Cost of Living Crisis in Zambia Amid High Food and Energy Prices
Habari mpya za uchumi Tanzania · maelezo ya Cost of Living Crisis in Zambia Amid High Food and Ener… · imesasishwa 11 Aug 2026 · habari za uchumi · pato la taifa · uwekezaji
Muhtasari
- When he took office in 2021, Zambia was in debt distress and had been failing to make its payments.
- The cost of living, I cannot say is okay,” says Given Kangwa, a 27-year-old flour-mill worker standing in Lusaka City Market.
- Where I work, for example, the money we are getting paid is not enough and we cannot sustain our lives.” Kangwa explains that he was paid about 3,000 kwacha ($157; £117) a month, which is barely enough to cover food.
- Macroeconomic gains matter less than the cost of cooking oil, for example, which has risen by more than 70% over the past five years.
- Zambia has not been spared from the worldwide pressures of high food and energy prices that followed the pandemic and subsequent geopolitical shocks.