Zimbabweans are taking flak from the Ukraine/Russia conflict.
On Monday, the Grain Millers Association of Zimbabwe (GMAZ) announced a 15% increase in the price of mealie meal and bread flour.
GMAZ chair Tafadzwa Musarara said the increase was the result of the Russia — Ukraine war and warned that prices may rise further because of supply chain challenges.
“The Grain Marketing Board had increased the cost of maize from ZWL$43,000 to ZWL$50,000 per tonne, necessitating an upward review in mealie meal prices. Coupled with this, fuel prices have also surged with the geopolitics in the Balkan region, in particular the Russia-Ukraine conflict, adding substantially to operating costs,” said Musarara.
The retail price for 10kg of Roller Meal brand maize meal will increase from ZWL$955 to ZWL$1,099. Bread flour will rise 14.74% from ZWL$119,000 to ZWL$136,544 a tonne.
GMAZ said it was costing significantly more to get wheat into the country with the landing price increasing from US$475 to US$675.
Zimbabwe requires 400,000 tonnes of wheat a year, mainly for flour and bread. The country imports 50% of the wheat from Russia.
Last week, Zimbabwe increased fuel prices twice in five days. The hike was attributed to surging international oil prices.
Ukraine turmoil leads to drastic price increases for mealie meal and flour in Zimbabwe
Zimbabweans are taking flak from the Ukraine/Russia conflict.
On Monday, the Grain Millers Association of Zimbabwe (GMAZ) announced a 15% increase in the price of mealie meal and bread flour.
GMAZ chair Tafadzwa Musarara said the increase was the result of the Russia — Ukraine war and warned that prices may rise further because of supply chain challenges.
“The Grain Marketing Board had increased the cost of maize from ZWL$43,000 to ZWL$50,000 per tonne, necessitating an upward review in mealie meal prices. Coupled with this, fuel prices have also surged with the geopolitics in the Balkan region, in particular the Russia-Ukraine conflict, adding substantially to operating costs,” said Musarara.
The retail price for 10kg of Roller Meal brand maize meal will increase from ZWL$955 to ZWL$1,099. Bread flour will rise 14.74% from ZWL$119,000 to ZWL$136,544 a tonne.
GMAZ said it was costing significantly more to get wheat into the country with the landing price increasing from US$475 to US$675.
Zimbabwe requires 400,000 tonnes of wheat a year, mainly for flour and bread. The country imports 50% of the wheat from Russia.
Last week, Zimbabwe increased fuel prices twice in five days. The hike was attributed to surging international oil prices.