FORMER Finance Minister Ng’andu Magande says Zambia should begin to think of investing in a modern fertilizer plant as prices of the commodity are likely to soar, especially next year due to shocks on the international market. In an interview, Magande predicted that the price of fertilizer is likely to increase to about $1000 per tonne on the international market, translating into K1,000 per bag on the local market. “Due to the war, our major problem is still the oil and very soon it will be the fertilizer because they also come from that direction. So I think we have quite a lot of external things that are affecting the programmes that are supposed to be implemented by the new...

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