THE attempt by bakers to increase the price of bread last week was not a response to a rise in the cost of wheat and the announcement came as a shock to the sector, the Grain Millers’ Association of Zimbabwe
(GMAZ) has said.
Bakeries last week sought to double the bread price from $1,10 to $2,20 citing rising costs of inputs.
Government, through the Ministry of
Industry and Commerce, rejected the
increases as unjustified. Bread is a major staple among Zimbabweans who in the past few weeks have faced shortages or sharp price increases of basic commodities.
In a statement yesterday, GMAZ chairman Mr Tafadzwa Musarara said they were never consulted by bakers on plans to increase the
price of bread last week.The Herald