Zimbabwe: Grain Millers Seek U.S.$130 Million for Retooling

27 March 2015

The country's grain millers require more than $130 million for retooling in order to operate at full capacity and to cushion against the impact of flour imports on the industry. Speaking at the Second Buy Zimbabwe Baking Industry Stakeholders Conference yesterday, Grain Millers Association of Zimbabwe president Mr Tafadzwa Musarara said there was need for massive investment in the milling industry to boost capacity and viability.

"As you know milling equipment is expensive there should be investment in the sector so that it can manage to sufficiently provide for the local industry. The milling industry is currently operating at 45 percent capacity and there is still more room for improvement," said Mr Musarara.

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