THE government is encouraging farmers to sell their maize to private buyers as the government's Grain Marketing Board (GMB) does not have funds to buy the crop.
Deputy Agriculture Minister
"There was no allocation for the GMB to buy maize in the budget. We are looking at various ways of raising money," Zhanda said.
The minister said the GMB was not in the market to compete with private buyers but as buyer of last resort.
"If you have to sell to the GMB you have to be prepared to wait in the queue to be paid," he said.
Zhanda said the government had set the buying price at
The GMB is responsible for acquiring 500 metric tonnes of maize for the country's strategic grain reserve.
Most Popular Stories
- McDonald's Packages Coffee for National Distribution
- Castro-Blanco Joins Fifth Street Finance Board
- HTC Makes Windows Version of Flagship One Phone
- Ballmer Steps Down From Microsoft Board
- Rising Freight Prices Signal Global Recovery
- Eric Holder Bringing Civil Rights Reminders to Ferguson
- Sprint Cancels Framily, Rolls Out New Data Pricing Plan
- Uber Hires Obama Campaign Manager David Plouffe
- Bob Marley Musical to Make Premiere in Baltimore
- Russia Claims Ukraine Leaders Are Satanists, Jews or Maybe Even Scientologists