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Home » Government seeks to stabilise grain prices

Government seeks to stabilise grain prices

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FINANCE minister Mthuli Ncube says the government will provide interim relief to millers by releasing wheat and maize reserves with a view to stabilise grain prices.
This comes as the country experienced a less than anticipated output during the 2021/2022 season, mainly due to late and uneven rainfall distribution patterns.

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“Government has noted that there is a looming shortage of maize meal and flour in the market, which has resulted in a sharp increase in the price of bread and mealie-meal to levels … ordinary citizens cannot afford,” Ncube told the media this week.

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