• The deal will help decongest Food Reserve Agency’s reserves
• The move is a great deal for the country as it will bring the much needed revenue.
• GTAZ is ready to supplement Food Reserve Agency with grain.
Grain Traders Association of Zambia (GTAZ) says intentions by Grain Millers Association of Zimbabwe (GMAZ) to import 400, 000 metric tonnes of white maize from Zambia and Malawi will help decongest Food Reserve Agency (FRA)’s reserves which are full with carry overs.
Speaking in an interview with Money FM News, Association Spokesperson Yotam Mkandawire said although the Zimbabwean counterparts have only intended that they are in talks with FRA and not the Grain Traders, the move is a great deal for the country as it will bring the much needed revenue.
“If the association is contacted for help, it is ready to supplement Food Reserve Agency with grain if it does not meet the Zimbabwean maize target, “he said.
He has called for more of such trades between African countries in order for the countries to develop.
Last week, Grain Millers Association of Zimbabwe (GMAZ) secured 400 000 metric tonnes of white maize from Malawi and Zambia as preparations for the delivery of the staple grain are currently underway.
GMAZ Chairperson, Tafadzwa Musarara, said the decision was prudent as it enhanced national food security in light of degeneration of geo-politics in the grain farming regions of Eastern Europe.
“I am pleased to inform the nation that GMAZ has secured 400 000 metric tonnes of white maize from Malawi and Zambia,40 % of the maize will be coming from grain utility companies namely Food Reserve Agency of Zambia and Agricultural Development and Marketing Corporation (ADMARC) of Malawi,” he said in statement.
“Preparations are now underway to ensure that the physical movement of this maize into Zimbabwe commencement by no later than June 30, 2022.”
In February 2022 cabinet invited private grain millers to commence maize imports using free funds to compliment local stocks.