Prices of mealie meal and Flour shot up Thursday.
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.
On Flour GMAZ said, was a result of depressed supplies owing to the ongoing armed conflict between Russia and Ukraine.
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 wheat surged from US$475 to US$675 per tonne, setting the pace for imminent bread price hikes.
“The government sponsored wheat farming programmes have recorded the highest yield since the commencement of wheat farming in Zimbabwe. However, the war in Ukraine has greatly affected dynamics leading to the price increase,” Musarara said.
