We can buy up to 2m tonnes of grain – FRA
Published On October 27, 2021 » 1481 Views» By Times Reporter » Latest News
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By CHUSA SICHONE-
THE Food Reserve Agency (FRA) has, since June, bought 875,000 tonnes of white maize but can purchase up to 2 million tonnes, resources allowing. The 875,000 tonnes has been bought at a cost of K2.6 billion, with K1.2 billion paid out already. FRA chairperson Kelvin Hambwezya said yesterday that the agency was intending to buy one million tonnes of maize for strategic national reserves and had potential to buy even up to two million tonnes of the grain once given Treasury authority.

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