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Alba Iulia
Tuesday, May 26, 2020

Government and Millers to establish national maize stock position before discussions

Economy Government and Millers to establish national maize stock position before discussions

Re-bagged sacks of maize awaiting FRA officials to buy from farmers
GOVERNMENT and the Millers Association of Zambia (MAZ) have resolved to establish a national maize stock position of all stakeholders country-wide within 24 hours.

MAZ chairperson Allan Sakala said this in Lusaka yesterday during a consultative meeting with Government when the association presented its concerns on the high cost of maize and its effects on mealie-meal prices.

Mr Sakala said after the maize stock verification exercise is concluded, stakeholders in the maize value chain will come up with proposals for a feasible solution.

He commended Government for its open-door policy and continued dialogue in addressing the high price of mealie-meal.
The consultative meeting is as a result of the recent price increases in mealie-meal prices.

Meanwhile, Mealie meal prices in Mansa have risen three times in a fortnight despite assurances by millers that there would be no upward adjustments.

The town which has two milling companies, Jimbara and APG, has seen an increase of the staple food from K60 two weeks ago to K85 for breakfast meal.

In some retail outlets, Jimbara maize meal was selling for K70 while the APG brand was retailing between K70and K85.

Other brands like Milile were going at K81 in Shoprite supermarket while National Milling breakfast meal was being sold at K83.

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5 COMMENTS

    • #Chabu, the big liar is yourself-how do you tell the price of ubunga in Mansa, a town with little or no connection to internet, when you are busy swinging in the States?

  1. Visionless everywhere. I thought the stock levels were established a long time ago. Govt, FRA, MAZ if you guys don’t know how much maize we have now (in october) then who does.

  2. The biggest problem in Zambia is that both Wholesalers and Retailers want to have proportionately LARGE margins on their profit mark up. This disconcerting behavior of wanting to get rich quick is what is diminishing the fortunes of the middle class and new entrants onto the job market. Hell, a lot of young people are losing hope in getting independent economically because of the climate of dog-eat-dog… Then again there is government without figures of their stock position…

    • Exactly walasa….that is why we Zambians fail to run not even a small shop because we believe in making abnormal profits while our friends, Asians are content and patient even on a tiny margin of profits. Us its as you said, get rich quick, exploitation of one another and its a vicious circle. Sad indeed.

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