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Ministry of Commerce Launches Strategic Plan PDF Print E-mail
Monday, 16 April 2012 07:45

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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Funding to CEEF suspended PDF Print E-mail
Thursday, 09 February 2012 15:36

Funding to the Citizen Economic Empowerment 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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Sichinga Adrresses Business Concerns PDF Print E-mail
Thursday, 13 October 2011 07:41
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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CEEC releases K1.6 billion for palm plant PDF Print E-mail
Thursday, 13 October 2011 07:39
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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Australians to inject over K20 trillion PDF Print E-mail
Thursday, 13 October 2011 07:38

A DELEGATION of Australian investors is next month expected to visit Zambia and plans to pump Aus $4 billion  (about K20.9 trillion) in various sectors of the economy. The first group of Australian investors is scheduled to arrive in Zambia on February 12, 2012.
Minister of Commerce, Trade and Industry Robert Sichinga in an interview said the Australians are interested in energy, agriculture, tourism and infrastructure.
“The Australians have been asking us what we can offer and are keen to invest in Zambia’s attractions.

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Dangote’s $400m cement plant works to kick-start in Masaiti PDF Print E-mail
Thursday, 13 October 2011 07:36
 THE construction of the US$400 million cement processing plant in Masaiti on the Copperbelt is expected to be launched next week, Commerce, Trade and Industry Minister Felix Mutati has said. Dangote Industries of Nigeria will construct a cement manufacturing plant in Zambia with an initial production capacity of 1.5 million tonnes per annum.
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ZACCI hails State over telecommunications duty stance PDF Print E-mail
Thursday, 13 October 2011 07:34
THE Zambia Association of Chambers of Commerce and Industry (ZACCI) has hailed Government for suspending duty on telecommunication equipment as this will stimulate growth in the industry. ZACCI president Geoffrey Sakulanda said in a statement in Lusaka yesterday the measure would accelerate tele-connectivity across the country. Mr Sakulanda said the development
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