MILLERS Association of Zambia (MAZ) says Zambians should brace themselves for an increase in mealie meal prices because of the upward adjustment of fuel pump prices and unprecedented load shedding which has affected the cost of production.
Association president Allan Sakala told the Daily Nation that some milling companies have already started selling the commodity at new prices because of the increase in fuel pump price by the Energy Regulations Board announced and effected last week.
Mr. Sakala said it had been difficult for millers to sustain their businesses by maintaining the prices of mealie meal when the country had reduced production in all sectors because of increased load shedding and the decision to increase fuel prices.
“Well we expect to effect some increases because the cost of production has gone up. As you are aware the fuel pump prices have gone up.
So we should be effecting those increments but it is not uniform.
It will depend on what each particular milling company wants. As you have seen some milling companies have already started selling their commodities at a new price,” he said.
Mr. Sakala said milling companies were also facing challenges in the procurement of maize adding that the maize from the Food Reserve Agency (FRA) which millers were buying at K65 has increased to K70 and above from other sources.