Amidst the hustle and bustle of Kinshasa’s central market, a new trend is beginning to emerge: the drop in prices of essential food products. Since last week, importers have decided to reduce the prices of some basic necessities, such as horse mackerel, chicken, oil, sugar, powdered milk, meat and corn flour. A commendable initiative that aims to ease the burden on consumers’ wallets, especially as the end-of-year holidays approach.
However, despite announcements of price reductions of up to 11% by major importers, the reality on the ground seems to disappoint both sellers and buyers. At the market, disappointment can be seen on the faces of merchants who believe that the reductions are not enough to significantly impact retail prices. Customers, for their part, continue to express their dissatisfaction with prices that they still consider high.
In this context, a trader reports that despite the price reductions at suppliers, sales prices remain unchanged for individual customers. Despite the efforts of importers, the consequences of this reduction are slow to be felt on the ground. Traders explain that as long as they have existing stocks to sell, the new tariffs will not have a direct impact on retail prices.
However, the Ministry of Economy assures that the price reduction is effective at major importers and that it will take some time for the changes to be reflected in all markets. The government’s stated objective is to perpetuate this reduction and ensure more affordable prices for all, beyond the holiday season.
In conclusion, the reduction in the prices of basic necessities is a welcome measure that, if properly implemented, could provide significant relief to Congolese consumers. However, it remains important to ensure that these reductions are actually reflected in retail prices, so that every citizen can fully benefit from them. As the holidays approach, the hope for a more affordable and easier life for all remains a legitimate aspiration.