ZAMBIA TO START EXPORTING FERTILIZER-MUSOKOTWANE

By Paul Shalala

Finance and National Planning Minister SITUMBEKO MUSOKOTWANE says the country will in the next three years start exporting fertiliser to the Southern Africa region.

Dr. MUSOKOTWANE says the fertiliser manufacturing sector in Zambia has received a lot of investment which has seen its capacity grow.

The Minister says the export of fertilizer will become a game changer as Zambia has been importing the commodity from abroad for many decades.

In an interview with the international media on the sidelines of the ongoing Spring Meetings of the World Bank and the International Monetary Fund in Washington DC, Dr. MUSOKOTWANE said the manufacturing sector in Zambia has grown and the country is now the largest exporter of ceramics in the region.

He also predicted that the Zambian economy is expected to grow by 4 percent this year.

Dr. MUSOKOTWANE however said there is need for more investment in factories which would produce products to promote the agriculture and tourism sectors.

Meanwhile, Dr. MUSOKOTWANE said Zambia’s ambitious plan to ramp up production in the mining sector is likely to create more jobs for citizens.

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