RETAILERS IN ZVISHAVANE DEFY GOVERNMENT ORDER TO REDUCE SEED PRICES
Written by Panashe MAdzinga on October 31, 2018
Seed and fertiliser producers have started reducing prices following Monday’s meeting with the President.
Information, Publicity and Broadcasting Services Minister Monica Mutsvangwa confirmed the meeting and said a follow -up meeting with seed and fertiliser producers had led to the producers reducing prices by 50 percent
Maize seed and fertiliser prices shot up to unprecedented levels last week. A 10 kilogramme bag of maize seed was pegged at between $90 and $100 from around $30 while a 25 kilogramme bag was being sold at prices ranging from $170 to $251 up from around $70.
The price of a 50 kg bag of fertiliser had gone up to over $100 from around $ 50 and $65.
A snap survey by the Yafm news crew yesterday in Zvishavane and Mberengwa showed that most hardware and retail outlets had not changed their prices while in Gweru and Masvingo nly one outlet had complied and a 10 kg of maize seed now costs between $42 to $55 while a 25 kg bag now costs between $111 and $137 depending on the variety and seed house. Fertiliser prices are back to between $50 and $65 for a 50 kg bag.