Wednesday, May 02, 2007

Price of maize increases in Zim

The cost of maize, a basic food staple, in Zimbabwe will rise seven-fold, the country's government has announced.

The price of a 10-kilogram bag of the grain will now cost more than 41,000 Zimbabwe dollars (16 cents), from just over 6,000, a minister said.

The huge rise in the price of maize comes after inflation in Zimbabwe reached 2,200% in March....Agricultural Minister Rugare Gumbo said the big price rise reflected pay rises for farmers to support maize production.

No comments:

Free hit counters
Free hit counters