These rice prices to speculation in the city of Yaounde
The prices of the rice practiced in the various markets of the city of Yaounde are totally on the sidelines of those approved by the Ministry of Commerce. The cheapest kg of rice is purchased at 400 f, thus an increase of 50f of the price approved by the authority in charge of food prices. Indeed for the sellers, the price increase is due to the costs of imports of the product, which affects the price of the bag. Which is to say that not only all the brands are impacted where the bag of 50 kg by Bijou goes from 16500 f to 21000f ..., it is the same on the retailers. But what is curious is that my prices are not displayed as approved by the Ministry of Commerce. Indeed, it is expected 350 f maximum for the kg of rice with 25% of broken rice and 450 for those with 5% of broken rice such as Bijou. But with the purchase, these prices increase from 25 f to 50 f. meanwhile, the ministry remains firm on the issue. "The price of rice has not increased," says Barbara Aline Elemva-Amana, head of the national brigade for fraud control and suppression. So these are crooked traders who are entering into these unhealthy practices because neither import nor officially, the price of rice has not been revised upward.
