Business / Companies
Govt must commercialize GMB, says CZI
20 Oct 2016 at 09:04hrs | Views
The Confederation of Zimbabwe Industry (CZI) has urged the government to commercialize the Grain Marketing Board (GMB), while ensuring that the vulnerable population is fed through subsidized grain.
Appearing before the budget and finance committee to speak on 2017 National Budget, the Confederation of Zimbabwe Industry (CZI) vice-president Sifelani Jabangwe said GMB's prices were sub economic, thereby distorting market prices and introducing an uneven playing field.
He said GMB could feed vulnerable groups through a targeted system such as issuing coupons.
Source - newsday