Business

Local manufacturers to get export aid

CHIMWEMWE MWALE, Livingstone
MINISTER of Commerce, Trade and Industry Margaret Mwanakatwe says Government will put in place deliberate measures to help local manufacturers and food processors export their products.

Mrs Mwanakatwe said President Lungu’s administration is further taking deliberate steps to ease business for the business community in Zambia to enable them expand and grow the economy.
The minister said this on Wednesday on the sidelines of the 2017 8th Ease of Doing Business Initiative (EDBI) conference. This was after touring Fallsway Foods and Vegetable Processing Limited plant, a Livingstone-based company.
“I am extremely encouraged by the value addition exercise being undertaken by Fallsway. What I have seen today has given me hope that we can use local produce and have proudly Zambian finished products,” Mrs Mwanakatwe said.
Mrs Mwanakatwe said there is need to formalise more co-operatives to ensure they are more viable and able to supply adequate local produce to food processors.
Mrs Mwanakatwe said Government will also ensure that regulation does not hinder local businesses.
“Government is prioritising industrialisation and job creation by ensuring that every district has government agencies to register and ease business,” she said.
She said Government is scaling up solar energy projects across the country to enable the creation of industries in rural areas.
And FFFVP managing director Vora Munna said the company has invested an initial US$3 million and will employ 80 people once it is fully fledged.
He said the company is concentrating on satisfying the local market while making enquiries for international markets.
Mr Munna said the company, which is processing mangoes, tomatoes, chilly and pumpkins among local produce wants to venture into soya processing, milk, ice-cream and yogurt packaging.
He said the company will continue targeting buying raw produce from between 700 to 1000 small-scale local farmers.

 

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