Business

Revise excise duty on wine

ESTHER MSETEKA, Lusaka
ZAMBIA Association of Manufacturers (ZAM) has called on Government to revise the calculation of excise duty on wine to foster economic growth and spur agricultural diversification.
ZAM chief executive officer Chipego Zulu said the intervention will help to create substantial jobs and boost economic development through backwards and forward linkages between farmers, manufacturers and traders.
Ms Zulu said in the 2019 budget, ZAM has proposed that the change in the calculation of excise duty will significantly reduce the cost of production, thereby fostering the growth on an infant industry http://epaper.daily-mail.co.zm/

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