Operations at a new maize milling and stock feed production plant in Nakonde District have began with a daily production capacity of 500 Millie meal and 250 bags of stock feed-per day.

Webget Investments Limited, trading as Muchinga Mills Limited, received a loan amounting to K947, 770 from the Citizens Economic Empowerment Commission (CEEC) to set up a maize milling and stock feed production plant.

The loan also financed procurement of a 15 tonne truck.

This is according to a statement issued to the media by the CEEC Public Relations and communications Manager Mercy Khozi-Mwila.

Ms. says that this will create a market for over 1, 000 small scale maize and soya beans farmers in the district adding that this type of investment forms part of the drive to develop the rural areas.

CEEC Director General, Likando Mukumbuta, says the development is “being fully aligned with Government’s Industrialisation and Job Creation Strategy”.

And, Muchinga Mills Director, Webster Sinyinga, has stated that his company’s commitment to producing high quality stockfeed will help the business penetrate into the Northern and Central provinces, as well as cross over into neighbouring Tanzania.