Mthuli Ncube<\/a> Thursday morning.<\/p>\nIn his statement, Ncube said government was going to fund procurement of grain at market prices and sell the same to registered maize millers to ensure availability and affordability of the staple.<\/p>\n
\u201cThis model will create fiscal space for treasury to finance other social protection programmes,\u201d he said.<\/p>\n
\u201cGovernment will ensure that the requisite monthly tonnage of 40 000 MT required for producing 32 000 MT of roller meal will be timely availed by GMB to members of the Grain Millers Association of Zimbabwe (GMAZ).<\/p>\n
\u201cIn this regard, the new subsidy model will therefore target the production of roller meal resulting in the retail price of ZWL$50 for a 10 kg bag.\u201d<\/p>\n
He added, \u201cThe payment modalities for the new targeted subsidy for roller meal has been discussed and agreed with GMAZ, whose members have a 95% share of the roller meal market.\u201d<\/p>\n
Presenting his 2020 national budget last month, Ncube scrapped subsidies on maize and wheat saying they were a cost to the government.<\/p>\n
The decision triggered a surge in prices of mealie meal with a 10kg bag of the staple shooting to between ZWL80 and ZWL100.<\/p>\n
Ncube said in his budget statement last month that government subsidies of grain were \u201copen to abuse and placed a huge burden on the fiscus\u201d, adding that intended beneficiaries of the policy sometimes did not enjoy the benefits.<\/p>\n
But addressing Zanu PF youths in Gweru last week, President Emmerson Mnangagwa announced his government was reversing the ban on subsidies to protect impoverished citizens from rising food prices.<\/p>\n
\u201cWe cannot remove the subsidy,\u201d he said. \u201cSo, I am restoring it so that the price of mealie-meal is also reduced (next year).\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
MEALIE meal prices are set to come down after government Thursday announced new subsidy on maize meal in what will see the retail price of a 10kg packet of roller meal pegged at $50. This was announced in a statement by Finance Minister Mthuli Ncube Thursday morning. In his statement, Ncube said government was going […]<\/p>\n","protected":false},"author":84,"featured_media":16341,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,6],"tags":[786,800,807],"class_list":["post-16339","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-gmaz","tag-government-of-zimbabwe","tag-mthuli-ncube"],"yoast_head":"\n
Maize meal prices set to go down as govt restores grain subsidy - zimbabwe<\/title>\n<meta name=\"description\" content=\"MEALIE meal prices are set to come down after government Thursday announced new subsidy on maize meal in what will see the retail\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/maize-meal-prices-set-to-go-down-as-govt-restores-grain-subsidy\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Maize meal prices set to go down as govt restores grain subsidy\" \/>\n<meta property=\"og:description\" content=\"MEALIE meal prices are set to come down after government Thursday announced new subsidy on maize meal in what will see the retail\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/maize-meal-prices-set-to-go-down-as-govt-restores-grain-subsidy\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2019-12-05T14:45:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2019\/12\/Mthuli-Ncube-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"550\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/maize-meal-prices-set-to-go-down-as-govt-restores-grain-subsidy#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/maize-meal-prices-set-to-go-down-as-govt-restores-grain-subsidy\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Maize meal prices set to go down as govt restores grain subsidy\",\"datePublished\":\"2019-12-05T14:45:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/maize-meal-prices-set-to-go-down-as-govt-restores-grain-subsidy\"},\"wordCount\":329,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/maize-meal-prices-set-to-go-down-as-govt-restores-grain-subsidy#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2019\/12\/Mthuli-Ncube-1.jpg\",\"keywords\":[\"GMAZ\",\"Government of Zimbabwe\",\"Mthuli Ncube\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/maize-meal-prices-set-to-go-down-as-govt-restores-grain-subsidy#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/maize-meal-prices-set-to-go-down-as-govt-restores-grain-subsidy\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/maize-meal-prices-set-to-go-down-as-govt-restores-grain-subsidy\",\"name\":\"Maize meal prices set to go down as govt restores grain subsidy - zimbabwe\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/maize-meal-prices-set-to-go-down-as-govt-restores-grain-subsidy#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/maize-meal-prices-set-to-go-down-as-govt-restores-grain-subsidy#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2019\/12\/Mthuli-Ncube-1.jpg\",\"datePublished\":\"2019-12-05T14:45:08+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"MEALIE meal prices are set to come down after government Thursday announced new subsidy on maize meal in what will see the retail\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/maize-meal-prices-set-to-go-down-as-govt-restores-grain-subsidy#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/maize-meal-prices-set-to-go-down-as-govt-restores-grain-subsidy\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/maize-meal-prices-set-to-go-down-as-govt-restores-grain-subsidy#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2019\/12\/Mthuli-Ncube-1.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2019\/12\/Mthuli-Ncube-1.jpg\",\"width\":800,\"height\":550},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/maize-meal-prices-set-to-go-down-as-govt-restores-grain-subsidy#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/zimbabwe\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Maize meal prices set to go down as govt restores grain subsidy\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#website\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/\",\"name\":\"zimbabwe\",\"description\":\"\u0623\u062e\u0628\u0627\u0631 \u064a\u0648\u0645\u064a\u0629 \u0639\u0644\u0649 \u0645\u062f\u0627\u0631 \u0627\u0644\u0633\u0627\u0639\u0629\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/zimbabwe\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Maize meal prices set to go down as govt restores grain subsidy - zimbabwe","description":"MEALIE meal prices are set to come down after government Thursday announced new subsidy on maize meal in what will see the retail","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/maize-meal-prices-set-to-go-down-as-govt-restores-grain-subsidy","og_locale":"en_US","og_type":"article","og_title":"Maize meal prices set to go down as govt restores grain subsidy","og_description":"MEALIE meal prices are set to come down after government Thursday announced new subsidy on maize meal in what will see the retail","og_url":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/maize-meal-prices-set-to-go-down-as-govt-restores-grain-subsidy","og_site_name":"zimbabwe","article_published_time":"2019-12-05T14:45:08+00:00","og_image":[{"width":800,"height":550,"url":"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2019\/12\/Mthuli-Ncube-1.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/maize-meal-prices-set-to-go-down-as-govt-restores-grain-subsidy#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/maize-meal-prices-set-to-go-down-as-govt-restores-grain-subsidy"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Maize meal prices set to go down as govt restores grain subsidy","datePublished":"2019-12-05T14:45:08+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/maize-meal-prices-set-to-go-down-as-govt-restores-grain-subsidy"},"wordCount":329,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/maize-meal-prices-set-to-go-down-as-govt-restores-grain-subsidy#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2019\/12\/Mthuli-Ncube-1.jpg","keywords":["GMAZ","Government of Zimbabwe","Mthuli Ncube"],"articleSection":["all news","Economy"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/zimbabwe\/all-news\/maize-meal-prices-set-to-go-down-as-govt-restores-grain-subsidy#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/maize-meal-prices-set-to-go-down-as-govt-restores-grain-subsidy","url":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/maize-meal-prices-set-to-go-down-as-govt-restores-grain-subsidy","name":"Maize meal prices set to go down as govt restores grain subsidy - zimbabwe","isPartOf":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/maize-meal-prices-set-to-go-down-as-govt-restores-grain-subsidy#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/maize-meal-prices-set-to-go-down-as-govt-restores-grain-subsidy#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2019\/12\/Mthuli-Ncube-1.jpg","datePublished":"2019-12-05T14:45:08+00:00","author":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"MEALIE meal prices are set to come down after government Thursday announced new subsidy on maize meal in what will see the retail","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/maize-meal-prices-set-to-go-down-as-govt-restores-grain-subsidy#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/zimbabwe\/all-news\/maize-meal-prices-set-to-go-down-as-govt-restores-grain-subsidy"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/maize-meal-prices-set-to-go-down-as-govt-restores-grain-subsidy#primaryimage","url":"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2019\/12\/Mthuli-Ncube-1.jpg","contentUrl":"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2019\/12\/Mthuli-Ncube-1.jpg","width":800,"height":550},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/maize-meal-prices-set-to-go-down-as-govt-restores-grain-subsidy#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/zimbabwe\/"},{"@type":"ListItem","position":2,"name":"Maize meal prices set to go down as govt restores grain subsidy"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/zimbabwe\/#website","url":"https:\/\/www.africa-press.net\/zimbabwe\/","name":"zimbabwe","description":"\u0623\u062e\u0628\u0627\u0631 \u064a\u0648\u0645\u064a\u0629 \u0639\u0644\u0649 \u0645\u062f\u0627\u0631 \u0627\u0644\u0633\u0627\u0639\u0629","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/zimbabwe\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren"}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/zimbabwe\/wp-json\/wp\/v2\/posts\/16339","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/zimbabwe\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/zimbabwe\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/zimbabwe\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/zimbabwe\/wp-json\/wp\/v2\/comments?post=16339"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/zimbabwe\/wp-json\/wp\/v2\/posts\/16339\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/zimbabwe\/wp-json\/wp\/v2\/media\/16341"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/zimbabwe\/wp-json\/wp\/v2\/media?parent=16339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/zimbabwe\/wp-json\/wp\/v2\/categories?post=16339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/zimbabwe\/wp-json\/wp\/v2\/tags?post=16339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}