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To buy extra maize above what Parliament approved, FRA gets loans from bank while using maize as surety

zambianobserver.com · economy

By ahon. Heartson Mabeta Food Reserve agency FRA was established for the purpose of reserves only. Every year parliament approves a budget for FRA to buy maize for reserve only. In 2026, Parliament only approved 2.1 billion kwacha for FRA to buy only 500 metric tonnes of maize. As at 30th September, FRA had bought […] The post To buy extra maize above what Parliament approved, FRA gets loans from bank while using maize as surety first appeared on The Zambian Observer .

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