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Strong kwacha benefits beneficiation industries

28 Jul 2006 - by Staff reporter
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THE STRONG kwacha has presented a window of opportunity for those ready to take up the challenge. Says one Lusaka-based transporter: “We have weathered economic storms in the past. The trick now is for Zambian business to see what is available. “Visit our yard in Johannesburg and you will see plant and manufacturing equipment being brought in to establish beneficiation industries because purchasing capital items is now very cheap. This, in the long run, will be healthy for employment and our balance of payments as it will enable us to substitute imports and will diversify our export base which is still too reliant on commodities and a resurgent agricultural sector,” he said.

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