Business

Exporter audit survey to provide NTEs road map’

ESTHER MSETEKA, Lusaka
MINISTER of Commerce, Trade and Industry Margaret Mwanakatwe says initiatives such as the exporter audit survey will help Government assess the performance of key economic sectors and how they impact on non-traditional exports (NTEs).
The exporter audit is a survey of enterprises engaged in export and enables Government to evaluate the performance of Zambia’s NTEs sector and ascertain supply capacity.
The survey is conducted by the Zambia Development Agency annually with help from other government organisations.
In a speech read on her behalf by Ministry of Commerce, Trade and Industry permanent secretary Kayula Siame on Wednesday, Mrs Mwanakatwe said it is Government’s objective to ensure that export capacities among the private sector are built through various interventions to increase NTEs to both regional and international markets.
“The exporter audit survey provides Government with a clear road map on fostering opportunities in sectors feeding into the NTEs.
“It is, however, unfortunate to note that exports of non- traditional products have continued to decline since 2015 owing to various factors such as world-wide change in the business landscape with challenges emanating from global economic slowdown which has affected the performance of developing economies like Zambia,” she said.
Earlier, ZAM executive director Maybin Nsupila said the exercise is important as it creates a stage for exporters to monitor the business trends in both the regional and international markets.
“The undertaking of the exporter audit is crucial to understanding not only the quantity value and the product mix of Zambia’s exports and their destinations, but also to identifying and interrogating some of the issues adversely affecting the operations of firms that are exporting at firm level,” Mr Nsupila said.

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