also determines the average income per person in a particular geographic region. Commenting on the arguments by some ruling PF members that the cost of living in Zambia was much better than neighbouring countries, Hambayi said in an interview that Zambians were worse off than…...