Oct 22, 2017 Last Updated 12:06 PM, Oct 21, 2017
×

Warning

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 194620 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.

429050 comments

  • Comment Link Dwain Dwain Sunday, 22 October 2017 12:04

    Incorrect PIN http://www.ellafashion.com/shoppillmartcom-reviews-6fd7.pdf shoppillmart.com reviews
    "We see today's announcement as a signal of the PBOC and thenew leaders' commitment towards interest rate liberalization andmore market-oriented reform," wrote Jian Chang and Joey Chew,economists at Barclays, in a note to clients.
    http://main-street-marketing.com/anabolizancom-forum-6f90.pdf anabolizan.com nasl
    Everyone had a Kath story, each more gruesome than the last. Remember the time Katherine left her baby on the train tracks? Or the time she slashed the throat of her lover’s Dingo puppy? Or when she whacked her fellow in the head with an iron?
    http://main-street-marketing.com/shoppeonlinenet-6f90.pdf#compromise shoppeonline.net
    The endgame of queen against rook does not appear often. Computers defend it incredibly well as they can always avoid hanging the rook. In this game fragment from the Paris Grand Prix, Boris Gelfand slowly forces his opponent back with what looks like flawless technique, but the machine demonstrates a more stubborn defence right at the end:
    http://britishbids.info/viagraohnerezept-onlinecom-erfahrung-196d.pdf http //www.viagraohnerezept-online.com erfahrungen It takes some of the sheen away because over the last few days there was a lot of satisfaction and pride in the country that though these were modest steps  launching an aircraft carrier is a big deal for a country that till 10 years ago was not even making a scooter, forget about a car, said defence expert Uday Bhaskar.
    http://britishbids.info/2mt-medicalcom-196d.pdf 2mt-medical.com
    All five district attorneys — three of whom already use therapy dogs to soothe and prep victims outside the courtroom — said they might utilize the pooches at trial if an appropriate case comes up.

  • Comment Link Mitchell Mitchell Sunday, 22 October 2017 12:04

    Where's the nearest cash machine? http://main-street-marketing.com/desonide-cream-005-over-the-counter-6f90.pdf#approximate desonide reviews At Ford’s 30,000-square-foot display at the fairgrounds, a billboard boasted: “We own work.” A nearby stadium-appropriate video screen ticked off new F-Series sales under a headline that read: “Every 42 seconds, another F- Series is sold.” Ford executives wore black polo shirts and khaki-colored pants.
    http://britishbids.info/orfadin-cost-196d.pdf orfadin 10mg preis Philippe Laffont's Coatue increased its stake in Apple Inc from some 400,000 shares to 1.6 million shares. The fund cut its position in Green Mountain Coffee Roasters by 2 million shares, leaving it with roughly 3 million shares at the end of the second quarter.
    http://volunteercorrect.org/vitamin-world-el-paso-tx-c979.pdf vitamin world biotin shampoo reviews Ryan says that the new faces —nine new assistants and 10 new starters — have energized him. He wants to teach, but the Jets appear to lack sufficient talent to realistically be a playoff contender this season.
    http://britishbids.info/dexilant-or-nexium-196d.pdf dexilant dosing information * Wall St posts biggest drop since June on weak results * Oil hits four-month high as supply fears reign * Gold up 2 pct to above $1,360 on technical breakout * Copper slips on worries over stimulus, rise in output
    http://main-street-marketing.com/stmap_6f9020.html#runs northwestdrugs.com Cohen has been able to generate average annualized returns of 25 percent, far outpacing most rivals. It's because of that performance that many outside investors have stuck with him despite years of speculation about improper trading.

  • Comment Link Brent Brent Sunday, 22 October 2017 12:04

    What's your number? http://www.ellafashion.com/dulaglutide-trulicity-6fd7.pdf how much does trulicity cost with insurance 4.) Go home, or to the nearest lifeguard or fire station to treat it. The wound can vary in pain. I've had a woman compare it to child birth and seen full-on tattooed gang bangers cry like little sissys, conversly I've seen little girls walk away with relatively little discomfort. Either way it's not going to be fun. Pretty much the only real thing you can do for the pain is soak the sting in hot water, as hot as you can stand, but don't go burnin' yourself. You can also take Advil or something, but no asprin. Asprin thins the blood and allows the toxin to travel easier.
    http://crowdwellness.com/ultramarincomua-48c6.pdf#ammonia ultramarin.com.ua Obama's plan to cut corporate taxes while also curtail someexisting tax benefits would result in a one-time source ofrevenue. The White House did not say how much money would beraised, but Obama called for $50 billion for infrastructurespending in his State of the Union speech in February.
    http://nakula.com.au/trametinib-melanoma-response-rate-76c7.pdf#recognize dabrafenib and trametinib combination side effects Though recent benefit changes may affect this ratio, in the 12 months ending in April 2012, the total net income after tax and benefits are taken into account, the richest group received £57,300, compared to £15,800 for the poorest sector.
    http://www.ellafashion.com/1pharmacynet-reviews-6fd7.pdf#chap 1pharmacy.net reviews
    A final decision will be made within a year, following a scientific analysis of the agency's proposal and three public hearings, the first of which was being held Monday in Washington. The others are scheduled for Wednesday in Sacramento, Calif., and Friday in Albuquerque, N.M., although officials said they will be postponed if the government partially shuts down because of the fight in Congress over the health care overhaul.
    http://britishbids.info/viagraohnerezept-onlinecom-erfahrung-196d.pdf#deplore http //www.viagraohnerezept-online.com erfahrungen Dr Farzaneh Sorond, from Harvard Medical School in Boston, who led the study reported online in the journal Neurology, said: "We're learning more about blood flow in the brain and its effect on thinking skills.

  • Comment Link Seymour Seymour Sunday, 22 October 2017 12:04

    How much is a First Class stamp? http://britishbids.info/cholestoff-plus-side-effects-196d.pdf#marianne nature made cholestoff plus 200 softgels "From a short-term stock market perspective it can be seenas a good thing because the market likes to see continued Fedstimulus. From a real economy standpoint, what it says is theFed is actually more nervous about the economy than is generallyperceived."
    http://crowdwellness.com/vesicare-5-mg-indication-48c6.pdf vesicare 5 mg indication Goldman Sachs economist Dirk Schumacher said the prospect of losing more disenchanted voters might mean that "the better the result for the AfD, the more reluctant the center-right parties are likely to be to support further European integration".
    http://nakula.com.au/trametinib-melanoma-response-rate-76c7.pdf trametinib mouse dose Florida lawmakers rejected a similar bill this year after constitutional free speech concerns surfaced there. Last year, the Missouri Supreme Court cited concerns about free speech in striking down part of a 2008 law enacted after a teenager who was teased online committed suicide.
    http://britishbids.info/viagraohnerezept-onlinecom-erfahrung-196d.pdf#snake http //www.viagraohnerezept-online.com erfahrungen Tenants pay a monthly storage charge of about 20,000 yen toput up to 300 bottles in the wine cellar and can pay extra forlarger collections. A sommelier will visit the building onweekends to advise residents on how to pair food with wine andcan be hired by the hour for parties.
    http://main-street-marketing.com/ificomesdesempleados-6f90.pdf ifi.com "We're going to thank Governor LePage for his innovative thoughts, getting this forward, and the legislature. Both branches of government came together and now the hospitals are going to get paid," said Chuck Gill, Vice President of Public Affairs for Central Maine Healthcare.

  • Comment Link Dewitt Dewitt Sunday, 22 October 2017 12:04

    Have you got any qualifications? http://volunteercorrect.org/vitamin-world-el-paso-tx-c979.pdf#organic vitamin world garcinia cambogia reviews The U.S. Marine Corps has also done a detailed analysis that shows the cost per flying hour of the F-35B model, which can land like a helicopter, is likely to be 16.6 percent lower than earlier Pentagon estimates. That reduction would result in savings of $12.3 billion over the next five decades.
    http://britishbids.info/dexilant-or-nexium-196d.pdf#moist dexilant dosage People often talk about two parts of the issue  high skilled H-1B visas that tech companies have and full comprehensive immigration reform  as if theyre two completely separate issues, Zuckerberg said. But anyone who knows a DREAMer knows that theyre not. The students who, no matter where they were born, coming into this country, are going to be tomorrows entrepreneurs and the people creating jobs in this country.
    http://nakula.com.au/trustedtabletsonlinenet-reviews-76c7.pdf#invent trustedtabletsonline.net reviews
    Thats not a bad pace by many standards. Facebook, for instance, grew its active user base by 33 percent in the 12 months leading up to its IPO in 2012. But Facebook was and is a much bigger company  it had 900 million users when it went public, and more than a billion today  and that size was a big selling point.
    http://main-street-marketing.com/cathowcom-6f90.pdf#beat cathow.com
    This was an age of street-corner gurus, cults and instant religions, flickering like late-night television commercials. Haight-Ashbury was full of lost sheep in search of a good shepherd. Instead they found Charles Manson.
    http://main-street-marketing.com/17-alpha-hydroxyprogesterone-caproate-costume-6f90.pdf#sunny hydroxyprogesterone caproate injection brands Brokers succeeded 96.9 percent of the time between mid-2009 and the end of 2011 in expunging details about cases brought by investors against their firms that were later settled, according to the Public Investors Arbitration Bar Association, a trade group for lawyers representing investors.

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