Govt Buying Maize At $390 Per Tonne

Posted by Tayana

Speaking on the sidelines of an open day held at Bazeley Bridge Depot in Manicaland last week, Grain Marketing Board (GMB) board vice chairman, Mr Basilio Sandamu, said they will be buying maize at $390 per tonne.

Sandamu said said they were expecting to make all payments for delivered grain within two weeks of delivery although farmers delivering groundnuts to GMB are to be given their money on the day of delivery. Said Sandamu:

As far as of now, there are no changes in prices. The Government has not yet informed us about any changes and we are still paying the same prices that we were paying last year. As GMB, this year we are very much prepared for new deliveries and the Government has been very supportive in terms of providing the funds for farmers’ payment. We would like to thank the Government for that because it has given the GMB ability to pay the farmers within two weeks upon delivery of whatever the farmer would have brought to GMB.

More: Herald

The Grain Marketing Board

The Grain Marketing Board (GMB) is a state owned commodity trading enterprise that deals in cereals and oil seeds, the provision of logistic services to the agricultural industry as well as processing of products. The board's main objective is to ensure national food security through... Read More About The Grain Marketing Board

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