News / National
Price of mealie-meal has dropped, says CCZ
03 Apr 2024 at 13:45hrs | Views
The Consumer Council of Zimbabwe (CCZ) says there has been a slight drop in the price of mealie-meal, with the commodity now readily available on the retail market.
Prices of mealie-meal shot through the roof in the past few weeks as retailers and suppliers sought to capitalise on the drought-induced shortages in the country.
In a statement issued Tuesday, CCZ executive director Rosemary Chikarakara said prices in most retail outlets are averaging US$6.15 for a 10kg bag of roller meal, down from last week's peak price of US$7.
"Meal mealie is readily available on the market, both formal and informal markets. In major retail shops such as OK Zimbabwe, a 10kg bag of roller meal is going for US6,15 while Pick n Pay is selling it for an average price of ZWL163,700 00 a major drop from last month's price of ZWL193, 000 00 showing a great improvement in volumes of supply and also a reduction in the price of mealie meal.
"In the informal market, the tuckshops and vendors are selling a 10kg bag of roller meal at US5, while street vendors are selling a bucket of maize (20kg) at US10," Chikarakara said.
However, USAID's Early Warning Systems Network (FewsNet) has warned of increased cost of living in Zimdollar and United States dollar terms.
Prices of mealie-meal shot through the roof in the past few weeks as retailers and suppliers sought to capitalise on the drought-induced shortages in the country.
In a statement issued Tuesday, CCZ executive director Rosemary Chikarakara said prices in most retail outlets are averaging US$6.15 for a 10kg bag of roller meal, down from last week's peak price of US$7.
"Meal mealie is readily available on the market, both formal and informal markets. In major retail shops such as OK Zimbabwe, a 10kg bag of roller meal is going for US6,15 while Pick n Pay is selling it for an average price of ZWL163,700 00 a major drop from last month's price of ZWL193, 000 00 showing a great improvement in volumes of supply and also a reduction in the price of mealie meal.
"In the informal market, the tuckshops and vendors are selling a 10kg bag of roller meal at US5, while street vendors are selling a bucket of maize (20kg) at US10," Chikarakara said.
However, USAID's Early Warning Systems Network (FewsNet) has warned of increased cost of living in Zimdollar and United States dollar terms.
Source - newsday
