Pindula
Register Login

Hunger Looms As GMB Runs Out Of Grain

Hunger Looms As GMB Runs Out Of Grain

The Grain Marketing Board (GMB), the custodian of the country’s grain reserves, indefinitely suspended grain allocations to millers for unclear reasons, reported NewsDay.

The publication quoted players in the grain industry on Tuesday as saying GMB reduced maize allocations to millers from 100% to 75% in February and further cut them to 50% last month.

A miller who wanted to remain anonymous was quoted as saying:

We have gone for more than six weeks without an allocation. We are getting supplies every four weeks.

We used to apply and get allocations each month, then submit returns around mid-month. We started getting 75% three months ago, then last month, it went down to 50%.

On Friday last week, we made payments and waited for allocations, but everything just stopped.

They didn’t give us any reasons, but we are told by people at GMB that they want to increase the maize producer price in order to attract deliveries because the $75 000 is now very low.

We are also told stocks are running out and it’s obviously true and that’s why they allowed us to import freely.

A top executive with one of the country’s major millers who preferred anonymity said:

Things were normal and I can confirm the allocations were just stopped and we don’t really know why. I wouldn’t want to lie, but we can only speculate.

Another senior official with a top milling firm told NewsDay that authorities should allow millers to access foreign currency at the RBZ auction. Said the official:

The question for us major millers is that we move huge volumes and our shareholders will be worried about this scenario, where you import maize in US dollars and then you don’t know if you are allowed to sell in US dollars to recover your money without having to then go to the black market and risk huge exchange rate losses.

It would be better if they allowed us to go on the auction like what oil expressers are doing.

Grain is in short supply due to inadequate rainfall in the 2021/22 season as well as the withholding of produce by farmers who want more cash for their harvest.

GMB increased the maize producer by 50% to $75 000 per tonne and the government said it would be paying 30% in US dollars and the rest in local currency.

However, farmers immediately demanded a 50% US dollar payment for their grain.

More: NewsDay

Share Article

Sponsored

More

9 Comments

Dirigsme 1 month ago

Pfumvudza. Command agriculture. Kwahi tichingodhla,tigodhla,maguta. We need a statutory instrument to suspend drought. As long as we have this zany regime nothing we touch shall materialize. Drought are not sanctions by the US. They are not invited by the opposition. God is angry at tyrants and thieves. The world is coming to an end tione kuti Politburo meeting inoitwepi.


Observer 1 month ago

Gross mismanagement and dishonesty. Heads should roll.

Vote. CCC for better management.


manzy 1 month ago

last season it was a number harvest and they said our reserves will go for three years tichidya now over night hanzi hapachina takutotenga 400000 tonnes hey Zacc bass hero


Asalif 1 month ago

I work next to a GMB depot what I witnessed with my own eyes is. When farmers delivered grain Tino Machakaire's trucks came in and load the maize again destined for Zambia , I asked a guy who works there he said they sold the maize in Zambia and DRC for a higher price of more than USD 300 per tonne , Delta Beverages was again integrated into buying the maize since they were importing they were charged more than USD 300 per tonne since it is the price on the international market they see it cheaper because of transportation costs so maize was never stored at GMB chaiuya chatengwa kudhara , that is why they fear farmers may sell direct to consumers like Delta Beverages like they used to do but they were banned


Vision2023 1 month ago

Iwe unoziva chokwadi chaicho

Mart 1 month ago

there is smoke people are just harvesting our reserves should help us through the harvest if once upon a time we had a bumber harvest. we may have lied that we had a good harvest. now the birds have come home to roast


@20 1 month ago

Mateu6vs31Saka musambozvidya mwoyo muchiti, ‘Tichadyeiko?’ kana kuti, ‘Tichanweiko?’ kana kuti, ‘Tichapfekeiko?


Sponsored

More
Fari 1 month ago

Kuzoona gore rapera haaaa pakaipa


MuPfungwe Chaiye 1 month ago

Chaaii 🙆‍♀️🙆‍♀️🙆‍♀️🙆‍♀️🙆‍♀️🙆‍♀️🙆‍♀️🙆‍♀️🙆‍♀️🙆‍♀️🙆‍♀️🙆‍♀️🙆‍♀️



Leave a comment


Recent News


News Categories



Give us Feedback