Our goal is simple. To produce high quality and accessible information that will advance decision-making of consumers, investors and traders in African markets
Congratulations to our CEO, @MrMakala on being called to the Bar as an advocate of the High Court of Zambia. While we intend to get as much free legal advice from you as possible, it is your engaged leadership and commitment to self-development that continues to inspire us.
The FOB middle East price of granular UREA is USD 1,030 per tonne ($935 per metric ton). Okes in Zambia have contracts to deliver fertilizer at USD 1,000/MT and can only land the ferts at USD 1,200/MT before adding a mark-up.
Tears will be shed and maize yields will be low.
I shall be going on Money FM in a short while to discuss why, despite the bumper harvest, your food is expensive and prices will only get higher in the near term.