Millers calm nerves on mealie-meal prices

THE Millers Association of Zambia (MAZ) has said the removal of the maize subsidy will not spur mealie-meal price increases immediately.
MAZ president Allan Sakala said in an interview yesterday that removing the subsidy on maize will make the trading environment more competitive as the millers would have the liberty to fix the price of the commodity.
“The removal of the maize subsidy is a welcome move because the trading environment will be more competitive and mealie-meal will become a single-priced commodity,” he said.
He, however, pointed out that the prices of the commodity might go up towards the end of the year as the cost of maize would also shoot up.
Agriculture and Livestock Minister Bob Sichinga said the decision to remove the subsidy on maize was aimed at reducing losses that the Government had incurred in financing millers to enable them to maintain stable prices.