Bread price set to go up

The price of bread may go up anytime soon, weeks after it was reduced, following an introduction of a 20% import duty on wheat.

A report released by the Livestock and Meat Advisory Council said the issue of tax on imported wheat was discussed during a recent CZI and Zimra meeting.

The meeting noted that the tax was a stumbling block towards the bread industry's revival.

National Bakers' Association of Zimbabwe president Givemore Mesoemvura indicated that the 20% levy on wheat imports would have negative impact on the banking industry.