Government says the African Continental Free Trade Area- ACfTA once operational will address economic strategic goals meant to stabilize Zambia’s economy.
Commerce, Trade and Industry Minister Christopher Yaluma says currently, there are many impediments that hinder the country from conducting smooth international trade thereby limiting forex foreign exchange .
Mr. Yaluma says government is engaging various stakeholders in the SADC region to ensure zambia’s international trade challenges are addressed.
He was speaking shortly after touring Marcopolo Tile manufacturering plant in Chilanga, to appreciate the operations of the multi Million Dollar Investment by the Wonderful group of companies.
Meanwhile, MarcoPolo Tile Manufacturing Limited Board Chairman His Royal Highness Chief Chikwanda says the company aims at shifting the country’s status of being an importer of tiles to exporter thereby contributing to the much needed forex in the country.
Chief Chikwanda notes that this will ultimately stabilize the foreign exchange rates as well as general economic outlook.
And Chilanga Constituency Member of Parliament Maria Langa expressed gratitude for the social responsibilities support the company has given in her Constituency.
Mrs Langa, however, urged the company to increase the number of female youth employees to support gender equality in manufacturering companies.
Yalumna promised no more Loadshedding just last year and this shameless clueless Minister is talking about the economy which the entire PF govt does not understand.Yesterday in parliament Dr.Musokotwane showed how the PF budget is spending more money debt servicing equivalent to what they are spending on 14 Ministries!!Pathetic
I bet we will have a lot of funding from the EU, USAID, and other cooperating partners and friends of Africa. I tell you we are writhing in painful mirth. Muzigulisana cabe ma ujeni mwe. This idea that Africa will do well when they band together and start selling to others is just – I don’t know – painfully funny. And who is this HRH? Ex-Finance Don? Mbafu neooooo….
This noise is for Zambians who are dumber than the Minister. Most of these yester years ministers don’t even understand what they’re talking about. Don’t waste a single vote on these monkeys. They open marijuana for medical and export market for foreigners, Viladin and not Zambians. And they expect people to vote for them. Who are they serving??? Zambians or themselves with their crooked corrupt foreigners. Watch these guys. Who among them had $250,000.00 US$ to spend on licencing before they can even start business when they formed Government? You put them in power and they are now telling every zambian voter to be fools after stealing and emptying the government conf
ers in record time.
Ba Yaluma, rhetoric is what you as our PF leaders are known for. Sometimes it is better just to keep quiet, because you have no capacity whatsoever. Look at the downward trajectory of both the economy and governance. And you are still talking, even wanting to come back in 2021. To come and do what, after this mess. FOR THE AVOIDANCE OF DOUBT I AM A DEEP GREEN PF MEMBER BUT A REALIST.
In terms of trade, SADC is dominated by China and South Africa while COMESA is by China, Kenya and Egypt. The only business PF know is to get a cut from every deal. They want to eat now so they can’t make long term plans. There are only 2 manufacturers of note in Zambia, Zambeaf and Trade Kings so how do you expect us to compete?
These people continue pulling any straw at hand from dagga cultivation to carbon neutrality to compulsory health insurance etc etc. Quit stealing put qualified people in and then pray for a way out from the gutter they have put everyone in. Another useless proclamation that shall yield nothing as usual.