Business

Zambia, COMESA member states need to embrace value addition

KALONDE NYATI, Kitwe
ZAMBIA and other Common Market for Eastern and Southern Africa (COMESA) member states need to move away from production of raw materials to value addition by accelerating value chains in clusters such as leather to tap into the domestic and regional markets.
COMESA Aid for Trade coordinator Hope Situmbeko said with increased market for leather products in industries such as mines, entrepreneurs need to tap into the market by escalating production and quality.
Mrs Situmbeko said COMESA, through support from the European Union (EU), has placed emphasis on the need to escalate value chains which will facilitate trade.
The EU has provided funding under the COMESA adjustment facility to a tune of €6 million to support trade facilitation, cotton and leather and leather value chains in Zambia.
The programme, dubbed ‘Regional integration capacity building project’, has been building capacity to entrepreneurs through respective clusters to help them produce products that meet international standards.
Mrs Situmbeko, who with a delegation from COMESA, Ministry of Commerce, Trade and Industry, and Zambia Leather Industries Association toured leather clusters in Chingola and Kitwe recently, said for Zambia and the region to trade, production will be critical because no country can trade without CLICK TO READ MORE



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