Business

Lack of funds hinders poultry market plans

ESTHER MSETEKA, Lusaka
PLANS by Poultry Association of Zambia (PAZ) to construct a poultry market have been put on hold due to lack of funds.
PAZ executive manager Dominic Chanda said the association had planned to leverage on Zambia National Farmers’ Union (ZNFU)’s funding from the European Union (EU) to construct the market.

Mr Chanda said at the annual general meeting held last week that the poultry market will help traders find the best deals and business to ensure maximum profit from poultry products.
“We wanted to ride on ZNFU’s funding and take advantage of the investments, which were available [then, before the scandals]. However, the proposal has stalled as a number of people financing the union at that time have withdrawn their funding.
“The project was supposed to be funded by the EU under ZNFU so that we can construct a market in Lusaka, Kasumbalesa and Petauke through what is called service centres,” he said.
Meanwhile, ZNFU president Jervis Zimba said the positive results recorded in the agriculture sector such as the bumper harvest in the 2016/17 farming season for both maize and soya beans will positively impact on the growth of the poultry industry.
“In the last farming season, Zambia recorded 3.6 million metric tonnes of maize and 360,000 of soya bean,” Mr Zimba said.

 

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