According to official government data, the average price of maize grain has declined by 10.9 percent, falling from K142 per 20 litre tin recorded in May 2025 to K126 in May 2026, signaling improving market conditions driven largely by increased supply and easing pressure within Zambia’s grain value chain. In an exclusive interview with Zambian Business Times, Stone Peak Trading Managing Director Phillip Tembo attributed the decline in maize prices to Zambia’s recovery from previous drought conditions and the stabilisation of supply after two consecutive bumper harvest seasons. Tembo explained that in 2024, the country had just emerged from a...
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