Current bread price to remain: GRAIN Millers Association
GRAIN Millers Association of Zimbabwe (GMAZ) says the current bread price will remain in place until the foreign currency situation in the country improves.
GRAIN Millers Association of Zimbabwe (GMAZ) says the current bread price will remain in place until the foreign currency situation in the country improves.
The price of a loaf of bread increased from $1 to $1.10.
Addressing the Bulawayo Press Club on Thursday GMAZ chairperson Tafadzwa Musarara said they rely heavily of wheat imports to meet local demand for bread and other
โIn Zimbabwe we import a lot of wheat and in the process we have been affected by lack of foreign currency allocation to import more in time,” said Musarara.
“If we maintain the previous prices there is going to be a shortage in supply but if we maintain the current price structure we will be able to produce enough bread”.
Musarara said they have also noted an upsurge in the production of bread.
โBread supply increased from eight hundred thousand (800 000) to one million six hundred (1, 6 million) a day with wheat increasing from 365 000 tones per year to 450 000 tones per year.โ
While responding to questions from journalists he noted that wheat products like flour, Macaroni and biscuits are no longer imported in Zimbabwe.
โBread is currently on 50 percent supply however in rural areas there is not enough supply,” said Musarara.
โWheat related products have high demand on the market and this is due to generational change of diet from the age of 6 months to 35 years.โ
Musarara also implored farmers to sell their produce to the Grain Marketing Board (GMB) where they can get the highest prices.