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Bakers Want To Sell Bread In US Dollars

Bakers Want To Sell Bread In US Dollars

Zimbabwe may experience bread shortages after grain millers threatened to stop producing flour due to undersupply of wheat.

Bakers are also agitating for permission to sell bread exclusively in US dollars to ensure the viability of the industry.

NewZimbabwe.com reported sources as saying the industry has a serious backlog regarding forex payments which had risen to US$5 million.

This backlog is for flour already supplied by millers to bakers.

On 17 June, Reserve Bank of Zimbabwe (RBZ) officials, bakers and millers met to discuss several issues but the meeting ended in a deadlock.

Bakers want to sell bread in US dollars, arguing that this will make them self-sufficient, just like fuel dealers, but the RBZ was said to be against the idea.

The RBZ is reportedly concerned that if bread was to be sold in foreign currency, it would automatically mean the country has dollarised and unions will push for US dollar salaries.

The milling and baking industry criticised their principal representative, Grain Millers Association of Zimbabwe (GMAZ) chairperson Tafadzwa Musarara for failing to convince authorities to accept their demands. Said a NewZimbabwe.com source:

We met and agreed that Musarara was supposed to advise authorities that we should commence the sale of flour and bread in USD just as has been done with fuel so that we can be self-sufficient however it appears he was sweet-talked and came with nothing.

It is now two weeks since that meeting and we have had no movement, we have secured 20 000 tonnes of wheat which is already in the country and can only be released once payment is made.

More: NewZimbabwe.com

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31 Comments

Nick Mangwana 1 month ago

Are you in United States of America


Blue ­čĺÖ 1┬ámonth ago

unogwara iwe, zidzetse

Chinotimba 1 month ago

pambili neUSD, pasi neRtgs

ViVA CCC
ViVA NHM
Pasi ­čÉŐ


Asalif 1 month ago

where unaccounted gold and chrome is being sold is were the USD$ will come from arikufumuka low low wani madhiri avo handit vakanopopota kuBeira uko over containers which where loaded with chrome we thought it was a private investor who is mining at Mashava not knowing ndivo the trucks are on the highway 24-7

Trey 1 month ago

Saka unofunga kuti Chamisa akapinda maUSD acho anomawanepi, haagadzirwe kumba kwake kaa aya

Chawabvunza 1 month ago

This is madness and Gvt must never allow such unruly practices. If they want USD then they must go to America. It's time Gvt nationalis the milling and baking industry and any other industry trying to sabotage the nation

#NYIKA INO VAKWA NE VENE VAYO
#PAMBERI NE ZIM DOLLAR
[PAMBERI NE ZANU PF]


Mafirakureva 1 month ago

@Freda .... if not DUST it turns to RUST (like all buildings in the industrial sites)

Freda 1 month ago

Everything touched by zanu pf turns to dust.

Asalif 1 month ago

as far as wheat ­čîż is concerned don't worry me Blue ­čĺÖ I can supply the whole country it's only a matter of days it will be ripe that is why we bought spares for fumigation planes ­čśů­čśů­čśů­čÖî­čÖî


Stoicist 1 month ago

Purely on economic grounds,Zimbabwe is radically transforming but everything is being shadowed by Sabotaging business world conducting business in political outfits!

Pambili nokuvambanaÔťŐ


Jamutingo 1 month ago

Ko tuma bhekari purojekiti tuye tuchiri kubika chingwa here?kikikiki ende futi


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gett0 yut 1 month ago

i last eat bread in 1994 .


MS 1 month ago

Chief ka ! Kkk

­čŚú´ŞĆ Voiceless 1┬ámonth ago

you people who don't think stri during elections, you the ones to blame.
Change is possible if we have common goal in mind, right now most of you are voting this so called Zanu zanu.
Yet you say zvinhu zvakudura,you being bought by fertilizer while you don't have a land to farm it.
They is nowhere you will here retailers saying "those with Zanu cards you buy meal mealie athf price $3000ZWL,while the rest you buy at 6000zwl.We all suffer buying expensive basic commodities.

You people who voted for this Zanu, we are all together in this seeking bout. Whose your brains to see the reality what's happening in this forsaken nation.
Your children are suffering because of you who still say I vote for Zanu right now your child is jobless but you still say " I belong to Zanu"

You are earning peanuts $35000ZWL and yet your landlord is saying pay rent in foreigy currency then you still say "mpamberi nhe Zanu"

What are you really saying forward for?, forward with poverty, yes because we are suffering, mpamberi nhe ku shaya mabasa, forward with lack of jobs, forward with it, forward with corruption, forward with it.

you can't be rallying for something that makes the majority to suffer.
Right now form 4's registration is $11usd or $24usd for +8 subjects but you parents you still say mbare nhe Zanu. For what some of your grand children won't register because you, you the ones to blame. Your relatives can't afford to register for their kids, but you still say " pamberi nhe Zanu" what for ?.

Whose your brains in 2023 and vote right, we tired of this suffering.

You will hear someone saying sactions sactions, it's not a matter of that but failing system.


Machiavelli 1 month ago

Bravo ­čĹĆ­čĆż­čĹĆ­čĆż­čĹĆ­čĆż
Couldn't have said it better.

Jah­čç┐­čç╝Tsvarie-07 1┬ámonth ago

US$ is the only way to go, if the top don't embrace then we also wont be able to coz its not buying...


Captain Jack Sparrow 1 month ago

If the finance minister is confident in the Zim dollar why does he not insist that all exports should be paid in Zim dollars?


Chimboti Pizza 1 month ago

Aewa musoro bhangu @Captain Jack Sparrow, maUSD tinozomada pakuimporter masinh but for malocal transactions using the zim dollar will ensure stability

Asalif 1 month ago

kkkkkk that is why the Russians pulled out of the Great Dyke lnvestiments deal and that Chinese guy who gave back their Mine and The Lafage saga which is keeping their heads rolling that is why he was in Gweru I think he is still there foreign investors are pulling out

Putin ­čçĚ­čç║ OG ­čÉŐ 1┬ámonth ago

vharai muone kuti tinofa here?magara muchibhadharisa ne $ rate renyu rema 650haasi ma USD here #chimodho


­čŹ×­čŹ×­čŹ× 1┬ámonth ago

this time mukumwa tea nesadza rakagochwa did you ever did that kumusha roasting left over sadza on the cooking stand then take it as bread ­čśů­čśů­čśů­čśů­čśů­čśů­čśů


Hallmark 1 month ago

jus close your businesses and see if, people will die for not eating your precious mineral called Bread, all what you think is increasing prices not salaries


­čśü 1┬ámonth ago

tea nechimunya chesadza chine dovi pakati zvinonaka kudarika chingwa chenyu ichocho


Zuze 1 month ago

Taura mwana wako izvozvo.
Mangwana anoramba kuenda kuchikoro asekwa nevamwe

Mind boggling 1 month ago

Uhm imi vanhu vepundula update us about livingstone. We are not amused by what the police a'd the headmaster have done. Ikozvino vakuda kuti udza kuti akazvisu girira. Mapurisa i**** chaidzo


Chimboti Pizza 1 month ago

Imi vabiki vechingwa musatijairire, maUSD acho anobvepi nhai? Musade kusabotager zim dollar


Zuze 1 month ago

Hoooo, Yuwesi yechingwa ndiyo inoshaikwa, asi yekuHire Gulfstream Business Jet @US$10,000 an hour kuenda ku Scotland, Davos, Belarus, Kenya, Dubai, etc. ndiyo unowanikwa handiti?

Ichibvepi?

Machiavelli 1 month ago

In essence people are voting with their feet. Currency is a medium of exchange as basic economics tells us. In the past, culturally in Zimbabwe as with the rest of sub-Saharan Africa, livestock was the store of value. It was used in important transactions such as Roora. With the advent of colonialism, people sold livestock to send children to school etc. Eventually monetisatisation replaced livestock as storage of value.

In essence we work not just to live a hand-to-mouth existence, but to invest some of those savings for tomorrow. If the currency you are earning cannot be stored house tomorrow, then it becomes worthless. It's this simple reason why people have lost faith in this RTGS business. Put it under a pillow, by vomit would nobody what it is able to buy today. On the other hand the USDollar retains value. No wonder landlords want US Dollars, no wonder business wants US dollars, basically because they cannot use all of the RTGS today. They will want to pay salaries at the end of the month and sadly th RTGS will have lost value by then.

If the Powers-that-be are cognizant of that fact, they will have realised that the economy has self dollarised. They should work on policies that engender TRUST.

People have lost TRUST and FAITH in the currency, system and regime



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