Shoprite pass the drop in the Kit Yamoyo ex-factory price to their customers

Today pictures started coming into our ‘Shoprite Watch’ WhatsApp group confirming that Shoprite is passing on the drop in the ex-factory price of Kit Yamoyo to their customers. Shoprite Kabanana (Lusaka) | Shoprite Chipata (Eastern Province) Shoprite have reduced the retail price from K9.59 to K8.59 (a reduction of 10.4%). This is fantastic news in […]

Pharmanova launch new Kit Yamoyo format and reduce prices across the board

Kit Yamoyo wall painting, George Compound, Aug-16. Image credit: Lawrence Wilbraham. Last Thursday (1-Sep-16) Pharmanova launched a new, lower priced, Kit Yamoyo format (without soap) and also reduced their ex-factory prices for all Kit Yamoyo formats, across the board. This is their response to market forces in general and the issue of VAT in particular […]

Costing and pricing in the real world: the VAT issue, inflation and affordability

For the moment we’ve lost the battle with the Zambia Revenue Authority (ZRA) to have Kit Yamoyo zero rated for VAT purposes. The ZRA pointed out that Kit Yamoyo contains soap which is VAT-able and so VAT should be charged on the kit at 16%. We responded saying that Kit Yamoyo has been approved by […]