ZAMBEEF Product Plc says it will not hike prices of bread as Zambia has sufficient stocks of wheat to satisfy demand and safeguard food security.
Zambeef Group head of public relations Justo Kopulande said recent reports on the hike of bread are unjustified because millers have bought enough wheat to meet the demand of consumers.
“As far as the company is aware, millers have bought enough wheat to meet the demand and therefore do not need to import this commodity,” he said.
According to latest reports from the Zambia National Farmers Union, Zambia has 187,039 tonnes of wheat available in stock which would last for 9.35 months at a consumption level of 20,000 tonnes per month.
He said the company is a large producer of bread and wheat adding that if VAT was to be removed from wheat flour and bread, the price of bread would instantly reduce by 16 percent.
Mr Kopulande said this in a statement made available to the Mail yesterday. He said wheat producers have proposed for an import parity pricing model which represents a fair pricing mechanism.
“ We are aware that the price of wheat has always been an issue ,but what wheat producers are proposing is an import parity pricing model ,which is also a win – win situation for all stakeholders who include producers, millers and consumers,” he said.
He said once the proposed pricing mechanism is implemented,it will solve arguments on the current wheat price.
He said in a decade, Zambeef has invested over US$50 million into Zambia’s food security by ensuring that the country has enough wheat.
“In 10 years, Zambeef has endeavoured to contribute to Zambia’s food security, especially in self-sufficiency in wheat by investing US$50 million in irrigation equipment and farming 8,000 hectares to produce wheat,” he said.
He said dependence on food imports jeopardises national food security.
[Zambia Daily Mail]
way to go
oh excuse me fellow blogers i left zed a long time ago.i didnt knw that Zambeef are into baking as well.good move though
witley……me too dude, i didn’t know zambeef also does baking!
but what factors are the bakers looking @ for their proposal to increase the price of bread? i would actually recomend that it be reduced to k4,000.00 per loaf.
How much is a loaf of bread! Am a senior dependant have no crue on such things!
BREAD SURE…WHAT IS BREAD, TALK ABOUT THE PRICES OF TUJILIJILI, PRICES OF PAMELA, PRICES OF CHIBUKU, KACHASU, PRICES OF JOHN CENA BUNS, PRICES OF USED COOKING OIL AND PRICES OF VITUMBUWA
what about the price of electricity? reduce please…and it is so stupid to justify the fact that zambia has so much wheat so bread prices shouldn’t go up, the same exact reasons justify a need to reduce the prices of wheat products (including bread) such as beer and baked goods. But most importantly Zambia has had 3 successive bumper harvests and GRZ is selling maize extremely cheaply i.e. at around $170 when around SADC it goes for $240….why then are we still blaming fuel for mealie meal prices? And why is fuel still expensive? The Commission of Inquiry into ERB is now taking all sorts of strange avenues concerning procurement whilst chewing up tax payers money…they are concentrating on breaches in procurement
ZAMBEEF SHOULD IMPROVE ON QUALITY TOOOO!
the commission of inquiry into ERB should concentrate more on what needs to be done to reduce prices (now we have Kabimba castigating the PS for not being knowledgeable on PPA, surely that is sad but that is time being paid for by tax payers Kabimba is wasting on such issues which should be tackled by separate capable wings of govt)
a team needs to investigate how to go about reducing the pump price, working with indeni and international regulators and companies!
THE NEW PF GOVT MUST NOW ABOLISH VAT ON FLOUR, SUGAR,MEALIEMEAL,RICE,BREAD,SOFT DRINKS AND BABY FOODS PRODUCTS AND THEY SHOULD INCREASE VAT ON CHIBUKU,MOSI,AND KACHASU AND THE REST OF ALCOHOL PRODUCTS
Am out of touch. Zambeef making bread?
@ kachigamba you think at my level. I have been calling for increase on alcohol tax for years now. Hahahaha at reducing tax on baby food; are we also new PARENTS?
@ 1984 how are you my brother?
@ 1984 not only that I think they produce sugar as well. A twist in a good and wise direction on the 1984 eye opener isn’t it? Plus they do poultry as well which is a cousin of beef.
Nadabwa naine, banayamba liti kupanga ma buns? I thought these guys bacheka che nyama, na matumbo yang’ombe. Maybe they are into cheese burgers.
I am short of not commenting. We have a nation which is at the point it can turn around and be counted in terms of good leaving conditions. The problem is that the leadership has been questionable for a long time. If truely PF what to help the masses; electricity, wheat, fuel, housing and other essentials can be brought down to reasonable prices through simple measures like reducing taxes, reducing production cost, build 4 000 housing unites per year in four major cities, consult more on what needs to be done and how best these can be done. So far PF is giving us mixed feelings. Pls PF do not take the route of fixing prices…. this will cost the nation dearly, workout things in a manner which will make production cost to fall, the rest will be in place naturally
@ 2, 3, 11
Zambeef has now grow big. I hear one of the UN affiliates has bought shares in Zambeef.Zambeef has also extended there businness to west Africa, with a pork processing plant in lagos and another pork plant in Ghana.
Zambee: beef and its products
Zam palm: Palm Plantation
Masterpork: Pork and its products
They are also producing mealie meal, bread,stock feed and many more
@10 & @12 How does the govt increase vat on kachasu,? same thing as asking them to increase vat on all illegal drugs.
Spot on @ 10 all food must be free of vat while drugs like alcohol should attract more tax! Govt spends a lot of money on irresponsible drug abuse education and far from winning, just check and see how alcohol is being consumed including smoking. Something too must be done as regards docility for we behave like people sitting on a hot stove crying that we are burning but doing nothing to help ourselves! Lets concertedly learn to boycott those things affecting “more money in our pockets!”
@2,3,11 & 17 Thanks for putting me in the picture as well.From the title of this article I really wondered what Zambeef’s business was with bread!
#17 Shows what an enabling business environment there was under the leadership of LPM and RB.
Kachigamba just because you are a teetotaller doesnt mean you should discriminate agaisnt us the happy people. Twakana Chibuku should be even cheaper
zambeef offers the best beef , chicken and pork products in Ghana. They are a gurus in business. we need companies like that
@Mwanawakwitu am fine my brother and how you? Lets us keep watching.
I like this, food must be affordable and accessible by all.
Sounds like superloaf pronouncements to me. baseless, selfdefeating! What benefit does a company achieve by sounding like they are a charity, when we all know they are there for profit.
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