FRA buys less than 10% of target; maize price row continues

While the maize price stand-off rages, the Food Reserve Agency (FRA) has only managed to buy 10% of its targeted 500 000 tons of maize, said a source within the agency. This is as the Zambia National Farmers’ Union (ZNFU) intensified calls on farmers to hold back their crop. Last…

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ZNFU, FRA maize price negotiations deadlock

Maize price negotiations between the Zambia National Farmers Union (ZNFU) and Food Reserve Agency (FRA) have stalled, say sources close to the talks. Meanwhile the grain buying exercise by FRA was still running at a slow pace. According to the sources, lengthy negotiations took place over the weekend but the…

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Create price stabilisation fund to contain maize pricing volatility – EAZ

The Economic Association of Zambia (EAZ) has called on government to create an agricultural stabilisation fund to contain maize pricing volatility. This is as the Policy Monitoring and Research Centre (PMRC) recommended a slew of measures for de-regulation of the maize market. EAZ President Chrispin Mphuka said the creation of…

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More backlash over FRA maize price offer; Lungu urges win-win solution

President Edgar Lungu has weighed in on the backlash over the maize price offer of K60/50kg, urging buyers and sellers to reach a mutually beneficial outcome. Angry farmers have already garnered much sympathy, including from millers who accuse the FRA of being stingy. “There should be a bargaining process so…

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