The Mozambican
branch of the Coca-Cola company has just put up its prices for the second time
in just over a year.There was no public announcement, but the Coca-Cola
director of public relations and communication, Francisco Ferrao, confirmed to
the independent newssheet “Mediafax”, that the prices of some of his company’s
products rose as of 1 November.
Thus a pack of six two litre plastic bottles of
Coke and of the other soft drinks produced by the company has risen in price by
7.8 per cent, from 320 to 345 meticais (4.2 to 4.5 US dollars). The retail
price for a two litre bottle is now 75 rather than 65 meticais, a 15 per cent
rise. (However, many retailers chose to ignore the recommended retails price,
and were already selling the two litre bottles for 70 meticais).The price of
the packs of 24 330 millilitre cans of coke rose from 520 to 600 meticais (15.4
per cent). The retail price for an individual can goes up from 25 to 30
meticais (a 20 per cent rise).The price for glass bottles of coke remains
unchanged. Thus the price of a 300 millitre bottle stays at 15 meticais, while
the slightly larger, 350 millilitre bottle, still costs 20 meticais.In the last
price increase, in October 2015, it was the glass bottles of soft drink that
rose in price, while the cans and the two litre plastic bottles remained
untouched. The new price rise contradicts a promise given by Coca-Cola two
months ago that no further price increases were being planned. Ferrao justified
the rise by the depreciation of the metical against the US dollar and the South
African rand, which is driving up the price of the imported materials the
company uses. He claimed that, even with the increases, the prices of the
drinks are below what the company would regard as ideal.Asked why there had
been no change in the price of the drinks sold in glass bottles, Ferrao said
that, because the glass bottles are returnable, they are cheaper than cans or
plastic.
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