Thursday 6 October 2011

ZAMBIA ASSOCIATION OF MANUFACTURERES ASKS NEW GOVERNMENT TO RELOOK AT THE DEAD TEXTILE INDUSTRY QUICKLY AS ONE WAY TO CREATING JOBS

the zambia association of manufacturers (zam) has called on the new government of president michael sata to provide incentives to local companies in the textile sector to help improve and uplift the standard of the industry which is almost dead.
zam chairperson chance kabaghe says if the new government wants to create new jobs as per its policy, there is need to offer incentives which will allow local companies to set up companies to start manufacturing products which have good quality and can be sold internationally.
mr. kabaghe has stated that the government should allow for local investors to import technology at cheap prices and lower taxes like it has promised so that they can revamp the industry.
speaking in an interview with radio phoenix, mr. kabaghe says currently the industry is non functional with the closure of mulungushi and kafue textiles which used to produce products and could be found in the local market.
meanwhile mr. kabaghe has declared that the country’s manufacturing sector will perform accordingly once the new government implements its policies properly.
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