The latest report by Famine Early Warning Systems Network (FewsNet) has said that though maize is abundantly and affordably available, Fewsnet sees the prices rising in  the remainder of the 2020/21 marketing year.

According to the report, the above will be attributed to an informal flow of maize from neighboring countries, as well as a net surplus of about 500 000 metric tonnes (MT). The report reads, “ “Malawi’s above average domestic supplies, regional imports and the ongoing formal maize export ban are expected to result in very well supplied domestic markets this marketing year.”

Meanwhile, the Reserve Bank of Malawi is amidst achieving a 5% inflation target by the first quarter of 2021, despite economic uncertainty caused by the coronavirus pandemic. Part of optimism towards achieving the goal comes from maize availability in the country.