Lungu (c) Chairman of the board Adam Taylor (l) looks on during the
Commissioning of the Yalelo Zambian Fish in Siavonga
President Edgar Lungu has revealed that government is investing 50 million dollars in developing the fish industry in the country.
President Lungu says the program is being implemented in partnership with the Africa Development Bank.
He says government through the Ministry of agriculture and Livestock is supporting initiatives aimed at supporting small holder farmers to increase their productivity and market access in areas such as fish farming.
President Lungu says the Minister of Agriculture has been challenged to ensure that significant investment is channeled toward increasing the country’s fish production.
Officially opening the Yalelo Fish Farming Facility in Siavonga this morning, Mr. Lungu noted that the project has come at a right time when he recently issued a statement on the need for Zambia to significantly increase its investment in fish production.
He is delighted that the company with 275 employees has targeted to increase its daily fish production to 15 metric tones in the next three months from the current 5 metric tones.
And Agriculture Minister Given Lubinda says it is sad that Zambia keeps on bragging about having 40 percent of the waters in SADC and plenty of rainfall yet has not taken advantage to produce fish and meet the national demand.
He says the Ministry has made progress in increasing fish production in the past five years and is still implementing more projects to increase fisheries.
And Yalelo Board Chairman Adam Taylor says his company is setting trends in global fish farming as it has the largest fish farming cages on the globe.
Mr. Taylor has since appealed to government to improve the road network in the area as part of promoting more commercial fish farmers in Siavonga.
And Yalelo Director Fisho Mwale has attributed the success of the company to support from the Bagande Chiefdom under Chief Simamba of Siavonga District.
cut by the Chairman of the board Adam Taylor (l) and The Director of
Yalelo Zambian Fish Fisho Mwale
Yalelo Zambian Fish in Siavonga
Sinadambwe of Siavonga District Shortly before Commissioning of
Yalelo Zambian Fish in Siavonga
…and the award for most aptly named director goes to Fisho Mwale son of Steak Mwale. Or was that Steke…
The government is getting involved in fishy business. Sounds like they have finally found their plaice. Can’t help thinking of those poor fishermen who are often caught in the nets of big business interests. Save their soles.
Hehehehehehehehe. Good one!!!
what fish industry??,,, we have fish industries already in Zambia in luapula, in baroste kingdom, kuli ba kachema ku kariba, ku lwangwa also …. just inject more captital in them like you want to do to Zamtel
LT, get your headlines accurate!
Government is NOT investing 50 million. It is BORROWING 50 million.
And how much of that will actually be used for fish production??
The word ‘invest’ has two meanings.
1. English meaning
2. Zambian meaning
This lazy bum will do anything to get out of the office!!
The President should be more concerned about projects that lift the masses out of poverty not these apamwambas.
Some people enjoy being workers for basungu. No pride in empowering the country towards ownership of means of production.