By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Daily NationDaily NationDaily Nation
  • Home
  • News
    News
    Stay informed with the latest breaking news, in-depth analysis, and exclusive reports from around the world. From politics and global affairs to science, technology, and…
    Show More
    Top News
    BAN CAMPING IN DANGEROUS SPITS – NGWIRA
    January 5, 2022
    HH FRUSTRATED
    July 19, 2021
    Doctors decry falling medical education standards
    April 10, 2024
    Latest News
    Civil society demands probe into Kafwaya death By
    August 22, 2026
    ICC should investigate execution of Kafwaya, says Kalaba
    August 21, 2026
    Crowning Chief Mukuni with Paramountcy can create anarchy, warns Litunga
    August 21, 2026
    Mundubile rejects poll results
    August 19, 2026
  • Business
    Business
    Your go-to source for the latest in business, finance, and the economy. Stay ahead with market trends, corporate insights, and expert analysis on entrepreneurship, investments,…
    Show More
    Top News
    China stock swoon could boost US real estate
    March 6, 2025
    Why homeowners are leaving billions on the table
    March 6, 2025
    Lock in now! Stock sell-off sinks mortgage rates
    March 6, 2025
    Latest News
    Tourism expansion can create thousands of jobs – Jito
    August 10, 2026
    From Recovery to Record Growth
    August 10, 2026
    HH directs Mopani, KCM to prioritise youth contracts
    August 5, 2026
    KCM pledges continuity in cultural preservation investment
    August 4, 2026
  • Court News
    Court NewsShow More
    Shoppers can now pay with their mobile wallet at Zambia’s largest retailer 
    August 3, 2026
    LUSAMBO LOSES BAIL BID AGAIN
    July 26, 2026
    ConCourt petitioned to clarify candidate withdrawals
    July 16, 2026
    Kabesha seeks court clarity on independent candidates
    July 2, 2026
    Court extends Mwamba’s bench warrant
    June 24, 2026
  • Sports
    SportsShow More
    Flying Fish extols FIFA World Cup final experience
    July 28, 2026
    Eam Zambia boxers advance with 3 victories in Glasgow Games
    July 28, 2026
    creation.Copper Queens wind up Algeria camp with friendly
    July 22, 2026
    Bernadette Deka Zulu lands top global position
    July 3, 2026
    Immig FC caps dream debut season with trophy presentation to immigration chief
    July 2, 2026
  • Contact
Search
NEWS
  • News
  • Local News
  • Politics
  • Health
  • Court News
  • Tie Business
  • Biz & Corporate
  • Contact Us
  • Privacy Policy
© 2026 Daily Nation Zambia. All Rights Reserved.
Reading: Lungu saluted for liberalising maize floor price
Share
Sign In
0

No products in the cart.

Notification
Font ResizerAa
Daily NationDaily Nation
0
Font ResizerAa
  • Home
  • News
  • Business
  • Court News
  • Sports
  • Contact
Search
  • News
  • Local News
  • Politics
  • Health
  • Court News
  • Tie Business
  • Biz & Corporate
Sign In Sign In
Follow US
© 2026 Daily Nation Zambia. All Rights Reserved. Developed by GOPES.
📖 Read ePaper
Daily Nation > Blog > Lungu saluted for liberalising maize floor price

Lungu saluted for liberalising maize floor price

Daily Nation
Last updated: March 7, 2021 12:42 pm
Daily Nation
Share
4 Min Read
SHARE

Tue, 20 Dec 2016 13:12:27 +0000

By Bennie Mundando

TRADITIONAL leaders have hailed President Edgar Lungu’s decision to liberalise the maize floor price, saying the move will make the Food Reserve Agency more competitive, thereby saving farmers from exploitation by briefcase businessmen.

Chief Chikwanda of Mkushi and Chief Chikanta of Kalomo district expressed satisfaction at the move, saying competition in the maize buying sub-sector was good as it would enable farmers get value for their produce.

Chief Chikwanda noted that being a liberalised economy, there was need for players in the sector to determine the prices of goods and services, saying the move was long overdue as the FRA was always paying farmers less than what private buyers offered.

He said the farmers were always vulnerable to exploitation by briefcase buyers as they offered more for farmers’ produce than prices determined by Government, adding that with stiff competition FRA might offer better prices.

“This move by the President is commendable and we are in total support of the decision because it means that our farmers will not be exploited anymore as FRA will be able to come up with competitive prices to foil the threat from private buyers who at times have exploited our people because they knew Government was not providing any competition to them.

“I am in full support of this move because it will provide value for our farmers’ produce and help them to grow. We are in a free market economy and the dictates of a free market economy are that the forces of demand and supply should determine the price of the commodity rather than the way the situation has been where Government decided the price of maize,” Chief Chikwanda said.

And Chief Chikanta implored Government to ensure that FRA was adequately funded so that it stopped purchasing maize on credit and paid farmers promptly like what private buyers were doing.

- Advertisement -
Ad imageAd image

He said the current mode of maize purchase where farmers had to wait until their payments were ready, long after they supplied maize to the agency, was what forced farmers to sell to private buyers who exploited them in most cases.

He said he was happy that President Lungu had considered the plight of farmers by liberalising the maize market floor price but said there was need to put measures in place to make the buying of maize by the agency smooth.

“This is welcome and we only hope Government will make money for such purchases readily available so that farmers are paid promptly as the case is with private buyers; unlike the current situation where farmers have to wait for their dues long after supplying the maize to FRA.

‘‘The competitiveness of the maize buying exercise will trickle the benefits down to the farmers who are the major players in this business,” Chief Chikanta said.

You Might Also Like

LET PERMANENT SECRETARIES BE APPOINTED BY STRATEGIC COMMITTEES – PAC

Let there be peace, unity – Archbishop Banda

SETTING THE RECORD STRAIGHT

Today's text messages

Recruitment of teachers by the government a welcome move

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Copy Link Print
Previous Article PF youths say ‘No’ to rebels
Next Article Cartel in courtship with  disgruntled PF officials-NGO
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
56.4kFollowersFollow
4.4kFollowersFollow
- Advertisement -
Ad imageAd image

Latest News

Civil society demands probe into Kafwaya death By
Africa Community Crime Local News News Politics Premium
August 22, 2026
SHOVEL FOUND STUCK IN HEAD
Community Crime Local News Premium
August 22, 2026
I’M NOT ON THE RUN
Local News Politics Premium
August 22, 2026
ICC should investigate execution of Kafwaya, says Kalaba
Africa Crime Elections Local News News Premium
August 21, 2026
//

We influence over 2 million readers and are the most preferred news platform in Zambia.

Quick Links

  • Politics
  • Court News
  • Health
  • Millennium TV

Top Categories

  • News
  • Local News
  • Politics
  • Health
  • Court News
  • Tie Business
  • Biz & Corporate

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Daily NationDaily Nation
Follow US
© 2026 Daily Nation Zambia. All Rights Reserved. Developed by GOPES.
  • Contact Us
  • Privacy Policy
Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..
Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?