The revised price is higher than what most farmers received during the last harvest.
maize imports declined to about 947,100 tonnes from 1.5 million tonnes imported over the same period in 2024.
The Monkey Bay incident has reignited debate around Finance Minister Joseph Mwanamvekha’s recent projection that maize prices could fall to below K20,000 per 50kg bag (US$ 12) by August this year.
With annual domestic consumption estimated at around 12 million tonnes, the current harvest places South Africa firmly in surplus.
The addition of an alternative brand could lead to price competition and potentially improved access to maize meal