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The Farmers Union of Malawi (FUM) has trashed this year’s farm gate prices, describing them as unsatisfactory. Njolomole: FUM would like to request government to raise the farm gate price for maize to at least K200 per kg The ministry of agriculture released the prices that government set for traders and State produce marketer Agricultural Development and Marketing Corporation (Admarc)to use, includes setting price of maize at K150 per kilogram from last year’s K200 per kilogram. The government has since justified the low price, arguing that the Affordable Input Program significantly redu...

Farmers Fault Govt On Farm Gate Prices The Farmers Union of Malawi (FUM) has trashed this year’s farm gate prices, describing it as unsatisfactory and mockery. “FUM would like to request government to raise the farm gate price for maize to at least K200 per kilogram, says Frighton Njolomole, President of FUM. The ministry of agriculture released the prices that government set for traders and State produce marketer Agricultural Development and Marketing Corporation (ADMARC) to use, includes setting price of maize at MK150 per kilogram from last year’s MK200 per kilogram. T...

The government has revised upwards the 2020/21 national budget from K2.2 trillion to K2.3 trillion owing to increased emergency expenditure due to the Covid-19 pandemic and re-administering of the Malawi School Certificate of Education (MSCE) among other things. Presenting the mid-year budget statement in Parliament, Minister of Finance Felix Mlusu said the revised budget has a deficit of K810 billion up from the initial K755 billion representing 8.8 percent of gross domestic product. Mlusu said last year the economy grew by 0.9 percent but it will experience a rebound this year to achieve ...

Parliament is this afternoon resuming the midterm budget review meeting of the K2.2 trillion 2020/21 national budget. The Meeting was previously scheduled to be held from Monday, 8 February, 2021 to Friday 12 March 2021 but was postponed following escalating numbers of Covid-19 cases in the country. The postponement was to allow Parliament to devise appropriate safety measures for its meetings to safeguard the lives of members of Parliament, staff and all stakeholders. As such, the Mid-Term Budget Review Meeting of Parliament will combine physical and virtual meetings to be conducted simult...

Minister of Agriculture Lobin Lowe says government has spent K140.2 billion on Affordable Input Programme (AIP) from the initial K160.2 billion allocation in th