Mon, 19 Feb 2018 09:50:37 +0000 By CHITE MTONGA MEALIE meal prices are rising because farmers are holding onto their maize and only selling sporadically to briefcase businessmen, Grain and Meat Workers Union of Zambia General secretary, Adon Sakala has said. The briefcase business men are in turn supplying the maize to millers at exorbitant prices, Mr Sakala said. He explained that farmers countrywide were still holding on to maize with the view that the commodity would be sold at a higher price than the K60 for a 50kg bag offered by the Food reserve Agency (FRA). He said the farmers were selling their maize to briefcase businessmen. Mr Sakala said the businessmen bought the maize at a slightly higher price than the Food Reserve Agency (FRA) and sold the grain at a higher price to millers. He said the rise in mealie meal prices was partially due to the fact that millers were buying […]
