Zimbabwe: Mealie meal and flour prices increase by 15 percent

Published Mar 11, 2022

Tridge summary

The Grain Millers Association of Zimbabwe (GMAZ) announced an increase in the prices of mealie meal and flour due to a review by the Grain Marketing Board and depressed supplies from the ongoing conflict between Russia and Ukraine, which are the world's largest wheat producers. The price of maize has been increased by ZW$43 000 to ZW$50 000 per metric tonne, leading to a 15% increase in the retail price of 10kg Roller Meal and a 14,74% increase in the price of bread flour. The war in Ukraine has also surged the price of wheat, leading to anticipated increases in bread prices. Zimbabwe, as the region's biggest net importer of Russian wheat, is struggling to maintain sufficient supply amidst locally initiated measures to ensure availability of bread nationwide.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The prices of mealie meal and flour shot up Thursday, in a development which adds further strain to consumers. The Grain Millers Association of Zimbabwe (GMAZ) announced the increase in statement, attributing the increase in the price of mealie meal to recent upward review of the stapple by the Grain Marketing Board (GMB). The increase in the price of flour, GMAZ said, was a result of depressed supplies owing to the ongoing armed conflict between Russia and Ukraine. Russia and Ukraine are the world's two largest wheat producers. GMB increased the cost of maize from ZW$43 000 to ZW$50 000 per metric tonne. GMAZ president Tafadzwa Musara said the recent fuel price hikes have also left the millers with no choice except to pass down the cost to consumers. "Maize meal retail price for 10kg Roller Meal will increase by 15 percent from ZW$955 to ZW$1 099. Bread flour will move up by 14,74 percent from ZW$ 119 000 to ZW$136 544 per metric tonne," he said. The millers said the price of ...
Source: All Africa

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