{"id":18963,"date":"2022-03-24T19:40:52","date_gmt":"2022-03-24T19:40:52","guid":{"rendered":"https:\/\/www.africa-press.net\/malawi\/all-news\/covid-ukraine-invasion-fuel-commodity-prices-hike"},"modified":"2022-03-24T20:00:57","modified_gmt":"2022-03-24T20:00:57","slug":"covid-ukraine-invasion-fuel-commodity-prices-hike","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/malawi\/all-news\/covid-ukraine-invasion-fuel-commodity-prices-hike","title":{"rendered":"\u2018Covid, Ukraine invasion fuel commodity prices hike\u2019"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Malawi. <\/strong><\/span>Minister of Trade and Industry Mark Katsonga Phiri Wednesday attributed the rise in the cost of commodities to Covid and Russia\u2019s invasion on Ukraine which have disrupted global commodities supply chains.<\/p>\n<p>This has led to an increase in the cost of production of some essential commodities and transportation of material imported outside the country. Nevertheless, Katsonga told journalists in Lilongwe that the government was doing everything possible to cushion the prices including engaging major private sector players.<\/p>\n<p>\u201cWe are engaging manufacturing companies of various products which have been affected, to see what they can do and how best we can support them to provide fair prices on the local market,\u201d he said<\/p>\n<p>Katsonga further said the government suspects sabotage by other big retailers, hence it has moved to investigate prices of raw materials and finished goods as a matter of comparison within and outside the country.<\/p>\n<p>The trade and industry minister further warned that they would allow other people to import the commodity if cooking oil manufacturers do not reduce prices after removal of the Value Added Tax.<\/p>\n<p>Minister of Information Gospel Kazako said while the government will ensure that its citizens are protected, it has little control over the prices of fuel, which are dictated by the global market.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/malawi\">Malawi<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Malawi. Minister of Trade and Industry Mark Katsonga Phiri Wednesday attributed the rise in the cost of commodities to Covid and Russia\u2019s invasion on Ukraine which have disrupted global commodities supply chains. This has led to an increase in the cost of production of some essential commodities and transportation of material imported outside [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":18962,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[233,371,1387,234,4299],"class_list":["post-18963","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-africa-press","tag-africa-press-malawi","tag-gospel-kazako","tag-malawi","tag-mark-katsonga-phiri"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>\u2018Covid, Ukraine invasion fuel commodity prices hike\u2019 - Malawi<\/title>\n<meta name=\"description\" content=\"Minister of Trade and Industry Mark Katsonga Phiri Wednesday attributed the rise in the cost of commodities to Covid and ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/malawi\/all-news\/covid-ukraine-invasion-fuel-commodity-prices-hike\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u2018Covid, Ukraine invasion fuel commodity prices hike\u2019\" \/>\n<meta property=\"og:description\" content=\"Minister of Trade and Industry Mark Katsonga Phiri Wednesday attributed the rise in the cost of commodities to Covid and ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/malawi\/all-news\/covid-ukraine-invasion-fuel-commodity-prices-hike\" \/>\n<meta property=\"og:site_name\" content=\"Malawi\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-24T19:40:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-24T20:00:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2022\/03\/img-623ccdd35c2b4.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1307\" \/>\n\t<meta property=\"og:image:height\" content=\"1271\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/covid-ukraine-invasion-fuel-commodity-prices-hike#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/covid-ukraine-invasion-fuel-commodity-prices-hike\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"\u2018Covid, Ukraine invasion fuel commodity prices hike\u2019\",\"datePublished\":\"2022-03-24T19:40:52+00:00\",\"dateModified\":\"2022-03-24T20:00:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/covid-ukraine-invasion-fuel-commodity-prices-hike\"},\"wordCount\":230,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/covid-ukraine-invasion-fuel-commodity-prices-hike#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2022\/03\/img-623ccdd35c2b4.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Malawi\",\"Gospel Kazako\",\"Malawi\",\"Mark Katsonga Phiri\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/malawi\/all-news\/covid-ukraine-invasion-fuel-commodity-prices-hike#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/covid-ukraine-invasion-fuel-commodity-prices-hike\",\"url\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/covid-ukraine-invasion-fuel-commodity-prices-hike\",\"name\":\"\u2018Covid, Ukraine invasion fuel commodity prices hike\u2019 - 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