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*Grain Millers Hike Mealie Meal Price By 52 Percent*

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The Grain Millers Association of Zimbabwe (GMAZ) has increased the price of a 10kg bag of roller meal by 52 per cent and the price of a tonne of wheat bread flour has been hiked by 32 per cent.

In a statement, GMAZ chairman Tafadzwa Musarara said the price increases came after the Grain Marketing Board (GMB) increased the price of maize and wheat. Reads the statement:

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> With effect from Monday 11 April 2022, the price of grain from Grain Marketing Board (GMB) to Millers went up.

> Commercial white maize price increased by 50% to ZWD75,000 per metric tonne from ZWD 50,000 per metric tonne.

> Wheat rose by 17.8% to ZWD 66,000.00 per metric tonne from ZWD56,000 per metric ton.

> These increments are substantial and millers cannot absorb them. At its urgent virtual meeting on yesterday, the GMAZ Secretariat reported the following price movements;

> a) 10 kg Roller Meal to increase by 52% to ZWD1, 665.00 from ZWD1,099.00

> b) 1 tone of Wheat Bread flour to increase by 31% to ZWD 215,000 from ZWD 164,523 per metric tonne

> These price increments are with immediate effect. However, individual millers and wholesale/retailers are free to negotiate price discounts.

> The costs of packaging, labour, transport, electricity and imported wheat continue to militate against price stabilization efforts.

> We assure the consuming public that our scientific computation model remains reasonable and justified and we have been restrained in our cost accumulation.

> The milling industry remains most indebted to the Ministries of Agriculture, Finance and Industry for the ongoing engagements which are aimed at achieving affordability and availability of our products.

> The subsisting global food inflation crisis is causing serious headwinds, and Zimbabwe is not spared.

> Similar price increases in Maize Meal and Bread flour are also being experienced in other regional countries such as Botswana, South Africa et al.

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