Business

Commerce body calls for reduced tax on agro equipment

NKWETO MFULA, Chingola
CHILILABOMBWE Chamber of Commerce and Industry has appealed to Government to reduce tax on imported agriculture equipment and declare some regions as tax free zones to for agriculture to promote diversification of the economy.

In an interview, Chamber president Nelson Musonda urged the Minister of Finance Felix Mutati to reduce tax on imported agriculture equipment in next year’s national budget to promote diversification and enhance economic growth.

Mr Musonda encouraged Government to incentivise agriculture equipment such as irrigation machinery to promote diversification of the economy.
“Government should promote agriculture in the next three to five years by declaring some READ MORE

 






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