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The Jesuit Centre for Theological Reflection (JCTR) says shortages and price increments in fertilizer on the global market pose threat to Zambia’s agriculture. JCTR said the government needs to put in place safety nets to protect the country from the adverse effects of the fertilizer shortages and unprecedented price spiral.
The Jesuit Centre for Theological Reflection (JCTR) says shortages and price increments in fertilizer on the global market pose threat to Zambia’s agriculture. JCTR said the government needs to put in place safety nets to protect the country from the adverse effects of the fertilizer shortages and unprecedented price spiral.
Agriculture plays an important role in the Zambian economy. It significantly to economic growth, and export earnings besides employing approximately more than half of the labour force. It has further added that the sector has great potential to enhance economic growth but has remained not fully exploited despite the government’s efforts.
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In the 2022-23 farming season, fertilizer prices and shortages were acutely felt, threatening the agricultural sector. Weather irregularities also threatened the agriculture sector as Zambia’s climate has been highly variable over the last few years. In the 2018-19 farming season, the country experienced drought. Zambia experienced floods in certain parts of the country and delayed rainfall affecting the crops. It may be noted that fertilizer prices continued to rise on the global market. The increase was nearly 30% since the start of 2022, mainly due to the soaring prices of fertilizer, rising input costs, and supply disruptions caused by sanctions.
