Cost of living shoots up in tourist capital

THE cost of living in Livingstone, Zambia’s tourist capital, has shot up in the month of November 2014.

Jesuit Centre for Theological Reflection (JCTR) says the cost of living in Zambia and Livingstone in particular shot up in the month of November.

Monthly surveys for prices of a basic needs basket for a family of six of both food and non-food items conducted by the JCTR in several retail outlets of Livingstone showed an increase in the price of food.

According to JCTR November basic needs basket (BNB), a family of six in the tourist capital was expected to spend K 3,017.36 in the month of November as compared to K 2,819.96 in October 2014.

JCTR Livingstone district facilitator Moses Sakala confirmed to the Daily Nation on Sunday that from October to November 2014, there has been an increase in the cost of living owing to the weakening Kwacha against major currencies.

Mr Sakala said the increase comes at a time when fuel, which is a major factor of production, has been slightly reduced by the Energy Regulation Board.

He said the increase in the BNB from the month of October is K197.40.