The Agency has so far bought over 200,000 tonnes of the commodity within three weeks.
FRA executive director Chola Kafwabulula told journalists when he toured three satellite depots in
"We update these figures on a weekly basis, so every Friday we receive new figures from the regions. So that figure that I am giving you (223,412 metric tonnes) is at Thursday last week but reported on Friday," Mr Kafwabulula said.
"The 223,412 metric tonnes that is in stock we have bought within a space of two to three weeks only. Now if you can buy that kind of maize between two to three weeks, that is a lot of maize because already we are almost 50 per cent of our target, which is 500,000 metric tones."
Mr Kafwabulula said FRA started buying maize late owing to the high moisture content and that he would be in a position to have the latest figures on Friday this week as the crop marketing exercise is still underway countrywide.
From the 223,412 tonnes, Mr Kafwabulula said
Mr Kafwabulula said the FRA hoped to disburse more money to buy maize countrywide this week as the
He said gone were the days when farmers would wait for their payments, adding that currently, they were being paid within 14 days after delivery.
Mr Kafwabulula also reiterated FRA's the desire to increase the storage capacity from 700,000 tonnes to 2,000,000 tonnes by 2018 in line with its long-term investment plan, starting with 117,000 tonnes in five provinces next month-end.
The provinces are Luapula, Northern, North-Western, Eastern and Muchinga but that the storage capacity on the
Mr Kafwabulula led officials from the FRA to
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