Harare – Bread price was set to go up after bakers announced a new price for both wholesales and retailers’ price with the effect from Wednesday, the 6th March 2019.
In a letter to the Spar Managing Director, Mr. Terrence Yaetman, the Innscor Africa United t/a Bakers Inn Management said from Wednesday, a standard loaf will cost$2, 70 for retail and $2.50 for wholesale deliveries.
“This letter serves to inform you that the prices Innscor Africa United t/a Bakers Inn Bakeries effective Wednesday 6th March 2019 are as follow: Standard loaf All variants per unit is $2.50 for Wholesale Delivered Price and $2.70 for Recommended Retail Price, “ the letter reads.
This is the second time this year that the price of bread has increased of but government has tried to no avail to keep it low.
In February 2019, the county experience a shortage of bread due to the lack of foreign currency to import wheat for flour.
This comes as a local bread maker had announced that bread can be baked from locally produced wheat without blending it with imported ingredients as widely believed.
Brainman Investments founder Douglas Kwande last week told cabinet that it was possible to make bread using local wheat.
Kwande explained to the President Emmerson Mnangagwa and Cabinet how he was managing to produce quality bread using locally produced wheat.
He said currently he is producing 5 000 loaves daily, supplying the Gweru market where his operations are based.