The PF Government has announced a reduction in mealie meal prices.
Agriculture and Livestock Minister Given Lubinda announced the reduction in mealie meal prices in Lusaka today at a media briefing.Mr Lubinda said the wholesale price of a 25kg bag of breakfast will now be K61.00 from K65.00 while a 25 kg bag of roller meal will now cost K44.00 from K52.00.Mr Lubinda said the reduction in mealie meal prices follows consultations with relevant stakeholders.
Earlier this month Superior Milling Company Limited had reduced its mealie meal prices by more than 3% in all outlets operating outside the line of rail in response to the recent reductions in fuel prices in the country.
Managing director Peter Cottan had said Superior Miling wanted to encourage farmers to produce bumper harvests. We also need to ask ourselves if the price of maize from farmers or the Food Reserve Agency (FRA) is fair or not.
Mr Cottan said his firm had reduced the price of a 25 kilogram bag of breakfast mealie meal from K69 to and the price of a 25 kilogram bag of roller mealie meal had also been reduced from K52 to K50.
The further decrease in the price of mealie meal has been welcomed by many Zambians.When the PF government removed maize subsidies in 2013 mealie prices reached up to K90 per 25kg bag of breakfast and K85 roller meal.