Home Economy Choma Milling reduces mealie meal price by K 4 with immediate effect

Choma Milling reduces mealie meal price by K 4 with immediate effect

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Authorities at Choma Milling Limited have effected a Four Kwacha (K4) reduction on the retail price for a 25kg bag of Mealie meal.

A Check By ZANIS at Choma milling branch in Mazabuka , today, found the commodity now selling at K75.

The reduction on the price from K 79 to K 75 per 25kg bag of breakfast mealie meal follows an ultimatum that was issued by Agriculture Minister Given Lubinda Yesterday.

In his directive, when he paid an impromptu visit to a Choma milling outlet in Mazabuka where he learnt that a 25kg bag was selling at K79, Mr. Lubinda called for a reduced price on the commodity.

The Minister later directed authorities at the milling company to sale the commodity at the recommended price.

He threatened that failure to reduce the price within two hours would lead to his ministry cancelling the contract awarded to the company for it to buy subsidised Maize from Food Reserve Agency.

And Patriotic Front Mazabuka Constituency Chairman Mabvuto Mutolwa in an interview said the intervention by the Minister has cheered many Mazabuka residents.

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15 COMMENTS

    • TED
      SO ITS TRUE THAT MILLERS ARE JUST INFLATING PRICES TO DEFRAUD THE POOR ZAMBIANS, HOW DO YOU JUST REDUCE PRICE AFTER BEING WARNED, AND U REDUCE WITHIN 24HRS. ZAMBIANS CAN BE SO SELFISH-WANTING FELLOW CITIZENS TO SUFFER ALL COZ U HAVE AN UPPER HAND AT THE MOMENT. THIS IS SICKENING.
  1. Napapa Sana
    So what is the "recommended" price for mealie meal? And who "recommends" or determines that price?
  2. Spaka like lilo
    PF trying to fight market forces. It is the export of maize coupled with outdated consumption data that PF have that is skewing supply and demand. But they need to export so as to campaign, they have no money otherwise because IMF refused to cash them out. PF are ruling on a knife edge, with no backup, they are just about keeping the lid on things ,any thing can tip the balance of power in favour of the opposition.
  3. Free slave
    I thought K35 was the price before PF started its nonsense?? K75 is still more than DOUBLE that! I will only be satisfied when it is back to K35!
    • Yambayamba
      @Free slave: What kind of economics did you people in UPND learn in school? The inflation has gone up several folds, the exchange rate has also gone up, and yet you want a bag of mealie meal sold at the price it was Five(5) years ago. This the same dullness your self-proclaimed economist, HH, exhibits when discusses these issues, LOST IN THE JUNGLE. Stop commenting on certain issues if you have such limited knowledge about, it will never hurt you!
  4. Carelesswhisper
    It is difficult to do business in zambia. You buy maize/mealie meal and export to congo, valesa. You gaya using espensive generator electricity Ati " lidusi the plice". You are a jerabo, you are a king and can nix with high profile politicians. By the way, why is it that most of the people in politics in zambia are in one way or another failures in what they were doing before.
    • Yambayamba
      Does the word CONTRACT mean anything to you? If you want to freely charge any price you want on your product (mealie meal), then don't enter into a CONTRACT with the Govt. But market forces will certainly have something to say about it. People will vote with their feet and wallets as you will be competing with cheap mealie meal supplied by Millers sourcing cheap subsidized grain from the FRA. That's how a free liberalized economy supposed to work any way. No one is forcing these Millers to source subsidized maize from the FRA. But for as long as they (millers) are willing to enter into CONTRACTS with the Govt, Govt will always have something to say about it---this is NOT unique to Zambia, that's how it's done everywhere around the world!
    • Yambayamba
      Even here in the U.S., Federal or State Govt contracts always come with conditions. Things like how many LOW INCOME housing units a developer supposed to incorporate in their building plans for them to be awarded a building contract to develop a particular area. Or how many sub-contracts should be awarded to say minority or women owned businesses. And the list goes on. And a contractor can't just wake up one day and say I am NOT bound by the terms of the contract, without any renegotiations, because gasoline or electricity prices have gone up a few cents. So don't bother me you sons of "b..ches" in Govt. It doesn't work that way!
  5. Prayer Warrior for HH
    In Jesus Christ, no weapon fashioned against HH will prosper and every tongue speaking falsehood against HH is condemned for that is HH's heritage as the beloved of the Lord. All incantations railed against HH from the pit of hell boomerang back to the devil and his agents and are rendered null and void. Any demonic confederacy that cabal a stratagem of lies, slander, smear, falsehood break your teeth and bones in the Name of Jesus, a curse full of demonic assaults and bondage engrains into your destiny all that is yours unto a thousand generations!!

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