GMAZ Public Relations Manager Garikai Chaunza announces when prices of mealie-meal will go down

0

Millers have started receiving maize from the Grain Marketing Board (GMB) at a subsidised price, in a move which will ensure that mealie meal is affordable in line with recent government policy announcement.

The price of roller meal recently shot up to over ZWL$100.00 for a 10-kilogramme bag, and the government has since responded by announcing a subsidy on the basic commodity slashing the price to ZWL$50.00.

Following the government’s intervention, members of the Grain Millers Association of Zimbabwe (GMAZ) have started receiving maize from GMB, with GMAZ Public Relations Manager, Garikai Chaunza saying the development will ensure availability of mealie-meal at lower prices.

“I would like to inform the nation that starting from next week the prices of roller meal will start to flop as a result of the agreement which was made by the government and GMAZ’’

President Emmerson Mnangagwa’s government has come up with measures to ensure that subsidies do not go to waste by targeting specific producers of key products.

In the 2020 national budget presentation, the Finance and Economic Development minister, Professor Mthuli Ncube proposed a people centred budget which would see government introducing subsidies and vouchers to ensure all basic commodities such as mealie meal, cooking oil, rice among others are affordable to the public amid hikes in general prices due to an unstable economic environment.

— ZBC


Breaking News via Email

Enter your email address to subscribe to our website and receive notifications of Breaking News by email.


Loading...