Zambia National Commercial Bank Plc ( ZANACO), one of Zambia largest financial institutions, has failed to confirm government repayment of the K2 billion the bank lent to the government last year in 2025 to settle-off farmers who supplied maize to the Food Reserve FRA. Brief facts of the matter are that last year in November 2025, then Minister of Agriculture Mtolo Phiri, issued a statement on the Status of payments to farmers who supplied maize to the Food Reserves Agency (FRA) during the 2024/2025 crop marketing season. In the presentation Mtolo mentioned that FRA projected to purchase 543 thousand metric...
This content is only available for active subscribers. Subscribe now to get full access.
