News / Local
Mealie-meal, flour prices go up
11 Mar 2022 at 05:40hrs | Views
THE Grain Millers Association of Zimbabwe (GMAZ) has announced an increase in mealie-meal and bread flour prices with immediate effect.
GMAZ chairman Mr Tafadzwa Musarara said the increase has been necessitated by a rise in the prices of maize and wheat by the Grain Marketing Board (GMB).
The cost of maize rose from ZW$43 000 a tonne to ZW$50 000 while bread flour increased by 14,74 percent from ZW119 000 a tonne to ZW$136,544.
Mr Musarara said the country will need to import 155 000 tonnes of wheat to cover the local production deficit. He said the Ukraine-Russia war had resulted in an increase in prices of wheat as Zimbabwe imports most of its wheat from Russia.
Retail price of a 10kg packet of roller meal will increase by 15 percent from ZW$955 to ZW$1 099 and bakers are likely to increase the price of bread following the increase in the price of flour.
GMAZ chairman Mr Tafadzwa Musarara said the increase has been necessitated by a rise in the prices of maize and wheat by the Grain Marketing Board (GMB).
Mr Musarara said the country will need to import 155 000 tonnes of wheat to cover the local production deficit. He said the Ukraine-Russia war had resulted in an increase in prices of wheat as Zimbabwe imports most of its wheat from Russia.
Retail price of a 10kg packet of roller meal will increase by 15 percent from ZW$955 to ZW$1 099 and bakers are likely to increase the price of bread following the increase in the price of flour.
Source - The Chronicle
