By Chisomo Phiri
The Agricultural Development and Marketing Corporation (Admarc) has announced plans to import 200,000 metric tons of maize to strengthen national food security.
In a statement, the grain trader’s Chief Executive Officer (CEO ) Daniel Makata says the move is aimed at ensuring consistent availability of maize during the upcoming lean season.
“This decision aligns with our core mandate of safeguarding food security and promoting market price stability across Malawi, especially during periods of supply disruptions and price volatility,” says Makata in a statement.
He adds that the decision follows a thorough assessment of current stock levels, market trends, the flow of maize from local suppliers to its depots, and the projected impact on household food security.
“Importing maize during times of scarcity helps us maintain a reliable supply chain, ease pressure on local stocks, and curb further inflation in food prices,” he says.
Currently , a 50KG bag of maize in the country is costing above K65,000.
