
-President Michael Sata has described the recent hike in mealie meal prices as unjustified and unacceptable.
And President Sata has told Agriculture and Livestock Emmanuel Chenda that he expects the millers to reach a rational consensus that does not only serve their interests but more significantly, the consumers’.
Mr. Sata said his administration will do everything possible to curb exploitation and maintain the price of mealie meal at satisfactory levels in order to insulate the general populace from bearing the effect of unjustified hikes.
This is contained in a press statement released to the Zambia News and Information Services (ZANIS) in Lusaka today by Special Assistant to the President, George Chellah.
President Sata disclosed that the Food Reserve Agency (FRA) has offloaded an initial 112, 000 metric tonnes of maize on the market and will continue to do so in the subsequent months.
“Therefore, there is no reason or justification why there should be a shortage of mealie meal in any part of the country,” President Sata said.
He told millers and other stakeholders in the sector to do the right thing as opposed to taking positions that will undermine consumer interests and the industry itself in the long term.
President Sata further urged other millers to emulate APG, Simba, Mpongwe, Olympic and African Milling companies among others that have begun to reduce the price of mealie meal.
“Let them take a leaf from other millers that have begun reducing the price of mealie meal such as APG, Simba, Mpongwe, Olympic and African Milling among others,” he added.
Meanwhile, Millers Association of Zambia (MAZ) have with immediate effect reduced the prices of mealie-meal, association acting vice chairperson Chisha Phiri has said.
Mr Phiri said in an interview yesterday that the reduction was as a result of the Government’s move to offload sufficient maize stocks to the millers in the country.
He said the prices of a 25 kilogramme breakfast which was sold between K60, 000 and K 61, 000 had reduced to K55, 000 and K50, 000 for roller meal of the same quantity on wholesale prices.
“I want to confirm that Government has offloaded about one metric tones of maize stock to the millers and it has instructed us to also reduce the prices of the commodities with immediate effect,” Mr Phiri said
He was confident that the reduction of the commodity by the millers would also result into reduced prices of mealie-meal sold by retailers at about K58, 000 countrywide.
On Thursday, the African Milling Company (AMC) reduced mealie-meal prices to K50,000 and that it would print the recommended retail price on all its bags.
Previously the recommended retail price was K55,000 per 25 kilogramme bag of breakfast mealie meal.


































