G.M.A.Z Welcomes Ban On Maize Imports

By Oriel Khumalo

The Grain Millers Association of Zimbabwe(GMAZ) has welcomed the Government’s ban on maize imports following the good rains with expectations of surplus maize production.

Due to perennial droughts, Zimbabwe has been importing an average of 100,000 tonnes of maize per month .Reserve Bank of Zimbabwe Governor Dr John Mangudya on Monday effected suspension on grain imports which will save the much needed foreign currency .

“We are now able to save US$ 30 million from the 100 000 tonnes that we have been importing monthly . Therefore what this means is that we now have to produce more as our productive sectors of the economy such as manufacturing and agriculture will receive more foreign currency allocation through the auction system , ” he said.

GMAZ spokesperson Garikai Chaunza whilst speaking to Skyz Metro Fm news said this was a positive development which will promote local industry and help save the much needed foreign currency.

“This is a very positive move to us we welcome the development that Government is going to ban forthwith importation of maize meal . This will help the country save the much needed foreign currency . I think you will agree with me that whenever there is a bumper harvest or whenever there is enough supply of roller meal or any product you will find out that the price of the product is expected to go down. So we are expecting a reduction in the prices of mealie meal due to this bumper harvest that the country is expecting at the moment ,” said Chaunza.

The country is expected to produce about 2.8 million tonnes of maize this year against a national consumption of 1.8 million tonnes annually.

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