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Lungu calls for co-operatives in commerce, industry

PRESIDENT Lungu congratulates newly-appointed Deputy Minister of Commerce and Industry Raymond Mpundu at State House in Lusaka yesterday. Looking on is Vice-President Inonge Wina (left). PICTURE: EDDIE MWANALEZA/STATE HOUSE.

CHIMWEMWE MWALE, Lusaka
PRESIDENT Lungu has demanded that there be active participation of the co-operative movement in commerce, trade and industry.
President Lungu also said the co-operative movement should embrace other sectors of the economy instead of restricting itself to agriculture as was the case in the past.
The head of State said this at State House yesterday when he swore in Nchelenge member of Parliament (MP) Raymond Mpundu as Deputy Minister of Commerce, Trade and Industry.
Mr Mpundu takes over from Matero MP Miles Sampa, who recently resigned from the position.
“You have a rich CV [curriculum vitae] and I did not have any hesitation in deciding upon you as a successor to your colleague, who resigned. Through you, I see an added impetus in job creation through co-operatives which I have transferred to the Ministry of Commerce, Trade and Industry.
“From henceforth, I want to see the co-operative movement more visible in the areas of commerce, trade and industry unlike in the past where co-operatives had to do with agriculture and agriculture alone,” President Lungu said.
And Mr Mpundu, who is an economist and a former banker, said he is humbled by the appointment.
The former Zambia Co-operatives Federation (ZCF) managing director said he is ready to contribute solutions to the economic challenges facing the country.
“I am happy because I am joining a team that will be in charge of lifting the soul and spirit of the nation given the fact that at the moment, the country is bleeding economically. The country is faced with huge economic challenges and I am going to be part of that team that will be providing solutions to this economy,” Mr Mpundu said.


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