Choma Milling Company has reduced the price of all its brands of mealie meal with immediate effect.
Company managing director, John Mackatos, told ZANIS in Choma today that breakfast mealie meal has been reduced to K 54,080 for a 25 kilogramme bag from K59,000 while roller meal has been pegged at
K37,800 from K41,800.
Mr. Mackatos said he expected the price of mealie meal to stabilize because of the maize bumper harvest.
He also disclosed that the milling plant has since started buying maize from local farmers to beef up stocks which had been depleted resulting in a steady rise in the price of mealie meal.
Mr. Mackatos said enough stocks of maize will be bought from local farmers to see the milling plant up to the next marketing season.
ZANIS/ENDS/CM/EB
Very good. These are the tangible results of a working economy.
Very good news, lets hope they dont end up pa black market.
But this is not enough, other commodities are expensive, so we expect mealie to reduce further to cushion the impact of our small budgets.
chawama, hope tabubolele, or wet by the rains.