News

Bumper harvest bears fruit

MWILA NTAMBI, Kitwe
PRICES of mealie-meal on the Copperbelt have started falling mainly because of the bumper harvest the country recorded from the 2016/2017 farming season.

In May this year, Government announced that Zambia would record a harvest of 3.6 million tonnes of maize and lifted the ban on maize exports in view of the anticipated bumper harvest.
About three months ago, a 25kg bag of breakfast mealie-meal was fetching between K96 and K106, and in some cases as high as K120.
But a check by the Daily Mail in retail outlets in Kitwe yesterday established that the prices of mealie-meal have fallen significantly.
At Olympic Milling wholesale depot at Chisokone market, a 25kg bag of breakfast mealie-meal was selling at K73 while the same quantity of roller meal was going at K57.
A 10kg bag of breakfast mealie-meal was being sold at K35.
At G and G retail shop at Parklands Shopping Centre, a 25kg bag of Jamas breakfast mealie-meal was pegged at K72 while roller meal was selling at K46.
A 20kg bag of Jamas breakfast mealie-meal was pegged at K58 while a 10kg bag of breakfast and roller mealie-meal were being sold at K32 and K22, respectively.
However, at Buchi-Kamitondo market, a 25kg bag of breakfast mealie-meal was still pegged at between K80 and K85.
According to a trader Enelesi Mwanza, most mealie-meal dealers at Buchi-Kamitondo market are still selling old stock and that is why the prices are still high.






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