Proposed electricity tariff hike will affect manufacturing sector – ZAM
• The proposed increase of electricity tariffs by Zesco will be another add-on to the challenges which the sector is already grappling with.• Increasing the
Tag : Zambia Association of Manufacturers
Manufacturing sector currently contribute less than 10% to GDP – ZAM
• Currently, the sector’s contribution to GDP at less than 10% remains low to attain real socio-economic transformation.• ZAM will engage Government to look for
Zambia’s Non-Traditional Exports to SA, USA constitute over 90% – ZAM
• Zambia’s trade deficit remains very huge, accounting for close to US$2 billion with South Africa and US$260 million with USA.• Zambia has huge potential
Procurement of wooden poles disadvantaged local manufacturers – ZAM
• This decision has overlooked local suppliers of wooden poles.• The opportunity was not locally advertised before it was extended to foreign companies.• This stood
Set out legislative reform agenda – German Ambassador
• Government must swiftly set out it’s legislative reform agenda and begin the legislative process of priority reform.• Slow pace of implementation of key reforms
Non-tariff barriers are hindering exports – ZAM
• Zambia currently trades in two regional economic communities namely; COMESA and SADC.• Zambia recorded a trade surplus of US$846 billion within COMESA.• Access to
Looming fuel, electricity price hikes will hinder 2022 inflation targets – ZAM
• Electricity in Zambia is already marred with erratic supply.• Increasing the price of electricity increases operating costs of manufacturers significantly.• Clear impacts of fuel
FQM pledges to increase local content supply
• The mining firm has undertaken various programmes.• This is in its drive to include more Zambian businesses in the mines supply chain.• FQM’s Kansanshi
National black-out costs manufacturers K2 million loss
• Some companies utilized gen-sets, but were hit by no less than K50, 000 additional cost of production.• this counters efforts to meet national objectives•
Money FM, ZAM sign MoU
• ZAM’s goals resonate with what the Money FM Radio station stands for. • Money FM promotes entrepreneurship, SMEs, and local content. • Money FM