Business

COMESA, Taj Pamodzi seal deal

KELLY NJOMBO, Lusaka
THE Common Market for Eastern and Southern Africa (COMESA) Business Council (CBC) has partnered with Taj Pamodzi Hotel through a local sourcing for partnership (LSP) project to promote intra-trade and regional markets in the hospitality industry.
The partnership is expected to enhance local sourcing of products from food suppliers, while integrating them into the supply chain of the hospitality industry, to create jobs.
CBC chief executive officer Sandra Uwera said the partnership will enhance market access for small-scale businesses that face more challenges.
Ms Uwera was speaking during the signing of a memorandum of understanding yesterday. She said small businesses continue to face numerous challenges in meeting expected standard requirement and this has affected their penetration into regional markets.
“To date, the active participation of [SMEs] in national and regional value chain remains [insignificant] in the COMESA region. I cannot overemphasise the importance of this collaboration in building the capacity of SMEs to implement compliant safety systems,” she said.
Ms Uwera said the need to structure mechanism will encourage intra-trade growth through the consumption of home-grown products in the COMESA region.
She said the partnership comes ahead of a local sourcing partnership training in Zambia for 80 suppliers on sustainable standard requirements, and that the CBC will act as the voice of the private sector in the region through the initiative.



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