|Grain millers await Govt intervention|
|Saturday, 07 July 2012 20:40|
The Grain Millers’ Association of Zimbabwe (GMAZ) is anxiously awaiting a Government review of import tariffs of wheat flour upwards in order to help stem the continued leakage of resources and revive the local milling industry.
He also said the figures from the Zimbabwe Revenue Authority’s (Zimra) Ayscuda System showed that the cost of imported wheat flour is relatively cheaper at $493,53 per tonne compared to the price of $510 per tonne which is quoted by the Grain Marketing Board on wheat sold to local millers.
This, he noted, was destroying local production.
Mr Musarara said the local market has enough wheat to supply the nation even without the imported flour.
“If customs are reviewed upwards, then viability is regained and we will have an agreement with the wheat suppliers to supply a six-month cover in three months,” he said.
Figures from GMAZ indicate that over 18 000 people have lost their jobs in the industry during the past five years due to the influx of cheap imported flour.
Mr Musarara last month said “foreign traders are dumping flour in the country and killing local wheat production”.