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Bread Shortages, Price Hikes Loom In Zimbabwe As Supplies Decline

Bread Shortages, Price Hikes Loom In Zimbabwe As Supplies Decline

Zimbabwe is facing a bread shortage crisis as a result of declining wheat supplies over the past few weeks mainly due to soaring prices of the commodity on the international market.

The crisis is being attributed to the war between Russia and Ukraine, the two largest wheat producers in the world, which started in February this year.

The conflict has resulted in at least 20 major wheat producers suspending exports to counterbalance their own internal demands.

An executive with one of the top milling companies in the country said:

Millers are currently experiencing serious headwinds as the wheat international prices continue to soar and this is being worsened by the weakening of Zimdollar and reduction in wheat allocations.

International wheat prices are now close to breaching the USD700/mt mark, as more than 20 grain-producing countries have suspended exports. The local currency has weakened from US$1:ZW$178 to US$1:ZW$349 since the last bread flour increase in local currency.

At the same time, the local wheat allocations are now being made six to seven weeks apart, instead of every 4 weeks. In essence, it’s a drop in local wheat supply of 35% to 25%. Imported wheat contribution has risen from 30% to 75%.

Local wheat producers have for years been failing to meet local demand citing a lack of enough resources such as money, machinery and inputs.

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14 Comments

zn 3 weeks ago

zvakaoma


Gafa 3 weeks ago

Bread basket of Southern Africa is now a begging buscket of the World


Zuze 3 weeks ago

..... basket case 😡😡😡

stress 3 weeks ago

pakaipa


kz 3 weeks ago

ummm ma1


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MuPfungwe Chaiye 3 weeks ago

Nyaya yehondo iyi ma1. Kushaikwa kwefuel Ukraine and Russia war. Kushaya chikafu Ukraine and Russia war. Kukwira kwemitengo Ukraine and Russia war.. Even kushaya mabasa chaiwo Ukraine and Russia war eeeeeh 🤔🤔


Zuze 3 weeks ago

Kushaikwa kweLeadership - Russo-Ukraine war 😡😡😡

3 weeks ago


factos 3 weeks ago

cry my beloved country crying 😭🤣


bvanyangu 3 weeks ago

bikai chimodho


biggie smalls 3 weeks ago

local farmers here an opportunity presents itself


Briggs 3 weeks ago

Nyika yafa kuti fii vana Blue 💙 muchingogwauta

Vote for Chamisa. Vote for CCC


Zuze 3 weeks ago

Nyika = Zimbabwe
Pasi rese = World

Blue 💙 3 weeks ago

When you say nyika yafa, you mean the world, right? Global inflation is on a rise. We are importing inflation, there's not much we can do about some AssHoles that decised to blow each other the kingdom come. You wanna blame the government for the Russian-Ukraine war? 🤣


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