Business

CSPR hails President Lungu over agro reforms

ESTHER MSETEKA, Lusaka
THE Civil Society for Poverty Reduction (CSPR) says the proposed creation of agricultural-related industries by President Lungu will help create employment through value addition, processing and packing for the populace.
In a statement availed to the Daily Mail recently, CSPR advocacy and communication programme co-ordinator Maxson Nkhoma said the firm is happy that the President was very categorical in his inauguration speech about Government’s decision to make the agriculture sector a number one priority among all other sectors in an effort to diversify the economy.
“CSPR is pleased and humbled with the content of the presidential address to the national assembly. CSPR is glad to note that the President shares the concerns affecting the small-scale farmers in as far as farming mechanisation is concerned.
“This creates confidence amongst small -scale farmers that Government is creating an enabling environment that will enable them to own farming equipment to enhance production,” Mr Nkhoma said.
On the macro-economic front, CSPR is optimistic that with the proposed broad-based macro-economic policies such as the reduction of inflation rate to single digit and public debt, Zambia will remain a predictable and best investment destination for both foreign and local investors.
He said it is encouraging to witness inflation reducing from over 22 percent in December 2015 to around 18 percent in September 2016.
“Further, it is our hope that creation of the Industrial Development Corporation will help the country enhance its capacities in commerce, trade and industry and enable Zambian products fair competitively on the international market while creating jobs for local people,” he said.
Mr Nkhoma has, therefore, called upon Zambians to embrace the President’s call for innovation if the country is to develop in the age of digital technologies and economic globalisation.

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