Fertiliser distribution on storm Large course corporations,- Nyimba Investmentsstart-ups By By should partner - expert

do I take out in 12 months if the exchange

performance of rate has gone up? If

capital markets in the I did not hedge then I

last nine months has would have lost out.

gone down due to the So there are all these

Zambia Investments has braved factors is expected the affecting soaring to complete business the

current macro-econom-

environment total deliveries caused of by fertiliser performance. Covid-19, countrywide delivering in about the

ic environment which

1.2 next million two bags weeks. of cement on a monthly basis.

has affected the ex-

The Nyimba cement Head-Sales firm has been and leveraging Marketing, on Willings digital change and LARGE the corporates inflation should mance create has partnerships gone down,

platform Mulendema, from its said partner, the Afri ffirm delivery, was contracted which is to a food rates. with start-ups as a strategy obviously to open it is up reflective new

delivery supply company. 32, 550 metric tonnes of fertilizer.

markets in the industry while leveraging on local The This, company he explained, has partnered of comprised market with Afri 21,028tonnes activities delivery to be- of

capabilities, says Lukonga Lindunda, Bongohive

distribute Compound cement D fertiliser for which and 1.2 11, million 522tonnes bags are of urea being

cause capital markets do

Co-founder. sold countrywide. on a monthly basis for not its operate retail clientele. in a vacuum. Company Chief Executive Mr Mulendema Officer, stressed Jimmy "If that I Khan, bring Nyimba said US$1 Lafarge was mil- Zambia scheduled was delivering to complete cement lion the delivery in to customers the of economy, all the in 90 minutes required through quantities the digital by how the platform. end much of July. do I He take said out

Mr this Khan at the explained weekend that when in the 12 he company months paid a courtesy had if a the target ex- to deliver call on 500, Copperbelt 000 bags Permanent change a month rate and Secretary, that has it gone was Bright up? delivering Nundwe. 500 bags every If three I did to not four hedge days. then I

He was “On our speaking part we during are expected the Stanbic to complete Bank Zambia’s the

would have lost out. So

Anakazi total deliveries banking online in the conversations. next two weeks. We have

there are all these fac-

“As all the Lafarge quantities Zambia, for we the are entire doing country well, in there our were

tors affecting the perfor-

some main digital hub initiatives in Lusaka that and we for started the Copperbelt last year just we to

mance," Mr Chitalu said.

be proactive are certain with that our we customers will complete and in through the next this two whole

Stanbic Bank Zambia

tragedy, weeks. there Timely has delivery been a silver is our lining key strategy,” that we have Mr

Regional Debt Capital

kind Mulendema of accelerated said. and put a lot more effort into some of technology Markets he said. Manager, Pas-

In response, solutions,” Mr Nundwe, said he was

Mt cal Mwila, had doubled stressed in this that

impressed Khan said that retail Nyimba demand started distributing the period inputs which way he ahead indicated of the a that healthy farming was a season. and sustainable function- business He also opportunity said presidential for ing Lafarge. capital directive market was that was

He the however Copperbelt said province the company’s should supply not continuously chain had

indicative of the perfor-

been depend affected on as mining spare as parts its economic were imported. engine drive.

mance of the economy.

“One Mr difficult Nundwe we said have that had had in operations since directed is that that

Mr Mwila said it was supply agriculture chains have should been be imperative included dramatically on board impacted, to have as all a of our minerals spare were parts a come diminishing robust from abroad,” resource. capital Mr Khan market, said. Stanbic He Bank said Zambia that the Chief province enough Executive has for been Officer, the the index largest Leina to Gabaraane, contributor said to his the institution country’s be used continued Gross as Domestic a barometer to explore effective Product ways (GDP) of contacting for years for even the clients economy. though in a contactless the main environment. stay has been Mr Gabaraane mining activities. indicated that the Bank

"In my mind, if you

had invested And Masaiti in innovation District Commissioner, and digitisation Patrick while

have a healthy and func-

stressing Zulu, thanked that to push President transactions Lungu through and Agriculture a digital

tioning capital markets,

network minister required Michael stability Katambo of systems. for ensuring that

it becomes another indi-

“One farming of the inputs biggest for the challenges 2020/21 we farming face season as a bank

cator, another barome-

is customers were struggling district early. to trust technology because

ter for the economy," he

even with Mr Zulu digitized said with solutions the good most rainfall will still pattern want physical that interface. said. trust cash deposit machines,

the area They received, still will he not was confident that Masaiti Automated would contribute Teller Machines to the country’s (ATMs) and bumper as such harvest. will prefer queuing up,” he said.

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