Maize Meal Prices To Rise
Monday, December 11, 2017
The association said although consumers will have access to maize meal on shelves, the price of maize meal will rise over the period December 2017 to February 2018.
According to the association chairperson, Nkosi Mwaba, this is a result of local millers being forced to take-up local maize crop at a price higher than the current landed maize prices derived from SAFEX [South African Futures Exchange].
Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...