The recommended Retail Price for the two brands of clear beer has been adjusted upwards by 7.14% per 375 milliliters. Zambian Breweries Plc has attributed this to the increase in inflation. Zambian Breweries Corporate Specialist, Japhet Banda, has said in a statement to ZNBC news that the price adjustments are effective from Monday 12th March 2012.
In the same statement Mr Banda also announced the reduction in the price of Chibuku, the opaque beer. He said the price of Chibuku had been slashed by 17.9% per unit. Mr Banda says the nationwide reduction of Chibuku prices follows a successful festive season promotion that was conducted in Lusaka.
He has also announced the increase in the average cost of Maheu by nine percent.