(LUSAKATIMES) Mealie-meal prices stable in Mazabuka
Mealie-meal prices stable in MazabukaDecember 21, 2008
Mealie meal prices on the retail market in Choma have remained stable despite speculations of an impending shortage of the commodity due to reduced production at Choma Milling Company.
A Survey by ZANIS in Choma, Sunday, found the situation normal as there was no panic buying of mealie meal.
Several retail outlets are also well stocked with all brands of Choma Milling Company mealie meal.
Sale persons talked to said demand for mealie meal has remained normal.
The price of a 25 kilogramme bag of breakfast has remained trading at K 51,000 with roller meal for going at K 47, 000 per 25 KG bag.
Choma Milling Company managing director, John Mackatos, last week announced a reduction in production levels due to dwindling stocks of maize.
The Food Reserve Agency (FRA) has released 150 Metric tonnes of White Maize to Kapinga Milling Company of Mazabuka following government directives to off load the commodity to Millers.
Government through the Ministry of Agriculture recently directed FRA to offload maize to millers in an effort to help reduce the price of mealie meal.
Kapinga Milling Company Manager, Grant Mwankontami confirmed the development to ZANIS in Mazabuka, Sunday.
Mr Mwankontami said the release of the maize though not enough will help the company in producing enough mealie meal to satisfy the growing demand of the commodity by its clients in Mazabuka, Kafue and Lusaka.
He said the monthly allocation of 150 metric tonnes from FRA in addition to the maize his company bought from farmers in the last maize marketing period will guarantee a steady supply of mealie meal until April next year.
Mr Mwankontami also said Kapinga Milling will maintain the current price of mealie meal until after the harvest period.
ZANIS/HC/Ends/MM
Labels: INFLATION, MAZABUKA DISTRICT, MEALIE-MEAL
posted by MrK @ 11:43 AM
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