Sat, 13 Jan 2018 12:04:00 +0000 By BUUMBA CHIMBULU There must be transparency in the management of maize exports in the 2017/18 farming season to bring about price stability which benefits both consumers and producers at a very low cost to the Treasury, the Indaba Agricultural Policy Research Institute (IAPRI) has said. According to IAPRI, fostering a sustainable open border policy offered Zambia a financially inexpensive means of reducing the domestic price volatility of staple foods. IAPRI explained that assuming that private traders would get assurances that there would be no restrictions to import or export maize when market conditions permit, then the imporwt parity price would become the upper price bound. “Assuming that private traders will get assurances that there won’t be restrictions to import or export maize when market conditions permit, then the import parity price would become the upper price bound, while export parity sets a floor below which prices will not […]
