AGRICULTURE and Livestock Minister Given Lubinda has dissolved the board of the Food Reserve Agency (FRA) and all boards and trusts under his ministry.
Mr Lubinda said that for most of the Boards, the membership tenure has either expired or in others, there is no board at all. He said some of the members of the Boards and Trusts have overstayed the scenario he said is against good corporate governance.
The Boards and Trusts dissolved include; Statutory Bodies: Food Reserve Agency (FRA); Nitrogen Chemicals of Zambia (NCZ); Tobacco Board of Zambia (TBZ); Cotton Board of Zambia (CBZ); Zambia Coffee Board (ZCB); and Dairy Development Board (DOB).
Trusts include; In-Service Training Trust (ISTT); Golden Valley Agriculture Research Trust (GART); Livestock Development Trust (LDT); and Cotton Development Trust (CDT).
The minister explained that the Trusts were created to carry out specific tasks that were previously carried out by Ministry Departments.
“Trusts are separate legal entities (operating under Trust Deeds) and hold assets on behalf of Government. The Trusts generate finances from services they provide as well as from government grants and in some cases, from cooperating partners,” he said.
The Boards also raise their own revenues as well as receive grants from Government.
“I am aware that both the Boards and Trusts are faced with several challenges which include among others, the following, Inadequate financial resources; Lack of capitalization; Old and inadequate equipment; and Poor staffing,” he said.
Mr Lubinda said all functions that were being handled by the Boards and Trustees will, from now until further notice be handled by the Permanent Secretaries in the Ministry.
He said in the coming few weeks he will make consultations to reconstitute the Boards and Trusts.
“As you may know, Cabinet has the final authority in approving the members of Boards. I will, therefore, take this matter to Cabinet.”