Fruit processing remains steadfast to factoriesmember states coming By

BUUMBA CHIMBULU ZAMBIA BUUMBA CHIMBULU THE

does not need foreign expertise for its A gold TOTAL mining of K60 as million the country has been has invested skilled manpower in three African fruit to Development processing handle the Bank factories investment. (AfDB) located has in pledged This North-Western, is to according deliver Eastern financial, to the and Federation knowledge Western provinces of and Small- policy support by the to National regional Pension member Scheme countries Authority such as Scale Mining Associated of Zambia (FSSMAZ)

Zambia (NAPSA). during and after the Covid-19 pandemic president, Joseph Mwansa.

period. The investment had been made possible Pastor As a result, Mwansa AsDB regretted has already that approved it was up to through a short-term loan financing facility to the unfortunate US$10 billion that relief Zambia package in this most year cases to support

Industrial Development Corporation (IDC). prioritised member IDC countries is setting foreign up during investors the Kalene the Covid-19 over Hills the Fruit pandemic. locals.

He Company It is was because has reacting Limited advanced of such in to Mwinilunga the initiatives discussions US$2.5 which in million North-Western, with have South led partnership to National between rating Strategy agency ZCCM for to Development IH affirm and AfDB’s Sudanese of AAA

Africa the S&P Eastern Global on exporting Tropical of Fruits semi Company processed in Eastern honey company rating, to Statistics that with country, Karma stable which says outlook. Investment is being Commerce, drafted for gold Trade will help and and a cashew processing company in Western improve The rating Minister, the agency statistical Christopher indicates capacity that Yaluma. the responsive AfDB will play processing Industry provinces, investment. respectively. a key to Mr the role Yaluma ever-changing in supporting said discussions the demands region, had of particularly reached the in the

“What The factories expertise will will provide they a bring ready which market context an country, the Zambia Statistics Agency (ZSA)

to advanced small-scale of Covid-19. stage farmers and and that other Government small-scale was Zambia has said. doesn’t have? Some qualified and

optimistic businesses Commenting that as the on the the move project rating, would will AfDB act contribute president, as an to the experienced Akinwumi ZSA Statistician-General, Adesina, Zambians said are institution Mulenga working would Musepa, in continue

country’s empowerment diversification tool to the agenda. local community. Lumwana to said maintain once refinery. quality implemented, standards, the with strategy strong would support

“That The products has been will discussed include fruit and juices, we are pulp, very much jam, of advanced. “Which enable all shareholders. the school The country concept did Dr come Adesina they is up that go with explained to South where evidence Africa that would this

concentrates, policy formulation tin packed which was foods, cardinal mineral in water, Zambians would like pickles to be get done and can’t the dried honey delivering go snacks, and core the learn? but says much Zambia IDC Do needed we Investment is saying need financial, it is foreign knowledge better improving we expertise export and the policy welfare the for honey support gold of the mining in people. full to regional processed in Zambia?” member form

Manager, Mr Musepa Brian said Nalishuwa, in an interview in a statement in Kabwe Pastor countries and yesterday. that Mwansa during is what “The and wondered we factories have after submitted the will in Covid-19 be a statement. processing and pandemic. that is local our position that “We the are as strategy delighted it is now,” would with he also and said welcome help in an interview. country S&P Global’s He agricultural said it was products time ranging Government from pineapples, created improve Mr Yaluma to statistical affirm said the the capacity Bank’s move AAA/A-1+ would which ensure was rating. currently that It policies decision mangoes, that guavas, encouraged oranges indigenous to bananas, citizens tomatoes, reflects Zambia low compared the added Bank’s value to very other to strong natural countries financial resources in Africa. position which and in to cashew participate He nuts in and big groundnuts, projects to among develop others, their for risk turn would said create according as more well to employment. as our World sound Bank governance,”

purposes management, of value addition,” Mr Nalishuwa said. nation. ranking for 2019, Zambia was standing at 53.6 he said “What The in fruit this a statement. factories means is will that not we only must boost add the value agro Pastor percent The rating Mwansa compared agency’s wondered to report Egypt indicated which how was Zambians that highest the to industry our natural in the resources three provinces, so that we but create will also would AfDB employment with would 86.6 assist percent play and Government a then key followed role get most supporting in by building Malawi of the profits the at the 79.3 region, from

contribute percent. to crop diversification, value addition economy particularly that and having when in the they it context semi were processed of Covid19. not being and send given them. an

in agribusiness Mr Musepa, therefore, and ultimately said Zambia food security was on at opportunity regional “The “Then institution we and to will national invest be approved befitting in levels. meaningful an what up to we US$10 are projects billion such relief articulating course package as the now, gold was for 2020, having bot refinery lagging of diversified which plant. behind. US$6.9 from billion copper will

NAPSA “The Director General, Yollard Kachinda, be mostly He going National by into AfDB that Strategy agro and Government processing. the for remainder Development We could should through create keep its said financed explained the factories would stimulate the growth of

Statistics as it is,” lending he (NSDS) said. window. number The Minister is important called on for local and concessional that other offer auxiliary shares local through industries, the stock bringing exchange value to

managing “The stable to ensure the outlook modern-day their reflects produce society. our was expectation Zambia of high quality that, and farmers the allow people Zambian of the three companies provinces and individuals the country over if needs Zambia the next good had two statistics to years, penetrate to AfDB make the will industry decisions prudently beyond based manage the to as on invest a evidence,” whole. in the gold Mr Musepa business said. through ZCCM- its borders. capital Mr Kachinda while Mr Yaluma maintaining said stressed the factories solid the levels need would of to create high-quality provide IH. He said liquidity service assets to the having people and robust a statistical by supplying funding,” capacity products S&P which Global

“We thousands was the always country’s of direct talk about ability and indirect to Zambians collect jobs statistics building through said of numerous superior in a statement. quality. out grower This, The schemes. rating he said, agency was also positively an the assessed opportunity required, economy. the would to Bank’s But have make how a strong trial it do easy run financial we into for build the risk country wider the profile, market to

He for expressed development optimism of that the the country. factories would economy capital of plan COMESA adequacy, when and Zambians Africa funding Continental and are liquidity, not for given Trade extraordinary an Area.

provide Mr Musepa quality said products the strategy with a strong was a brand tool for that opportunity shareholder would Meanwhile, be able support to Mr invest to Yaluma compete and in adequacy the recently favourably Gold announced refinery of its at governance both plant? local that and local “We development farmers are appealing had started of an to Integrated His supplying excellence National their produce Edgar

and management. international markets.

Chagwa to Statistical S&P chain expects Lungu stores Strategy that to to ensure AfDB’s with which draw there shareholders would was enable no shortage would the or

“The local farmers, through the outgrower contract country supportive this collect period and by of providing Covid-19. process relevant timely capital statistics partnership,” remain during schemes, will he be said. the major suppliers of the feed payments. to Mr inform Yaluma policies. said a taskforce team has been Pastor stock He to Mwansa the factories. said: “We can learn from formed The rating said which his agency includes organisation noted the the Chain was Bank’s working stores US$115 , with Zambia Mopani other “NAPSA institutions how will they leverage among are treating the them, relationship us the and Bank avoid with of the billion Association out-grower capital of schemes increase, Manufacturers through approved and its by project other shareholders players unit on in past Zambia, mistake. Zambia Are Revenue you telling Authority, us that Ministries there are October in the the Extension industry 2019, and which of Coverage the were replenishment aggressively to the Informal to the tackling Sector African no the of Zambians Finance, issue of ensuring Local with Government, money? local farmers This Labour is are a dangerous given and top Development to on-board Fund, the farmers the Bank’s and other concessional businesses window, complex.” in priority Social December by Security, chain 2019. stores. and that of Livestock and onto Fisheries. the scheme so that they can also be socially protected,” he said.

BUUMBA CHIMBULU KETRA KALUNGA ZAMBIA THE

but are for finance, that unintended imported access goods consequence to foreign are him/her In pushing similar an down. vein, to I also there think expand are it is now not any the at-

has better exchange, arisen than such local and input as ones, an supply increase the

wonder production tempts at that doing a of country village ethanol banking with from such in

in import were illicit also substitution trade amended in cigarettes strategy in support in

great cassava our market, potential so that but in these in every so will doing, direction only be it

countries will of exporting have limited such firms. as success. South In Africa. But

you successful look: greatly if we educated exorcise that people, de- that export will To is combat another taxes on illicit topic semi-finished trade for another not

bring on board the bigger great mon of natural gloating resource over others’ endow- fail-

only time. leathers in Let’s tobacco, were get also back an introduced illicit to the trade to

ments, constituency great peace of cassava and youth farm- div- task Zambian incentivize ers ure into among force the breakfast comprising ourselves. functional ethanol cereal. production of upgrading Zambia The

idend, In addition indeed so to many mobilising greats, yet re- Revenue major of value tanneries challenge chain. Authority The this (ZRA), product food grade is sources not at at the individual pinnacle of and achieve- family Zambia faced ethanol Zambia was Police, that that needs will Department it was a similar be not produced the

ment level, and we also performance, need transformation economi-

primary strategy Immigration, focus and more. of Lusaka its producers With City the

cally in of sufficient some and socially. institutions quantities Could to this will contrib- be en- an

Council, and biggest it did Drug challenge not have Enforcement lying behind in it the

indication sure ute to that closing that all producers this we do gap. not Equity embody of spir- fi-

Commission, kind terrible of marketing hide keeping Anti-Corruption muscle habits, that

harmony it-based nancing via that alcohol the leads stock in to the sustainable exchange country is

Commission, international cattle ranchers brands Office and goat devote the and to

success? would far much not more have patient import than bank the

President their sheep cereals. farmers and require Zambia behavior

product loans, Indeed, but going this at the will forward. require national people lev-

Association change To conclude, to deter of Manufacturers it flogging should be els, that it excessive are is involved not difficult branding. in those to see institu- how

was heartening and launched that in we 2019. don’t In have line

The other major develop- dis-harmony tions to appreciate tanning leads to investment their dis-function impor-

with to Insufficient look the that objectives hard to of uncover the task

ment from making the hand in a country. We are witnessing force great and sanitiser tance inadequate activities innovative and from significance to product knowledge undertaken ideas

to is this all unfolding the demise molasses be of a once include: undertaken could the cause. other be Money addressed co-products in Zambia that sits through which in that pension can great powerful nation that hold industrial be produced the promise policy in change. of becoming the process. funds and statutory funds could seems Carry to out be increased forgetting research to exist as national While readily the be icons. marketing mobilised However, and for what business on a Two harmonious illicit of trade the to co-products melding provide of for peoples from ought logistics financing to be challenge through disheartening could the be is Capital that evidence-based of the diverse molasses backgrounds to advocacy. ethanol and process eth- the addressed Markets, efforts but to by establish the onus expectation these is on the nicities. are Conduct liquid well-coordinated fertiliser and animal fledgling that latter Government, to products come which amount the party is to with information feed. It Carbon appears driven dioxide like operations. dis-harmony is also an- nothing. the market biggest development. If there consumer is a plethora of is other Share being co-product information promoted to produced and the speedy in of leather such There and failures, are leather other this products, potential should op- actionable demise of way that forwards once upon a time naturally would the tions process champion for point financing and to the support this fact businesses could that to be between great nation. different stakeholders. there the used like industry impact are in manufacturing deficiencies by funds buying which in locally our of seek car- to

The If something main outcomes is not speedily economic produced bonated support businesses drinks setup leather as products, far well that as look as giving green after into envisaged done to restore from harmony task force in that support the house broader public applications. to environmental such sector initiatives highlights and is its sus- operations nation, they will may be increased quickly reach concerned. required tainability Full specifications. capacity issues To be over clear, production and this above policy a point interventions of no return and and actions end up is financial not Despite only profits. about its current establishing There state, are the also

towards iconic Zambian addressing products. illicit trade It

being of the relegated ethanol to from the heap molas- of Zambian some financial leather support and leather mecha-

in is Zambia. also that the call to replace

the ses could once-upon-a-time indeed bring greats. on In products nisms with sector technical has so assistance much imported our market Additionally, neighbourhood, a products improved with locally

number we of have products seen potential for business considering start-ups, that but the only government produced that could ones revenue lead will to yield cessation from of dis-harmony contribute to desta- raw challenge hide materials all these are have, readily apart tobacco limited importation results and its of if products there some are items. are no For bilisation of a once great economy. available, from not being and their homegrown quality could solu- anticipated mechanisms Surya itself, as and more a systems by-product traders in easily But the same is true at global of tions, be is their improved. long-term If enhanced, sustain-

become place to compliant support innovative with the new

level. It is harmony among the na- the ability, leather production once sector a business process could manages is gas

guidelines product initiatives, as well as over a better and

tions, multi-lateral and multi-na- effectively which to go past is used the contribute post. for Indeed, energy to job part in the of

understanding above failing to by take the advantage public

tional organisations of the world creation plant, the homegrown thus and cutting foreign solutions back exchange we on need the of that legible will lead available firms are externalities following

to sustainability. earnings. use for readily plugging of fossil Without this fuels gaping doubt, for its financing energy. the the to sector communities right is channels income that intensive and may tobacco

Without which we may just controls gap The is for and the tragedy thus likes the of the public that Industrial the succeed in annihilating ourselves currently and Development requires be excluded heavy Corporation sunk from the (IDC)

should economic costs, thus, help system. in alerting Government authorities

off COVID-19 planet. pandemic The Sustainable has to establish an in-house venture

of needs illicit operations. to attract foreign direct

Development wreaked on the Goals economies (SDGs) and will fund to support business under- not fortunes be achieved of our without economy, harmo- and investment takings such as as was those done that in have