• There was a balance that remained for the farmers to be paid which is K666.9 million.
• This amount was received on Monday, 17th January 2022.
• The money has been distributed to all the paying banks across the country.
Food Reserve Agency (FRA) says it has received the remaining K666.9 million for farmers who supplied maize to the Agency under the 2020/2021 marketing season.
In a statement, FRA Executive Director Chola Kafwabulula revealed that the Agency received the money on Monday this week and it has since been distributed to all the paying banks countrywide.
Mr. Kafwabulula also disclosed that during the last maize marketing season, FRA bought a total of 947, 777. 5 metric tonnes of grain valued at K2.8 billion.
“From the tonnage that was purchased, the highest quantity was recorded in Northern Province, with 185, 861 metric tonnes, this was followed by Eastern province with 168, 671 metric tonnes of maize,” Mr. Kafwabulula said.
Meanwhile, Mr. Kafwabulula revealed that the Agency has collaborated with existing banks to establish mobile banking to carter for districts that do not have banking facilities.
He urged farmers not to panic because the money they have been waiting for is now available.
“As Food Reserve Agency we are aware that there are a few districts across the country where we do not have banking facilities and so we have come up with an initiative of mobile banking in collaboration with existing banks.”
“Mobile banking facilities are being provided on a daily basis in Chadiza, Vubwi and Sinda so that our farmers will not have to travel a long distance to those districts that have got banks in any case that will eat into their profits that they have already earned. So there is no farmer that is owed any monies by the Food Reserve Agency,” he added.