African Milling Limited has with immediate effect reduced the prices of mealie meal from K150 to 130 ex- factory, a top company official has said.

The reduction, according to African Milling Sales and Marketing Manager Jomo Matululu is as a result of the tripartite agreement signed between the milling company, grain traders and the Food Reserve Agency (FRA). The recommended retail price for African Milling mealie meal in Lusaka would be K 136.

During the commissioning of the expanded African Milling plant in Lusaka last week, management of the company assured President Edgar Lungu that they would reduce the prices of mealie meal this week.

Government has in the past been working on modalities of reducing the prices of the staple food with several interventions being undertaken by various stakeholders in the milling industry.

“If you recall during the launch of our expanded plant we had assured the President and the country at large that we would reduce the prices of mealie meal and true to our words we have done it. As African Milling we are here to serve the Zambian people and ensure that we offer our commodity at affordable price for all and so we have reduced the prices from K150 to K 130 ex-factory and our recommend retail prices for Lusaka is K 136 fo a 25 kg bag,” said Mr Matululu.

Issued by African Milling management