Posted on March, 15, 2022 at 08:47 am
March has been a hard month for the citizens of East Africa as the cost of living soared, leaving the poor staring at destitution and businesses reeling.
While the situation has been largely blamed on external factors such as Russia’s invasion of Ukraine last month and the subsequent disruption of the global supply chain, citizens have been petitioning their governments to urgently find measures to cushion them.
In Uganda, for instance, citizens are hanging on to the hope that a crisis meeting between the Prime Minister Robinah Nabbanja and manufacturers of soap, cooking oil, salt and other household items will lead to a reduction in the prices of essential commodities which have skyrocketed in recent weeks.
Captains of industry warned last week that the cost of living on account of the surging prices of essential household items will get worse before it gets better as external shocks causing prices to skyrocket are not about to ease.
Last week, the situation prompted a debate in Cabinet and parliament, which resulted in a meeting on Friday between the prime minister and executives of companies that manufacture household items, to persuade them to ease the prices and the cost of living.
Source: The East African