Juba City Council warns traders against price-hike

By Awan Achiek

JUBA-State Authorities of Central Equatoria have warned traders against increasing prices of goods due to speculation.

The Mayor of Juba City Council, Kalisto Lado Faustino warned traders against taking advantage issues such as the foreign truck drivers’ strike that ended last week to increase prices or hoarding of goods.

 “Some of our traders want to get more and more profit, some even want to double prices of goods now.” Lado told Juba Echo in an interview on Tuesday. 

Faustino revealed that the Juba City Council will work together with South Sudan’s Business Union to reduce the prices of commodities in the market.

“It is in the best interest of Juba City Council and the government of Central Equatoria to see into it that people of South Sudan are happy and they will only be happy when they are able to buy commodities at affordable prices,” Faustino said.

He revealed that the government would ensure that the taxes on food commodities are reduced to alleviate hike of prices.

“The people of South Sudan are our people and we should have to cooperate, both the government and traders to see into it that we reduce the suffering of our people because they are our source of power and they are the owners of this country,” he appealed to traders.

He stressed the need for national government to set up rules and regulations to try and control the conduct of business in the market 

“This is cheating, this is not clean business. In case there are those kinds of traders who are trying to double prices of goods in order to get more profit it is unlawful. There are rules and regulations that the government can set up to govern traders in the market,” he said.