Chaponda rules out bringing down maize prices in Admarc depots

Malawi Government has ruled out bringing down maize prices in Admarc depots despite the unprecedented fall of the prices of vendors’ maize.

Chaponda: Maize prices will not fall

Embattled Minister of Agriculture, Irrigation and Water developmen r George Chaponda said this on Friday when he answered questions from back benchers in parliament.

This was his first time to answer questions as an agriculture minister since he resumed work after serving a High Court ordered suspension.

He said the ministry of Finance would invite the wrath of the International Monetary Fund should the government bring down the prices of maize.

Chaponda  said the prices in Admarc depots were determined by the buying costs.

He said the IMF is against any subsidies, including maize subsidies, therefore lowering the prices would mean the government subsdizing the price which would not be in line with IMF policy.

Prices of maize in Lilongwe are drastically going down, as low as K7000 per 50kg bag up from K12000.

Admarc CEO Foster Mulumbe said the state grain dealers were buying the maize at K400 per kg, hence the current K12, 500 per K50kg bag.

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Brighton Willima
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Alinafe Phiri
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Bodzatu limenero,ndikuti adagula chimanga pamtengo WA K400 / my? Ngati mumagulitsana choncho akuluakulu nokhanokhaubweza nokha ndalama Zimenezo chifukwa week yamawa chimanga chokhala kukhwima ndiye chanucho asowa ogula

winston msowoya
Guest
Nobody is astonished with Chaponda’s remarks that the price of maize will not go down.It is extremely flabbergasting to note that the Minister does not consider the plights of millions of poor Malawians at this unkind situation in the history of our country.Chaponda and the likes,have lions’heart,the funds he has stolen from government’s coffers have confused his small brains to the extent that he ignores the lively-hood of our wretched people who have been thrown to the dogs without compassion and consideration.I extremely hated Banda’s obnoxious policies he imposed on the people of Malawi,but when the nation ran shortages of… Read more »
Chilungamo Chimawawa
Guest

hahahahahaha. chaponda is still alive??????????????

Backbencher
Guest

What does IMF have to do with malawian leadership? so your selling us to the whites in the name of aid? i liked Bingu coz he tod them to go to hell with their ideas and wishes. anyway..keep your grain, we will buy from vendors as they have lowered the prices up to 9000 per 50kg bag.

Mmembe
Guest

You can keep your maize. We will buy from Kaloswe.

chibekete cha ku Songani
Guest
chibekete cha ku Songani

Nanunso mwayamba kunena kuti ‘ Azungu atiuza kuti…. IMF yatiuza kuti…

chibekete cha ku Songani
Guest

Nanunso mwatengera za ‘ azungu atiuza kuti…’ lero mukuti IMF yatiuza…. hahaha

Chaponda jr.
Guest

He doesn’t wanna lose his profit on that maizegate

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