Jan 20, 2018 Last Updated 7:39 AM, Jan 19, 2018


JFile: :read: Unable to open file:

Price restrictions on maize would be 'difficult'- Mutharika, Economists

Private traders in a liberalised economy are free to charge as they can Private traders in a liberalised economy are free to charge as they can
Published in Capital Breaking News
Read 467653 times
Rate this item
(0 votes)

President Mutharika is dismissing calls for a price restriction to be placed on maize, arguing the move would not work in a liberalized market.

There have been growing calls from the public and other stakeholders that the government put controls on the price of the commodity, which private traders are selling at high prices.

A 50 Kilogram bag is currently being sold at prices ranging from K15, 000 to K20, 000.

Most consumers are struggling to buy at these prices since the cheaper grain is not readily available in ADMARC depots.

Speaking through his Press Secretary, Mutharika maintains that ADMARC still has enough stock of maize.

“There is enough maize to take the country through the lean period”, said Gerald Viola, “but the problem is that corruption is still there in these ADMARC depots with vendors still conniving with some officials.”

Cases are still being registered where some ADMARC officials are involved in these corrupt acts which deprive poor people of the cheaper grain.

Economists, however, believe increasing the supply of maize in ADMARC depots would be the most effective way of ensuring that the local consumer is not burdened by high prices on the parallel market.

The president of the Economics Association of Malawi (ECAMA) referred to the current situation as an application of the rules of demand and supply.

Henry Kachaje indicated: “The private traders know that there is no maize in the depots so they bring out their own. Since we are in a liberalized economy, everybody is free to charge as they want.”

Meanwhile, President Mutharika is again planning to address the nation on what mechanisms his government is putting in place to address the issue.

Most people continue to scramble for the grain at the depots with some still not able to acquire it and being forced to acquire it at high prices from the parallel market.

This is despite parliament, in the last sitting, approving 15 billion kwacha for the purchase of maize.


  • Comment Link Técnico em obras curso Técnico em obras curso Saturday, 20 January 2018 09:10

    Yes. It should get the job done. If it doesn at send us an email.

  • Comment Link Eldon Eldon Saturday, 20 January 2018 09:08

    The line's engaged http://www.surfwear.co.uk/buy-ropex-8d58.pdf#price where can i find ropex "We're moms here who are just trying to protect our children," said Berry. "These are little innocent children who didn't ask to be celebrities. They didn't ask to be thrown into this game and they don't have the wherewithal to process what's happening. We don't have a law in place to protect them from this."
    http://ninjutsu-hamburg.de/bromfed-dm-cough-syrup-vs-promethazine-codeine-15cb.pdf promethazine 12.5 mg tablet street value "General dollar demand and rising U.S. Treasury yields arekeeping the euro's gains at bay. It didn't react much to thebetter euro zone GDP data," said Neil Jones, head of hedge fundFX sales at Mizuho Corporate Bank.
    http://www.sabi.org.ar/index.php/cipro-500-mg-ciprofloxacin-ddd2.pdf ciprofloxacin cipro dosage for uti It should mark the latest step on the road to recovery for Lloyds, which said last month that it was ready for the Government to fire the starting gun on the sale of its stake after swinging out of the red with half-year profits of more than £2 billion.
    http://montecarlopadelmaster.com/arimidex-generique-prix-5616.pdf#flora arimidex ordonnance Riot police fired tear gas and water cannon against demonstrators, some of them throwing stones, night after night in June after a peaceful protest against plans to redevelop an Istanbul square spiraled into an unprecedented show of defiance against Prime Minister Tayyip Erdogan's government.
    http://qual-proliant.co.uk/ciprofloxacin-hcl-500mg-tab-price-ff62.pdf#regions para que se utiliza el antibiotico ciprofloxacina The brain-eating amoeba called Naegleria fowleri is often found in warm bodies of freshwater, such as lakes, rivers and hot springs. The amoeba typically enters the body through the nose as people are swimming or diving. It can then travel to the brain, causing primary amebic meningoencephalitis, or PAM.

  • Comment Link Gerardo Gerardo Saturday, 20 January 2018 09:08

    What qualifications have you got? http://mch.mc/buy-bupropion-hcl-xl-150-mg-2a3b.pdf#precious generic wellbutrin xl 150mg pill looks like BlackBerry said it sold 5.9 million mostly older-model phones in the quarter, but only recognized revenue from 3.7 million, given that many sales had already been booked. By contrast, Apple Inc said it had sold 9 million of its new iPhone 5c and 5s models in the three days after launch.
    http://oneindiaonepeople.com/oral-terbinafine-cost-d041.pdf oral terbinafine cost For the election Saturday to pick a new 50-seat parliament — the most empowered elected political body in the Gulf — there might be another boycott, but the real question is whether the vote will ease the internal pressures on Kuwait's Western-backed ruling dynasty.
    http://www.simplepump.com/carvedilol-tablets-25-mg-bd21.pdf#contact coreg cr conversion to carvedilol Syria is now a place that has had all its borders but one closed, forcing fleeing civilians back into an unpredictable and increasingly volatile war zone. To date, some 1.7 million Syrians have sought refuge in neighboring countries.
    http://simbolicafairtrade.com/dilantin-is-used-to-treat-what-illness-or-condition-73d8.pdf what happens if your dilantin levels are too high Palumbo, who also has done field work in Peru, appreciated the chance to make a “seminal” contribution to archeology. “One thing that appealed to me about Costa Rica is that the (Bolas) site is relatively unknown,” he said. “In a place such as Peru, you are generally putting the finishing touches on others’ work. But in Costa Rica, the chance to work from the ground up had a stronger appeal.” Palumbo will send a 60-page report, complete with photos and maps, to the Costa Rican national museum along with the unearthed pottery and stone tools.
    http://www.rsno.org.uk/motilium-instant-10-mg-prospectus-b57b.pdf#employ motilium dosage breastfeeding
    For the new analysis, researchers tracked the study participants for a longer time -- 18 years in all since enrollment began. Only about 10 percent of men on finasteride developed prostate cancer versus 15 percent of those on dummy pills. Aggressive tumors were found in 3.5 percent of men on the drug versus 3 percent of the others. Yet 78 percent of both groups were alive after 15 years.

  • Comment Link BuddySwemy BuddySwemy Saturday, 20 January 2018 09:07

    http://viagrarrr.com - viagra
    http://cialisrrr.com - cialis
    http://viagrarrr.com - buy viagra
    buy viagra
    buy viagra
    http://cialisrrr.com - buy cialis
    buy cialis
    buy cialis

  • Comment Link Lily Lily Saturday, 20 January 2018 09:07

    I'd like to take the job https://www.squalomail.com/zyban-sr-150-mg-tablet-b3a4.pdf nn-prescriptin zyban Putin, a 60-year-old former KGB spy more than a year into his third presidential term, is eager to boost his populist appeal to make up for the support lost among Russians following the largest wave of street protests against his rule in 2011-12.
    http://ninjutsu-hamburg.de/alguem-ja-tomou-magna-rx-15cb.pdf magna rx vitamin world Another Tokyo-based trader disagreed that margins were underthreat, saying Apple has long been squeezing its part suppliersso if the tech giant can increase sales, it would benefitcomponent makers as well.
    http://www.saivishram.com/index.php/order-cheap-online-levitra-71e9.pdf levitra ohne rezept apotheke Finally, Pierre Winicki, general director of Institut Confiances thinks todays issues are the result of a long-term distrust culture that has evolved around the years. He asks: how would you expect to create a climate of trust and hope in European countries and among European citizens, when inside institutions themselves there is no culture of trust at all, or too limited, as a matter of fact?
    http://ovvioorganics.com.au/donde-puedo-comprar-la-pastilla-priligy-en-chile-5d1f.pdf#unit donde puedo comprar la pastilla priligy en chile MUMBAI, Aug 16 (Reuters) - India's new restrictions oncapital outflows are likely to delay overseas acquisitions andinvestment plans by India Inc at a time when many companies arescouting markets abroad to beat the domestic economic slowdown,bankers and companies said.
    http://talento.buentrabajo.com/cheap-prozac-online-no-prescription-ec3d.pdf generic prozac costco In an order in July, the Supreme Court had said that federal and state assembly members would be barred from elections and removed from office if found guilty of offences carrying a jail term of at least two years.

Leave a comment

Make sure you enter the (*) required information where indicated.Basic HTML code is allowed.

Capital Tweets

Any data to display

Find Us on Facebook