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Industry for structured commodities markets

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Gracian Lungu

Malawi Confederation of Chambers of Commerce (MCCCI) is asking the government to move hastily in securing guarantees for agriculture commodities.

MCCCI President Lekani Katandula was commenting on strides the government has recorded this far, which, among other things, include the intent to set up mega farms.

In an interview, Katandaula said, as private sector players invest for long-term, where they see opportunities, agriculture commercialisation projects will offer such an investment opportunity.

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“In countries where such mega farms are owned by the private sector, such as in South Africa, there is a lot of learning by small-scale farmers and if, indeed, private sector [players] were to be involved in Malawi, the pullovers in the economy would be positive and enormous,” Katandula said.

Speaking in an interview earlier, Ministry of Agriculture Public Relations Officer Gracian Lungu said the government is already focusing on availability of stable markets as part of the process towards commercialisation.

Lungu said projects such as the mega farms will be producing commodities that are already on demand locally and can have added value for export markets.

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“One of the reasons for these mega farms is that we should reduce the importation of goods that can be produced locally; therefore, we are promoting value chains that already have a market locally,” Lungu said.

Agriculture remains the backbone of the Malawi economy and it is the first pillar of development in Malawi’s national development agenda, the Malawi 2063.

Under agricultural commercialisation and productivity, the agenda indicates that by 2063, Malawi will have an optimally productive and commercialised agricultural sector that has access to markets for local consumption and exports.

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