The National Planning Commission (NPC) has recommended formulation of policies and measures to harmonise, empower and structure commodity exchange markets if the agricultural sector is to realise meaningful economic benefits.
Findings of a study by the commission and other stakeholders show that the country is losing billions of Kwacha due to poor structures in the market.
A policy brief from NPC shows that there are significant barriers to farmers seeking access to formal markets, which hampers growth.
Currently, Malawi has two commodity exchange markets which are AHL Commodities Exchange and Agriculture Commodity Exchange for Africa.
Agriculturalist Tamani Nkhono Mvula welcomed the recommendations.
“If farmers can go through an exchange market, they would benefit,” he said.
Justin Mkweu is a fast growing reporter who currently works with Times Group on the business desk.
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