Business

Zambia ponders copper export to Ghana

CYNTHIA MWALE, Lusaka
AS A copper export leader, Zambia is considering supplying the Reroy Group of Companies, the leading producer of electric cables with copper to increase its production capacity, Acting Zambia Ambassador to Ghana Rolland Mwansa has said.
Mr Mwansa who revealed recently in Tema when he led a delegation to pay a courtesy call on Reroy Cables chief executive officer Kate Quartey-Papafio, said the country also intends setting up an electrical cable company to add value and create jobs.
Reroy Cables Limited, a subsidiary of Reroy Group is into manufacturing and distribution of electrical cables and accessories for both international and domestic market.
“Zambia, which is a leading exporter of copper, was exploring possibilities of establishing an electrical cable company to expand the scope of business,” he said as he toured the factory to learn more on the company’s operations.
Mr Mwansa was accompanied by the first secretary of the Zambia Embassy in charge of administration Fidelis Chisenga.
He said Zambia is endowed with copper and the visit would strengthen bilateral relations existing between the two countries and help Reroy to expand its current production capacity.
He commended the company for its innovations and creativity in adding value to its products and services saying its effort has demonstrated commitment in expanding operations across Africa.
Mr Mwansa said most African countries failed to improve on their products and services, and preferred to produce raw materials for export, which reduces the cash inflows of the country.
In response, Mrs Quartey-Papafio said adding value to products is critical in creating jobs for the youth and for expertise.
She said Reroy Cable would explore opportunities to expand and export to Zambia in line with the country’s plans to establish a cable company.
Mrs Quartey-Papafio said the company produces 6,000 metric tonnes of aluminium and 2,000 metric tonnes of copper cables annually.

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