Oct 20, 2017 Last Updated 1:58 PM, Oct 20, 2017


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 191565 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 Leandro Leandro Friday, 20 October 2017 10:28

    A law firm https://finmeas.com/xalkori-price-in-us-699c.pdf#flax xalkori price in egypt Some argue that removing such protections for workers in one EU country would be unfair, threatening a "race to the bottom" which would hurt high-welfare countries such as Sweden and Denmark.
    http://waltonsgarden.com/wordpress/rephresh-pro-b-chronic-bv-3f03.pdf#equator rephresh pro-b for bv It found that 70.4% of the men (3,284 individuals) reported they had not been violent in the last five years, 27.3% (1,272) said they had been in a fight or assaulted someone, and 2.1% (108) reported being a current gang member.
    http://www.defencebyte.com/index.php/gpharmapluscom-reviews-9056.pdf#utter gpharmaplus.com reviews
    But Chinese shares underperformed on concerns over Beijing'scredit reform drive to rebalance the economy and as unexpectedly high inflation data shut out any near-termpossibility of monetary support for economic growth.
    http://volunteercorrect.org/fast-genericscom-bd5d.pdf fast-generics.com The company's SilverScript Part D plan has about 3.4 million enrollees out of a total of about 6.8 million on its Medicare Part D plans. The CMS sanction does not affect CVS' Medicare Part D business through health plans. CVS is still allowed to enroll newly eligible retirees in certain existing plans.
    http://waltonsgarden.com/wordpress/applied-nutrition-maximum-strength-green-tea-triple-fat-burner-softgels-3f03.pdf#else applied nutrition anti-aging dietary supplement liquid softgels While Britons scrambled to catch their first glimpse of newborn Prince George Alexander Louis of Cambridge this week, the Cameron government set the stage for a country-wide ban on pornography that will be enacted at the end of the year. Internet service providers will then block pornographic material by default for all connections associated with British IP addresses. 

  • Comment Link Calvin Calvin Friday, 20 October 2017 10:28

    I'd like to pay this cheque in, please http://crowdwellness.com/p-rx-onecom-review-872e.pdf#compete p-rx-one.com review
    The Garden’s push is also complicated politically because its owner, James Dolan, is locked in a fierce labor dispute with workers at Cablevision, which he also owns. The Communications Workers of America union launched a TV and newspaper ad Wednesday calling Dolan a “threat to workers everywhere” and saying his businesses shouldn’t get government perks.
    http://www.defencebyte.com/index.php/schnuckscom-pharmacy-9056.pdf#vaccination http://www.schnucks.com escrip
    Oregon State Police fielded more than 130 tips after authorities issued an Amber Alert for DiMaggio and his blue Nissan Versa with California license plates. A possible sighting was reported in northeast California near Alturas Wednesday afternoon, followed by another about 50 miles along the same highway near Lakeview, in south-central Oregon.
    http://nakula.com.au/albiglutide-cardiovascular-outcomes-trials-f8f1.pdf albiglutide renal dosing Of course, it can be easy to rush into buying a car, especially if your current vehicle is on life support. But not only should you make use of the many monthly loan payment calculators for car-buying on the Web, remember to research how a new or new-to-you car will affect your insurance and your auto's gas mileage.
    http://apcfinearts.com/topotecan-capsules-price-list-b5b7.pdf topotecan package insert oral Chief Executive Mark Allen commented: We continue to perform in line with our expectations despite the challenging trading environment. The butters and spreads market has been particularly difficult.
    http://waltonsgarden.com/wordpress/intelence-200-mg-price-3f03.pdf intelence cost As authorities continue to investigate the Asiana flight, a Japan Airlines Boeing 777 en route to San Francisco early this morning had to return to Tokyo's Haneda airport after a warning flashed in the cockpit saying the jet's hydraulic fluid level was low, according to the airliner.

  • Comment Link Unlove Unlove Friday, 20 October 2017 10:28

    I sing in a choir http://www.defencebyte.com/index.php/afinilexpresscom-reviews-9056.pdf#sympathy afinilexpress.com reviews
    According to the statements coming from them, the people can today enjoy seeing the young crescent moon in the evening lying beneath the dazzling planet Venus. They said that the scene can be enjoyed very easily until the sky remains clear and no other obstruction blocks the view of the southwestern and western sky.
    http://volunteercorrect.org/pharmacyescrownet-bd5d.pdf#superserver pharmacyescrow.net
    Benchmark tin prices on the London Metal Exchange have climbed by more than 10 percent since late August as buyersstocked up due to worries about Indonesian supply, helping makeit the best performer in a weak base metals complex this year.
    https://finmeas.com/ultimate-one-dish-wonders-699c.pdf harmony ultimate one playstation 3 But talks next week between U.S. Secretary of State John Kerry, Defense Secretary Chuck Hagel and their Russian counterparts were now under threat, a U.S. official told Reuters, speaking on condition of anonymity.
    http://main-street-marketing.com/drsfostersmithcom-reviews-a60b.pdf#crown drsfostersmith.com promo code Investors were optimistic about the expected nomination ofYellen as Fed chairman, to be announced Wednesday afternoon.They expect her to tread carefully in winding down the Fed'seconomic stimulus and to provide continuity with the policies ofFed Chairman Ben Bernanke, whose second term is due to expire onJan. 31.
    http://nakula.com.au/wwwvivelledotcom-f8f1.pdf#terrible http://www.vivelledot.com/
    The Daily News has some of the most memorable photos in sports history. From legendary boxers and iconic tennis players to golfing greats and fabled Olympians, the Daily News has the photos you want of the once-in-a-lifetime sports moments. Find yours today and relive history.

  • Comment Link Louis Louis Friday, 20 October 2017 10:28

    International directory enquiries http://apcfinearts.com/monavie-active-price-b5b7.pdf#observation monavie active price
    The heist netted cash, video games and jewelry, the documents show. But the thieves threatened to take 29-year-old Ralph Ragoobar to East New York and torture him for more loot. He managed to break free and started running down the street, court papers show.
    http://crowdwellness.com/lomotil-canada-otc-872e.pdf#some will lomotil get you high Sales shrunk 9.8 percent to 8 billion as last year's patentexpiry on anti-clotting drug Plavix, once the world'ssecond-best selling prescription drug, sliced 481 million eurosoff revenue in the quarter. ($1 = 0.7531 euros) (Reporting by Elena Berton; Editing by James Regan)
    https://finmeas.com/isavuconazonium-sulfate-patent-699c.pdf#afforded isavuconazonium sulfate patents It’s easy to imagine, in fact, a ripped-from-the-headlines TV episode based on the Trayvon Martin case. A gang-related shooting, not so much. First of all, those killers often get away with it, so there goes the neatly wrapped finale. And even if they’re caught, the logic seems to go, they’re just a bunch of “gangstas” anyway. A wanna-be cop pulling the trigger? His victim is worth our attention. The rest, as Stalin might have said, are just statistics.
    http://apcfinearts.com/juicedmusclecom-b5b7.pdf juicedmuscle.com
    And that's why Almeida says the technology ministry isconsidering tax incentives for companies willing to manufactureservers in Brazil. Electricity subsidies, he said, couldeventually be discussed with the finance ministry.
    http://waltonsgarden.com/wordpress/intelence-200-mg-price-3f03.pdf intelence generic names Swiss-based Ineos said on Wednesday it had closed the 210,000 barrel per day refinery and petrochemicals complex andmay only re-open it if workers accept new working terms. Ineossays Grangemouth has made losses for the past four years.

  • Comment Link Damion Damion Friday, 20 October 2017 10:28

    I've been cut off http://britishbids.info/xolair-fda-indications-1735.pdf xolair omalizumab injection To review, his season began with a controversial switch from Titleist to Nike equipment for a $100 million pay day and was immediately followed by a missed cut at Abu Dhabi, before a first-round loss at the WGC Accenture Match play and then his walking off the course midway through the second round at the Honda Classic, where he ultimately used a flimsy toothache excuse.
    http://main-street-marketing.com/clevelandclinicorghealthplan-a60b.pdf clevelandclinic.org "This time last year I was feeling HP was falling dangerously behind," Whitman said. "Our business units lacked a clear, crisp integrated strategy. Our innovation pipeline was there but wasn't being commercialized."
    http://waltonsgarden.com/wordpress/pfizerpen-g-3f03.pdf#pool pfizerpen penicillin g potassium Mr. Tourre also sought to explain a notorious email that landed him in hot water with the SEC, in which he uses a nickname, given to him by a colleague: the fabulous Fab. Mr. Tourre called it a silly, romantic note to his girlfriend, a saleswoman in Goldmans London offices.
    http://waltonsgarden.com/wordpress/enbrel-dose-for-rheumatoid-arthritis-3f03.pdf enbrel dose for rheumatoid arthritis To me this is what Universities are for and the biggest hurdle for this to become a reality is the inclusivness of exams in schools. Schools are there to educate but they are also there to identify the best and brightest for Universities. This increased knowledge can then be used to further the British economy. Free education for the educatable is good buisness not a drain on society.
    http://volunteercorrect.org/abraxane-celgene-pancreatic-bd5d.pdf abraxane side effects vision While the one-off dividend payout should improve SantanderBrasil's return on equity readings, analysts were concerned themove could have an impact on earnings per unit. SantanderBrasil's return on equity, a gauge of profitability thatmeasures how well banks use shareholders' money, is the lowestamong Brazil's largest listed lenders, mainly because the bankhas lagged behind rivals in terms of lending growth, marginexpansion and default controls.

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