With a fourteen day deadline given to all retailers, wholesalers and importers to hand in their documents detailing the costs of the goods and services, the Commerce Commission has revealed that there will be a uniform price in place in close to a month’s time.
Commision Chairman, Doctor Mahendra Reddy said that with the deadline has been given to the retailers wholesalers and importers so that the Commission will be able to determine a uniform unit price.
According to Reddy, the organisations have been given 14 days time and the Commission taskforce will take a minimum of one week and a maximum of 2 weeks to determine the new unit prices for 20 goods and services that will be subject to the new pricing.
Items now under interim prices and subject to the new pricing models include milk of all kinds, baby milk, baby food, imported butter, chicken, corned beef and mutton, edible oil, ghee, imported fish and other seafood items, margarine, noodles, onions, imported potatoes, imported rice, sheep meat as classified, sugar, tea, medicine, premium unleaded petrol, kerosene, white benzene and premixed outboard fuel.
Story by: Paradise Tabucala.
