ZAFFICO justifies hike in timber prices
• ZAFFICO in principle has only effected a 20 percent increment and not 25 percent.• The adjustment is cost reflective.• The corporation needs to run
Tag : ZAFFICO
TPAZ urges ZAFFICO to reduce timber prices by 10 percent
• ZAFFICO issue of hiking prices for timber should be done gradually.• Timber business becomes very difficult in the rainy season.• 25 percent is too
Timber traders will be disadvantaged if ZAFFICO revises prices upwards – TPAZ
• It is not possible for ZAFFICO to reduce the prices because the institution needs money to survive.• ZAFFICO is experiencing volume gap, it last
ZAFFICO acquires US$1 million wood harvesting equipment
• ZAFFICO has a total of 1,034 registered small and commercial saw millers.• The Corporation has acquired state-of-the-art wood harvesting equipment at a cost of
TPAZ demands for quick establishment of timber auction floor
• Government should only open one window for export through the auction floor.• When the exports open, government should not give every Jim and Jack
TPAZ urges new regime to normalize Mukula trade
• Mukula trade in Zambia and other timber trade should be normalized. • The current situation where Mukula has been misled should be controlled. •
TPAZ accuses ZAFFICO of distorting Mukula prices
• ZAFFICO must start declaring the real price at which it is exporting Mukula timber. • ZAFFICO is buying a 25 tonne container of Mukula
ZAFFICO not mandated to trade in Mukula- TPAZ
• Timber Producers Association of Zambia says ZAFFICO is not empowered by any law to trade in mukula logs. • Timber Association has already set
We’ll be careful in listing ZAFFICO on LUSE- Lungu
President Edgar Lungu says government will be careful with the listing of the Zambia Forestry and Forest Industries Corporation ZAFFICO Limited on the Lusaka Securities
Move to offload ZAFFICO shares on LuSE supported
The Zambia Youths in fight against corruption hails the move by the government through IDC to list or float an agreed Share Stake in ZAFFICO