The Ministry of Commerce Trade and Industry (MCTI) is Zambia's principal Government body responsible for administering national policy for private sector development. It coordinates industrial, commercial and trade matters and liases with various public and private sector organisations to facilitate the implementation of government sector policies related to trade and industry. This is in line with the Ministry's mission statement. |
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Funding to the Citizen Economic Empo werment Fund (CEEF) has been suspended. This follows poor performance of the fund. Commerce, Trade and Industry Minister, Robert Sichinga, announced the suspension in Lusaka during a press briefing held at the Ministry's boardroom recently. The Minister further directed that the CEEC should not receive or process any new applications.
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The Minister of Commerce, Trade and Industry, Mr. Robert Sichinga , recently held business meetings with the business community in the North-Western and Copperbelt provinces to address the challenges that the communities face in doing business in Zambia as well as look at business potential of the two provinces. During the business meetings, Mr. Sichinga emphasized that the government was keen on bringing development to the whole of Zambia by addressing the concerns of the citizens. In the North Western province , challenges that the business community
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The Minsitry of Commerce, Trade and Industry has launched a Strategic Plan that will guide the ministry's operations for five years - from 2011 to 2015.
Launching the Plan at Sandy's Creation in Lusaka recently, Minister of Commerce, Trade and Industry, Hon Robert Sichinga, said the Ministry's goal for the period was to diversify the economy and create a competitive export-led manufacturing sector which will contribute 12.5% to Gross Domestic Product (GDP) and increase exports to 40% of GDP in order to create jobs and wealth.
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THE Citizens Economic Empowerment Commission (CEEC) in Luapula province has released more than K1.6 billion for the establishment of a palm processing plant and 56 new projects which include five Small and Medium Enterprises (SMEs) in the manufacturing sector. Provincial empowerment coordinator Martha Sanjobo said in Mansa yesterday that the palm oil processing facility which was based in Kawambwa was one of the six SMEs funded by CEEC this year.
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