FRA pays out over K595 million to farmers

• FRA has so far purchased a total of 146,948.50 metric tonnes as of 25th July, 2023.
• This translates into 2,938,970 X 50kg bags of white maize.
• Farmers are assured of accurate scales that have been certified by the Zambia Metrology Agency.

Food Reserve Agency (FRA) says it has paid out over half a billion Kwacha to farmers that delivered Grade A white maize during the on-going crop-marketing season.

Agency Public Relations Coordinator John Chipandwe tells Money FM News that FRA has so far purchased a total of 146,948.50 metric tonnes as of 25th July, 2023, translating into 2,938,970 X 50kg bags of white maize.

Mr. Chipandwe noted that so far the response from farmers is encouraging and assured that payments are made within the shortest period since funds are available, hence others should also deliver their crops to the nearest FRA depots.

“FRA has paid out K595, 945,280 to farmers that delivered Grade A white maize during the on-going crop-marketing season, Farmers are assured of accurate scales that have been certified by the Zambia Metrology Agency,” Mr. Chipandwe said.

He also reminded the farmers not to sell all their produce as the harvesting season progresses, but only what is excess and after putting aside a variety of food for domestic future consumption because national food security begins at household level.

“The excess harvest can thereafter be delivered to any nearest FRA depot and the Agency will buy the stock and keep in the National Strategic Food Reserves for future use as a nation. This will facilitate national food security. Therefore, farmers are urged to adhere to this guidance for the country to continue being food secure,” he added.

More From Author

World Bank urges Zambia to capture other benefits beyond mining sector

• World Bank is committed to supporting African countries to translate Africa’s mineral wealth into…

Read More

Kwacha gains should benefit consumers – BuyZed

• This is to ensure that consumers begin to enjoy what is produced locally.• Manufactures…

Read More

SEC attributes decline in Q4 bond trades to delayed debt restructuring process

• One of the challenges is to do with the delays in finalizing the debt…

Read More

Leave a Reply

Your email address will not be published.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

You May Also Like

Over 600,000 homes to benefit from Liquid Zambia’s enhanced internet access

Connectivity is the cornerstone of Zambia’s digital transformation journey. This remains vital in driving digital…

Read More

April food basket drops by K255.14-JCTR

This is compared to the March basic needs and nutrition basket which stood at K10,…

Read More

LCC warns traders against conducting business outside designated markets

LCC is deeply concerned about the recent trend of some traders opting to conduct business…

Read More