Business

CUTS sees potential in timber

TRYNESS TEMBO, Lusaka
ZAMBIA’S timber sector has the potential to contribute over US$10 billion to the gross domestic product (GDP) annually if well managed by various stakeholders, Consumer Unity and Trust Society (CUTS) says.
Out of 752,614 square kilometres (km) of Zambia, 44.5 square km is covered by forests, representing about 60 percent of the country’s land.
CUTS board member Yusuf Dodia said illegal harvesting and inconsistent policies are some of the challenges facing players in the timber sector and have a negative effect on its growth.
Mr Dodia said at the dialogue meeting with government officials and timber producers under the theme: Leveraging Zambia’s timber industry on Friday, that the sector is likely to contribute to GDP, the total value of goods produced and http://epaper.daily-mail.co.zm/

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