CB value chain dips completes Lafargeinputs delivery weathers Fertiliser distribution on By storm Innovate to survive Covid-19By Large course impact, corporations,- Nyimba Investmentsstart-ups By farmers should advised partner - expert By By
THE depression in the mining industry has significantly affected the business value chain on the Copperbelt as the sector drives the area’s economy.
When there is stress in the I mining bring industry, US$1 mil- it goes across to other companies lion in the because econ- all businesses on the Copperbelt omy, are how linked much to the mining industry, says ECB do Legal I take Practitioners out in 12
Senior Partner, Elijah Banda. months if the exchange
future shocks. that has the gone depressed “So up? we need If state performance Mr Banda Investments emphasised of has rate finished delivering capital markets of the in the on the something I did Copperbelt not like hedge a had revolution impacted then I to
fertiliser for economy the 2020/21 faming season across the last nine on months the value chain has in rethink the would area. and have start lost doing out. things
country. gone down The He company due was to speaking was the contracted differently,” on So the there Anakazi to Dr deliver are Mofya Banking all 13,988 these said.
Zambia Investments has under braved factors In is the expected the long the affecting topic term, soaring to “Covid-19 she complete business the said, current tonnes macro-econom- Online of D Conversation Compound and 10,566 tonnes of Urea
environment impact total deliveries on Copperbelt caused of by fertiliser performance. Covid-19, economy, countrywide possible delivering out- in about the ic environment fertilisers countrywide. which Zambia would need to build
1.2 comes next million two and bags weeks. way of forward.” cement on a monthly basis. has affected Company The cement the Head-Sales firm ex- has a been sustainable and leveraging Marketing and Manager, on strong digital change Willings platform Mulendema, from corporates its partner, said agriculture should mance Afri Nyimba delivery, create resilience. has Investments partnerships which gone is down, a food and “We Nyimba the have inflation Head-Sales seen key players and Marketing, in the mining Willings
industry Mulendema, completed start-ups are the experiencing said as delivery a the strategy ffirm inputs severe was to open not contracted stress only up in some new North to rates. had delivery will with need company. to be obviously She it is reflective
tonnes explained of fertilizer. that this are supply in Province liquidation 32, in the 550 industry but metric while countrywide. others while are leveraging on care and on local more innovative The Western stability markets this time of the
partnered could of comprised be with done Afri 21,028tonnes by delivery intensifying to of The maintenance This, company he explained, has while their resources market activities have dried be- up, exchange distribute capabilities, Mr and Mulendema cement inflation says was for Lukonga which speaking 1.2 Lindunda, million when he bags paid Bongohive are a
cause capital in 522tonnes irrigation, been markets facing,” of urea being around to succeed so Compound this post is what the D fertiliser the Copperbelt investment and 11, has do
rates is courtesy sold Co-founder. key on to a call monthly the on North-western per- basis for its retail province clientele. Minister, Company Covid-19 pandemic Mr countrywide. Banda which said. Mr Banda including not operate expressed dam construction, in concern a vacuum.
formance Nathaniel Chief of Executive the Mubukwanu. capital Officer, Jimmy "If I Khan, bring said US$1 Lafarge mil- presents an opportunity “We that Mr have some Mulendema completed to companies stressed research the on delivery the that for Copperbelt improved Nyimba in the entire was had yields, North shut rethink markets, sustainable Zambia down scheduled was agriculture due delivering to the complete disruption resistance cement the of delivery to the crops customers value and of all chain. market the in 90
says Securities lion in the economy, Exchange Western minutes Commission province as well as the country. As of today
required He through observed quantities the that digital by the how the platform. Copperbelt end much of July. do economy I He take said out even in Zambia. Nyimba has delivered 100 infrastructure. per cent,” throughout the (SEC) Chief Mr before this Khan Executive at the explained weekend pandemic that when in was the 12 already he company months paid showing a courtesy had if a target severe ex-
Of-
This is an country. to opportunity deliver 500, to 000 bags a Dr month Mofya and stressed that it the was need
ficer, Phillip signs call Chitalu. on of Copperbelt stress. Permanent change rate Secretary, has gone Bright up? rethink sustainable delivering “We have agriculture 500 completed bags every to the enhance three delivery to access four in the days. to entire finance North Mr Chitalu Nundwe. This, province explained Mr Banda as well explained, as the country. was on account As of today
If I did not hedge then I in the country, Western He says was Indaba speaking during which the was Stanbic critical Bank to farmers. Zambia’s that long of various “On term has our delivered factors part we in 100 are the expected percent,” mining industry to throughout complete which the
invest- would have lost out. So Agricultural ments Nyimba Anakazi Research were of banking Institute concern online conversations. She emphasised the need
country,” anchored total deliveries Mr Mulendema the economy in the there next said. on two are weeks. Copperbelt. all these We have fac- (IAPRI), for most Senior “As investors all Research “The the Lafarge quantities pandemic due Zambia, to for has to we the rethink come are entire doing in the country to allocation compound well, in there our of were an
In response, digital initiatives Mr Mubukwanu that tors we affecting started said he last was the year perfor- just to Fellow the and current some Head already main Research hub severe in Lusaka on situation, funds and for so to the it has Farmers Copperbelt come to Input change we
high inflation mance," Mr had Chitalu delivered said.
impressed be proactive that with Nyimba our customers Investment and through this whole Agriculture, rate as the Food capital the entire are Security way certain tonnage was businesses that erod- and of we fertiliser Support will are complete Stanbic done, for Programme the some in 2020/21 Bank the businesses next (FISP) Zambia faming two Nutrition, tragedy, have weeks. Mofya. shut there Timely down. has delivery been “It and is a silver is the vicious our Food lining key circle Reserve strategy,” that and we Agency what have Mr ed within Rhoda season. a short Mr Mubukwanu period said Regional as a result Debt of the Capital timely
kind I Mulendema think of accelerated is concerning said. and is put that a lot it more riding effort against into some Dr of Mofya time. delivery emphasised of the the inputs, he (FRA) Markets envisaged for Zambia is Manager, the province to channel Pas-
of technology stresses In response, that solutions,” are Mr not Nundwe, related he said. to said it. The he was Copperbelt need to Capital create recording Mt a Khan revolution a said bumper retail harvest. demand resources cal Mwila, had to doubled agriculture stressed in this that
markets, he ex- in agricultural plained, period He said which President he indicated Edgar investments. a that healthy Lungu was had a “We and sustainable placed know function- of did production has impressed suffered not operate that a double Nyimba tragedy; started fighting distributing the the Covid-19 inputs way as and Government’spriorities ahead fighting of the for farming the mining season. hence industry,” ensuring he by rethinking in a vacuum agriculture business sustainable and opportunity there- for 85 ing Lafarge. percent capital of the market agriculture was
said. commodity He also said companies presidential delivered directive inputs was way that agriculture. fore, it that got She He affected was however speaking by said the the products company’s indicative ends supply of up the in chain the perfor- had
the Meanwhile, of Copperbelt the planting Mr province Banda season. admitted should not that continuously technology in her macro-economic presentation ahead been affected during funda- as spare informal parts mance were market of imported. the and economy. only
remained depend you on vital mining have in ensuring been as its coming economic business in handy engine operations. as drive. a mentals “Nyimba “One such difficult as inflation we have had Mr in Mwila operations said is that it was the Policy Monitoring Technology, Mr Nundwe and said he said, 15 that percent would had since ends play directed a up key in role chain that in
and the partner supply exchange chains of government rates. have been and imperative dramatically consistently impacted, over a period all Research Centre how agriculture (PMRC) business should was conducted be stores included but with for on the unimproved board to rest have as of the a
He of was two our speaking spare to three parts years re- come we have from received abroad,” Mr inputs Khan way said. 2020 Live Discussion robust “After infrastructure, Covid-19, resource. capital technology market, it will
ahead time. minerals of Mr time. Forum Banda were a said: diminishing market cently Stanbic during will He play Bank the said a Stanbic vital Zambia that role the Chief province in enough the Executive way has business for been Officer, the the is index largest Leina to under the theme “Our Zambia’s farmers are not not going attract blame a lot of President farmers
Bank Gabaraane, Zambia-Anakazi conducted, contributor said to one his the thing institution country’s be that used has continued Gross come as Domestic a to barometer to the explore rescue Post Covid-19 Lungu effective Economic or ways the government of contacting to go and into clients Nyimba farming in a has contactless “So equally it is
Banking Online of Product business (GDP) Conver- in this for pandemic years for even the economy. though technology.” main Recovery. played environment. its part Mr meaning Gabaraane a each chain, indicated of it the is part stakeholders that of the the food Bank have sation episode stay Stanbic has 8. discharged been Bank mining Zambia their activities. Relationship roles,” Mr Mubukwanu Manager,
"In my mind, if you “Ultimately, adequately had what invested we need in innovation system and where digitisation we need while to
"For the Business Chavuma last And Masaiti 10 Commercial years, acting District District have Banking, Commissioner, Agricultural a healthy Nchimunya Patrick and Coordinator func- Alfred to see is a said. revolution stressing that in to push transactions ensure that even through markets a digital the performance (DACO), Namakanda, Zulu, Patrick thanked Kapila, emphasised President said tioning Lungu he the was need capital and happy for Agriculture enhanced markets, that the
of cap- agricultural network production. required We stability are of put systems. in place to allow the
ital markets digital minister has banking. Michael been Katambo it becomes 585 for metric ensuring another tonnes that indi- need district “One doing had of business the so biggest far received challenges foods to reach we the face consumers as a of bank D superior. to cease farming But Mr Namakanda we inputs have for said: the 2020/21 “From the farming banking season
Compound is customers and struggling 500 metric to cator, trust tonnes technology another of Urea. barome- because as usual noticed if we that perspective, have were in to come the district we last have early. Agriculture ensure that remains our digital key if
even Mr Kalila with digitized said with solutions the ter speedy for most the delivery will economy," still of want inputs, physical he out nine of this months, pandemic he anticipated channels Mr the Zulu with are perfor- said that in with the top health farmers notch, the said. good security we would rainfall have risks quickly signed pattern are deposit up to that be
interface. everybody the area They received, on still mobile will he not and was trust business confident cash deposit banking. that Masaiti machines, effective measures their money to prevent and be able reduced,” to access Dr the Mofya fertiliser. said.
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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