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Home International Customs

Zambia lifts ban on maize exports

byCT Report
15/04/2016
in International Customs, World Business
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WASHINGTON: Zambia has lifted the ban it imposed last week on the export of maize after a physical verification exercise showed it had enough stock to last until August, a government official has said. Reuters news agency reports that Zambia’s agriculture permanent secretary Julius Shawa said in a statement the country has 600,433 tonnes of maize enough to last until August. “The ban on maize exports with proper documentation has been lifted,” Shawa said.

Zambia suspended maize exports to curb local shortages pending the verification of available stocks. The government was concerned that steep price increases were being caused by smuggling of the grain to neighbouring Malawi and Democratic Republic of Congo.

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Zambia is likely to produce 2.4 million tonnes of maize in the current 2015/2016 crop season, down from 2.6 million tonnes the previous season, due to drought. Bad weather has hit the maize crop across the region, including in Zimbabwe and in South Africa, the continent’s biggest producer of the staple grain, a situation that has fueled food price increases and inflation.

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