BRIEFCASE BUYERS NOT A THREAT TO AGRICULTURE, SAYS MINISTER MTOLO

Agriculture Minister Reuben Mtolo has dismissed concerns that briefcase buyers pose a threat to Zambia’s agricultural sector, emphasizing the importance of maintaining a liberalized market system.

Speaking in an interview with Phoenix News, Mr. Mtolo said the presence of private buyers—commonly referred to as briefcase buyers—should not be viewed in a negative light. He noted that under Zambia’s liberalized market environment, farmers are free to sell their produce to buyers of their choice.

The minister expressed concern over the continued stigmatization of private traders, who are often accused of exploiting farmers by offering lower prices. He clarified that farmers cultivate a variety of crops and should be allowed to make informed decisions about whom to sell to, based on the available price options.

“Government no longer regulates private sector transactions in agriculture as it did in the past,” Mr. Mtolo said. “These buyers still play a vital role in creating market access for farmers, especially in remote areas.”

He further highlighted the need for increased private sector participation in the upcoming 2024/2025 harvest season, which is expected to yield favorable results. According to Mr. Mtolo, a more active role by private buyers would help strengthen Zambia’s agricultural value chain and ensure farmers have wider access to competitive markets.

Source- Radio Phoenix