Zambia losing revenue through ‘maize export bans’ – Millers

The Millers Association of Zambia (MAZ) says Zambia is losing revenue through the administrative measure on the export of maize and other products outside the country.
MAZ Chairman Andrew Chintala says the country is also losing foreign exchange as a result of not exporting the commodity to the available markets.
The MAZ Chairperson said this when he featured on Money FM Business Radio’s Power, Policy and Money Programme that airs every Mondays and Thursdays at 9hrs.
Mr. Chintala, who is also a Financial Economist, says there are countries in the region that needs Zambia’s maize such as Zimbabwe and Democratic Republic of Congo (DRC) which the country should take advantage of this market.
He says it is frustrating that countries such as South Africa has taken advantage of the DRC market and is exporting maize to that country via Zambia.
Meanwhile, Mr. Chintala has hailed the Food Reserve Agency (FRA) for its improvement in terms of safeguarding the crops procured from the farmers in their reserve depots.
He says for the past two to three years, the agency has done well in terms of reducing the crop wastage saying this is commendable.

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