STATE, ZAMBIA, MINES BURUNDIIN TAX SWAPTRADE PACTZCM COMING
6 Wednesday 5 May, 2021
ANEDIBLE OIL VALUE CHAIN, GOVT ADVISED
Lakes region. to lobby for development. this needs to be enhanced,” he “We need to strengthen said. agreement to enhance those relations because when In response, ZACCI presSokwani Chilembo, trade between said the in prian make off sets against taxes we talk that about development, ident, Chabuka Kawesha, interview that vate sector the from tax Zambia offsets they owe. the engine is private sector. agreed to pursue a workable were currently and Burundi happening will be signed at “One of the things Without which trade we cannot even agreement through an MoU. company By in BUUMBA the level. coming CHIMBULU few months is quite important is strengthen on cash the good relations crushing Dr capacity Kawesha with hoped two that CRUSHERS
It through happens, two chambers it has of combeen working capital and one existing way between the two counnew through plants under the MoU, construc- the two happening merce from for both a long countries. time. So they [Government] could tries. as- tion chambers and that would would be be opera- able to tional open by up year doors end of both this for year. Zambian on-going This is and to formalize process, Edible trade beit is sist is through the outstanding We need to formalise these part of Oils whole process. Refiners So “CEDORA an business is community fully commit- in Butween the Zambia and Burundi at VAT. relations so that we can lobby on-going. Association They happen at ted to achieving and realiz-
the Great Lakes region through “Not necessarily pay- together for development of rundi and vice versa to advance (CEDORA) has called for ing this potential and we are
company Lake level. Tanganyika. ing cash, but at a further development of the private sector with othexcited opportunities by the fact of that trade gov- within will need to make con- very least allow measures Zambia that Chamber will support of Comer countries. We have signed ernment the steel policy industry and Zambia which suptacts, we do not comment on it mines to make the merce edible and oil value Industry chain (ZACCI) in MoUs with Kenya and Tanzania Revenue ported Authority construction have and been many without Zambia. making direct contact offsets against so I think Zambia will be the extremely other sector supportive. of the respective with the will members. sign on behalf We of the need counto
Further developing of sup- some taxes try third one to have that MoU,” “It countries. is our hope that with
speak to while them Burundi then will give be repreyou portive measures will ensure that they owe
Mr Ndayizeye said. this message “We agree our to government your proposal some that sented information. oil by seed its Chamber. cultivation So let in me ZRA if those can be assured that we as out Zambia Zambia’s from becomes them,” exports an to increas- Mr Burundi Chil- At the same function, Buto purse a working agreement Mr could Ndayizeye be noted that stakeholders in the oil seed embo ing said. as and at December core component 2020 stood of at rundi Ambassador to Zambia, value through chain are an MoU fully prepared and we comZambia clawed exported out maize, ce
Recently, small-scale US$24.46 ZCM million farming, with president, exports says Pascal Ruhomvymworo, acto play mit our that part within to contribute the coming of ment of and the steel VAT products re- to Bu
Goodwell CEDORA including Mateyo, Director, sugar and indicated Aubrey confecfunds. This is knowledged the country’s into our one national month, objectives,” we shall work Dr with the Chibumba. rundi. an this on-going potential tionery, Chamber salt, sulphur, was in earth, dis- realising and play frastructure our part to development contribute to such Chibumba. the team from the chamber in cussion stone, Dr with Chibumba plaster, Government lime indicated and for cewe a are He discussion said excited yesterday by the in fact Lusaka our as national roads which objectives,” he said he were He Burundi observed to ensure the need that we to forsaid critical in a statement. to trade. re-examine malise the current working approach agreement. possible that ment. doing debt so swap. would help to that at Government a but press we briefing wish policy that and it was
Mr achieve Mateyo some said of the national once the Zambia for this it could Revenue reason that be Authority a MemoranDr Chibumba stressed that towards oil seed breeding and goals Burundi as espoused Federal in the Chamber 7th have been extremely support- Ambassador Ruhomvym“We want to be able to supoil seed cultivation and pro- the current high cost of certi-
discussion for Commerce was fruitful, and Industry Gov- dum resolves of Understanding (MoU)
National Development Plan ive. cessing woro provided also acknowledged an opportu- that fied port oil seeds. what our governments are ernment Chairman, would Audace not Ndayizeye, have to needed quicker,” to be signed by the two that was poverty reduction, “It is our hope that with this nity Zambia’s to expand business the agriculture environHe doing said in it terms was in of the promoting in-
cash said from Zambian the products treasury such but countries. Mr Mat- crop diversification and in- message our Government can sector. ment was dynamic. terest economic that a mechanism diplomacy of was buildallow dustrialization. entities owed refunds to be assured Mr eyo Ndayizeye said. that we explained as stake- that as steel and cement have imHe “We said enjoy this was the a relations sub-sec- with implemented ing a strong for economy developing around mensely “CEDORA penetrated is fully the com- market holders the MoU in the would oil enable seed value the pritor Zambia with in over terms of 800,000 commerce new the high great yielding lakes breeds region,” to Dr mitted in Burundi to achieving through the and Great chain vate are sector fully from prepared both countries to tonnes through of installed Lake Tanganyika soya bean and maximise Kawesha on said. utilisation.