NEW: GMAZ increases bread flour price

12 Jul, 2022 - 16:07 0 Views
NEW: GMAZ increases bread flour price Setting up bakeries in different parts of the country makes economic sense compared to transporting the bread

The Sunday Mail

Online Reporter

THE Grain Millers Association of Zimbabwe (GMAZ) has increased the price of bread flour by 10 percent, citing a rise in operational costs.

In a statement on Tuesday, GMAZ corporate affairs manager, Mr Andrew Kunambura, said:

“The milling industry continues to face serious inflationary headwinds…The aggregated impact of these movements will be around a 10 percent increase in the price of flour to bakers.

“However, individual millers and bakers will continue to deliberate on prices, leveraging on quantity discounts, payment terms and other considerations.”

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