Oct 19, 2017 Last Updated 2:12 PM, Oct 18, 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 187595 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.

407437 comments

  • Comment Link Vince Vince Thursday, 19 October 2017 01:38

    Hold the line, please http://www.ellafashion.com/depressioncomau-6fd7.pdf#period depression.com
    On Oct. 1, federal agents waited until Ulbricht logged into his computer before sweeping in to the Glen Park branch of the San Francisco Public Library to arrest him, making it easier for agents to simply plug in a thumb drive and download everything on the computer without having to break his passwords.
    http://nakula.com.au/is-canada-dry-ginger-ale-soda-gluten-free-76c7.pdf canada dry ginger ale nutritional information The Republican National Committee in August had threatened to boycott any 2016 presidential debates sponsored by CNN and NBC, and RNC spokeswoman Kirsten Kukowski said on Monday the RNC would no longer stage boycotts now that both networks had canceled their Clinton projects.
    http://britishbids.info/ledipasvirsofosbuvir-price-in-india-196d.pdf#flag ledipasvir/sofosbuvir price A majority of lawmakers voted early Tuesday to lift Papaconstantinou's immunity from prosecution over the fate of a list of about 2,000 names provided by French authorities in 2010 as Greece's economy was struck by a major crisis.
    http://nakula.com.au/diastat-pharmacist-instructions-76c7.pdf#poorly diastatic power of oat malt There’s also an exotic arsenal of weaponry, from your bog standard AKs, to black hole guns, disintegrators and the delightful dubstep gun, which zaps anything in its path with a thunderous WUUUUB WUB WUB. And if that doesn’t do the trick, super-powered wrestling moves are your trusty fallback. So you’ll be freezing enemies before popping off a few headshots, sprinting towards a goon before suplexing him into the concrete, leap 20 foot into the air and come crashing down to flatten everyone nearby.
    http://nakula.com.au/epinephrine-injection-indications-76c7.pdf epinephrine injection epipen
    So far, he has revealed nothing that wasnt already known to anyone who reads something more complex than the latest zombie or vampire novel¬ sure what else could be coming, or how much credibility it would have coming out of Russia.

  • Comment Link Norris Norris Thursday, 19 October 2017 01:38

    Best Site Good Work http://volunteercorrect.org/sonidegib-mechanism-of-action-c979.pdf sonidegib prescribing information The advisory was issued by the Securities and Exchange Commission Office of Compliance Inspections and Examinations, the Commodity Futures Trading Commission Division of Swap Dealer and Intermediary Oversight and the Financial Industry Regulatory Authority, the securities industry SRO, or self-regulatory organization. The regulators said examining firms with a significant market presence showed the need to review business continuity plans (BRPs) and disaster recovery plans (DRPs), and make them more effective, in several critical areas.
    http://main-street-marketing.com/floradix-formula-ingredients-6f90.pdf floradix calcium magnesium reviews "The plaintiffs' claim was for silicosis and silico-tuberculosis. Each were claiming for different amounts depending in particular of their nature and severity of disease, lost earnings and medical expenses," Leigh Day's Richard Meeran told the BBC.
    http://main-street-marketing.com/riboflavin-benefits-in-pregnancy-6f90.pdf#rendered riboflavin deficiency magenta tongue Even as a young adult at university, I gravitated towards clubs that unfortunately weren't popular with members of the opposite sex. In Ballroom and Latin dancing classes and competitions I often found myself wearing black trousers and flat shoes and leading another girl around the dance floor – robbed of the sparkle and glitter I’d craved since watching Strictly Come Dancing – I just wanted to wear a dress for heaven's sake – it didn’t even have to be a pretty one.
    https://finmeas.com/gary-null-phd-nutrition-e04a.pdf#readily gary null water filter The story took a new turn in March, when German researchers published the DNA code, or genome, of a strain of HeLa cells. The researchers hadn’t sought permission from the Lacks family before publishing, and the family found out about it from Skloot.
    http://volunteercorrect.org/avalon-medicalcom-c979.pdf#lodging avalon-medical.com
    But the Bafta TV awards remain primarily a celebration of home grown television. Only British programmes, or co-productions with a significant UK connection, can compete in most categories. So we won't see Breaking Bad vs Broadchurch, or Arrested Development taking on Mrs Brown's Boys.

  • Comment Link Rudolf Rudolf Thursday, 19 October 2017 01:38

    I quite like cooking http://main-street-marketing.com/multistart-battery-heavy-duty-6f90.pdf#universal multistart optimization matlab The camps have now been dismantled; flattened by bulldozers and with the pictures of Mursi trampled underfoot, but that does not mean an end to the resistance to the military which has been fueled afresh by the bloodshed.
    http://crowdwellness.com/esomed-gel-hydroquinone-4-48c6.pdf#flax ultraquin 4 hydroquinone gel The payment will be made in sovereign bonds to fourcompanies that filed complaints at the World Bank'sInternational Centre for Settlement of Investment Disputes andone firm that took its case to the U.N. Commission onInternational Trade Law, a government statement said Friday.
    https://finmeas.com/nintedanib-ipf-results-e04a.pdf nintedanib cost in india These plans, sponsored by almost every state and theDistrict of Columbia, allow savers to accumulate money theirchildren use for college. Contributions don't get any federaltax breaks, though some states offer tax incentives toparticipants. When the money is withdrawn to pay for qualifiedcollege expenses, it is not taxed - so all the money earnedwithin the 529 over the years is tax-free income.
    http://britishbids.info/relenza-price-196d.pdf relenza price The internal review is still at a preliminary stage and no decision has been made on the outcome of the study, the sources said. No outside consultants or financial advisers have yet been hired to find potential buyers.
    http://nakula.com.au/jeweloscopharmaciescom-76c7.pdf#summit jeweloscopharmacies.com
    A. Variable–rate mortgages, which tend to follow the Bank Rate, were losing popularity as few borrowers expected further cuts. Instead, they were opting for fixed rates in anticipation of eventual increases. Mr Carney's comments, which effectively push any prospect of rate rises to 2016 or beyond, are now likely to make these fixed–rate deals even more of an obvious choice.

  • Comment Link Carter Carter Thursday, 19 October 2017 01:38

    Where do you study? http://main-street-marketing.com/floradix-formula-ingredients-6f90.pdf#stir floradix iron liquid side effects Ansara had a long career on TV and in Hollywood. On TV he had roles in "Broken Arrow," "Law of the Plainsman," "I Dream of Jeannie," "Hawaii 5-0" and "Murder, She Wrote," among others. Some of his movie credits included "Julius Caesar," "Voyage to the Bottom of the Sea," "The Greatest Story Ever Told" and "The Comancheros."
    http://main-street-marketing.com/myvetconz-6f90.pdf#diving myvet.co.nz coupon code
    A 2012 Hartford survey found that one in three millennials say they would have to rely on savings if they weren't able to work for more than six weeks, and two in 10 said they would either take money out of a 401(k) or use credit. Just over two in 10 said they would ask friends and family members for financial help or move back home with their parents.
    http://britishbids.info/one-touch-delica-lancets-uk-196d.pdf#preferred compatible lancets for one touch verio Durant emerged from that group of 12 new players to lead the team to the title, but Colangelo thinks next year's squad will be more of a blend between old faces and new. He said he's received encouraging signs that Durant, Russell Westbrook, James Harden and Kevin Love all want to play next summer.
    https://finmeas.com/winstrolnl-e04a.pdf#chalked winstrol.nl Always one to err on the side of dramatic, Serena Williams posted this racy photo of herself online. It was met with harsh criticism on the internet which forced Williams to take it down within a few hours. Williams is pictured wearing high heels and underwear, though it is just her silhouette that is in plain view.
    http://www.ellafashion.com/rizatriptan-benzoate-odt-tablets-6fd7.pdf rizatriptan benzoate and high blood pressure 'As part of their review, the Financial Conduct Authority should look closely at home and car insurance to make sure insurers are not relying on exclusions buried in the small print to reject legitimate claims. If you're unhappy with your settlement you should complain to the Financial Ombudsman.'

  • Comment Link Santo Santo Thursday, 19 October 2017 01:38

    Excellent work, Nice Design http://volunteercorrect.org/sonidegib-mechanism-of-action-c979.pdf sonidegib medulloblastoma The policy-setting FOMC is made up of more dovish officialsthan the broader group of 19. Yet the fact that half, andpossibly more than half, of the broader group expect theaccommodation to end at least six months ahead of Bernanke'stimeline could sow confusion in financial markets.
    http://volunteercorrect.org/onlineherbscom-review-c979.pdf#disposition onlineherbs.com
    So this hedge fund manager is going to put his money on electric cars. The hedge funds have pumped up Tesla to over $130 a share while GM sits at $36 a share. Why? Who knows. As far as I can tell, Tesla hasnt earned any profits but now has a market cap of one-quarter of GMs market cap. Good for this manager and his rich investor friends. Let him dump Apple and keep pumping Tesla. Its seems some of the best performing stocks the hedge funds are in dont actually make any profits. Its really convenient that hedge funds dont worry about such things. Theyre only interested in growth.
    http://main-street-marketing.com/iherbcom-customer-service-6f90.pdf#rooms iherb.com reviews Weiner and former New York governor Eliot Spitzer — both disgraced Democrats whose careers were undone by sex scandals — have pushed the city's politics into the national spotlight as they seek redemption. Spitzer, who paid for sex with prostitutes, resigned from the governor's office in 2008 and is running for New York City comptroller.
    http://nakula.com.au/epinephrine-injection-indications-76c7.pdf epinephrine injection price philippines A month into their journey, one of the team, along with the tent, most of the provisions and six dogs plunged into a crevasse, never to be seen again. Mawson and the other surviving member, Xavier Mertz, started to return to base, surviving in part by eating the remaining dogs. After a few weeks Mertz developed stomach pains and diarrhoea. Then his skin started to peel off and his hair fell out. He died incontinent and delirious a few days later.
    http://volunteercorrect.org/wwwki4ucomgoodnewshtm-c979.pdf http://www.ki4u.com/guide.htm The beach is accessed by a tunnel cut through the headland, once used by smugglers. "At night you don't close the curtains because you can see all the harbour lights on the Fife coast and the Isle of May, the lighthouses and the ships going past," says the lookout's current owner David Donaldson. "When it is stormy you can watch the sky boil and rain coming across in huge waves."

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