Farmers lobby faults grains agency maize price as too low

ZAMBIA - The Zambia National Farmers Union has charged that the recently announced K65 (US$6.50) per 50kg market price offered by the Food Reserve Agency (FRA) is absurd and horrendously low ZNFU President Jervis Zimba has since called for untampered functioning of market conditions and open borders. “We urge government to maintain consistency in the export…

Zambeef to expand reach with a new Macro outlet in Kitwe

ZAMBIA - The food products and agribusiness company, Zambeef Plc is opening another of its popular Macro outlets in Wusakile, Kitwe as it expands its offerings on the Copperbelt. The new store is an addition to about 24 macro outlets it has opened across the country, and the company plans to launch more modern convenience…

Zambia’s grains reserve agency sets maize buying price

ZAMBIA- The Food Reserve Agency (FRA) will buy a 50-kilogram bag of maize at 65 Kwacha (US$6.5) for the 2018 crop marketing season, a five kwacha (US 50 cents) increase from last year, reports Lusaka Times. FRA Board Chairman Joe Simachela says the price has been arrived at after a wide consultation with stakeholders among…

Kenya seeks COMESA’s protection from cheap imported sugar

KENYA - Kenya has written to the Common Market for Eastern and Southern Africa (COMESA) seeking protection from cheap sugar imported into the country from the region, according to Business Daily. This is not the first time Kenya has written to the free trade area pursuing to limit sugar imports from the region while protecting…

Kenya seeks to solve stalemate on dairy and oil exports to Zambia

KENYA - Kenya is expecting to host government officials from Zambia this month to deliberate on trading solutions including possibilities of exporting dairy and oil products to Zambia. Business Daily reported that although a consensus may be reached on oil products, dairy exports to the Southern Africa nation may remain strenuous due to differences in…

Zambian Breweries launches next phase of US$30m expansion

ZAMBIA - The Lusaka Stock Exchange (LSE) listed brewing and beverage company, Zambian Breweries Plc has said that it had launched the latest phase of its US$30 million expansion project in Ndola, in addition to commissioning of a new packaging line. According to an article by IOL Business, the new phase was officially opened by…

Botswana turns to South Africa and Zambia for maize imports

BOTSWANA - Botswana continues to import 170,000 metric tonnes of maize annually as it has always run out of corn due to insufficient local production, according to an article by AllAfrica. Speaking in an interview, Botswana Agricultural Marketing Board (BAMB) chief executive officer, Mr Leonard Morakaladi noted that on annual basis the country needed 190…

Zambeef opens new macro store to expand customer reach

ZAMBIA - Zambeef, one of the largest beef producers in Zambia has added a new Heroes Macro store to its chain of stores in the capital Lusaka as it strengthens its competence in international standards in the local food retailing industry. According to the company, the expansion was in pursuit of providing customers with quality…

Zambeef’s joint executive Tim Pollock resigns

ZAMBIA - Zambeef, Zambia’s food producer and retailer has announced that Tim Pollock, Joint Chief Executive Officer of the Company resigned from the company effective 31st May 2018. The company said Mr. Pollock had left Zambeef for personal reasons and that he will be returning to the United Kingdom to focus on the development of…