Sat, 17 Feb 2018 10:46:16 +0000 …to create artificial shortage and push mealie meal prices up By BUUMBA CHIMBULU MAIZE traders ‘‘hiding’’ their maize stocks in a bid to create an artificial shortage of the commodity and thereby push mealie meal prices up, have been condemned by the Millers Association of Zambia (MAZ). However, when contacted, Grain Traders Association of Zambia (GTAZ) executive director, Chambuleni Simwinga, refuted the allegations of holding on to the grain saying most millers were currently owing them over US $400,000 for the stock which they had purchased. Mr. Simwinga explained that millers were not paying for the stock which they had collected from traders, thereby making it difficult to trade. “We are not holding on to any maize and there is no shortage of maize. The problem we are having is that of payments. Millers are not paying, we are owed over US $400,000 by them. They want to buy stock […]
