Bread price goes up again
SENIOR STAFF WRITER
BAKERS have increased the price of bread by 36 percent for a standard loaf, citing increased production costs and challenges in the procurement of flour, the Daily News reports.
“We spoke with the National Bakers Association of Zimbabwe and they have indicated that the price of flour has gone up. GMB recently indicated that it was no longer able to supply subsidised wheat to millers.
“As such the flour is now being imported predominantly in US dollars.
“As we know, the Zimbabwe dollar is fast losing value against the US dollar on the black market and as such bakers and retailers are forced to increase their prices in order to meet production costs and to be able to restock,” Mutashu said.