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NEWS |
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Price of bread up as shortages persist By
Givemore Nyanhi At least two of the supermarkets had empty bread racks, while the only other supermarket that had fresh baked bread in supply was characterised by a long queue of more than 30 people waiting to buy a white loaf of bread for $3 500 in the early afternoon. But it was a different scenario in high-density suburbs such as Warren Park and Mabvuku, where most shopkeepers and tuckshop owners had hiked a loaf of Lobels bread by about 12 percent to $4 000. The shopkeepers argued that they were facing difficulties in the purchase and distribution of bread from major manufacturers because of two reasons: namely the ongoing shortage of fuel and the short supply of wheat in the country due to the poor rains. With the country already making preparations to import wheat, as well as maize, to increase food security, the cost of bread is set to shoot up in response to the import costs and foreign currency necessary to feed the nation, analysts and observers said. All three shops did not have maize meal, the country’s staple food, in supply at all – a situation that began a month ago soon after the March 31 parliamentary polls. Maize meal was not the only product out of supply; sugar has disappeared from the shelves of city supermarkets for a similar period of time. By yesterday afternoon, fresh milk supply showed all the signs that it would soon disappear completely, with shoppers buying even those dairy products they would normally chose to ignore. Traditional Dairibord products have been scarce in most shops for some time now, though a number of new but relatively unknown dairy companies were selling milk, among them yellow packaged Amanzi and white packaged Glen Clova Dairy. Though the products
have vanished from the shelves of most retail shops in the city and
most urban centres countrywide, the products have been resurfacing And most of these
products are being sold at exorbitant levels, a development that could
have negative effects on the central bank’s anti-inflation drive.
The cooking oil that was available yesterday, Sunola Refined Cooking Oil, is manufactured in South Africa, and a 750 ml bottle was selling at $19 700 while a 2-litre bottle was selling at $49 200. Locally manufactured oil was only available on the black market. Zimbabwe Sugar Refineries (ZSR) and Dairibord Zimbabwe Limited (DZL), both of which have been diversifying from their core businesses of sugar and milk respectively, into other sectors such as transport, wholesaling, beverages and value-addition, have yet to come out with official statements on the developments. These listed companies,
alongside other basic commodities manufacturers such as National Foods,
have been diversifying as a way of moving away from raw material supply
problems due to the unavailability of foreign currency - Daily Mirror |
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