FRA pays out K1bn to maize farmers
THE Food Reserve Agency (FRA) has paid out K1 billion to farmers that have delivered over 223,000 metric tonnes of Grade A white maize during this year’s on-going crop-marketing season.
Tag: FRA
HIGH COST OF LIVING GLOBAL – UPND MP
IT is being selfish for the civil society organisations to heap the blame on Government over the high cost of living because the phenomenon is global from which Zambia should not be isolated, Chinga Miyutu has said.
CTPD PREDICTS HIGHER MEALIE MEAL PRICES
CENTRE for Trade Policy and Development (CTPD) says, the country is likely to have challenges in addressing the escalating mealie meal prices due to high prices the main is being procured at.
FRA buys 146, 900 MT of maize
THE Food Reserve Agency (FRA) says it has procured about 146, 948 metric tonnes as of July 25, 2023 in the ongoing marketing season.
WE’RE NOT GREEDY – MILLERS
MEALIE Meal prices are being driven by the escalating cost of maize prices on the open market and not by the appetite of profit maximisation or greed, the Millers Association of Zambia (MAZ) has said.
NATSAVE TO GET K500M RECAPITALISATION BOOST
THE Government plans to recapitalise the National Savings and Credit Bank (NATSAVE) at a cost of K500 million.
FOREIGNERS BUYING, SMUGGLING MAIZE -GRAIN TRADERS
GRAIN Traders Association of Zambia (GTAZ) has questioned the security at Nakonde border as foreigners buy maize and smuggle it out of the country when government has not issued any export permits to anyone.
TANZANIAN MAIZE TRADERS SWINDLED
TANZANIAN grain traders who bought maize from the Food Reserve Agency (FRA) through third party Zambian agents may have been swindled out of more than K17 million.
TANZANIANS THREATEN TO SUE GOV’T
TANZANIAN maize traders that bought maize from the Food Reserve Agency (FRA) but failed to export the maize after Government refused to issue export permits have threatened to take legal action.
Nakonde farmers selling maize to Kenyan grain traders
WHILE the Food Reserve Agency (FRA) is waiting for the normal moisture content to start buying maize, farmers in Nakonde are currently selling the grain to Kenyan grain traders at K600 per 50 kilogramme (kg) bag.