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A mealie-meal price hike of up to 45 percent is looming as millers here seek to recoup spiralling input costs due to the devaluation of the dollar and the recent fuel price increase, ‘The Financial Gazette’ said on Thursday.
The newspaper said salary hikes of up to 45 percent awarded to workers in the industry last month were also putting immense pressure on millers to increase the price of mealie-meal (ground maize flour), the staple diet of the majority of Zimbabweans.
“We have had certain production inputs going up in the last few weeks.
Several millers, especially small millers, are looking at upping the price of the end product in the next few days,” Titus Ncube, president of the Grain Millers Association of Zimbabwe, told ‘The Financial Gazette’.
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