{"id":35094,"date":"2022-11-23T22:15:50","date_gmt":"2022-11-23T22:15:50","guid":{"rendered":"https:\/\/www.africa-press.net\/zambia\/all-news\/president-hichilema-directs-commerce-minister-to-reduce-business-licenses-costs-to-the-barest-minimum"},"modified":"2022-11-23T22:39:29","modified_gmt":"2022-11-23T22:39:29","slug":"president-hichilema-directs-commerce-minister-to-reduce-business-licenses-costs-to-the-barest-minimum","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/zambia\/all-news\/president-hichilema-directs-commerce-minister-to-reduce-business-licenses-costs-to-the-barest-minimum","title":{"rendered":"President Hichilema directs Commerce Minister to reduce business licenses costs to the barest minimum"},"content":{"rendered":"

Africa-Press – Zambia. <\/strong><\/span>President Hakainde Hichilema has directed the Ministry of Commerce, Trade and Industry to ensure that business licenses costs are reduced to the barest minimum.<\/p>\n

Mr Hichilema says there is utmost need to ensure that fees he said are hurting business operations are addressed as quickly as possible in order to support local businesses to thrive.<\/p>\n

President Hichilema made the directive when he graced the 2022 Zambia Association of Manufacturers (ZAM) week at East Park Mall in Lusaka under the theme: \u201cshifting the paradigm towards export led industrialization.\u201d<\/p>\n

Mr. Hichilema said the government stands ready to support the manufacturing sector to produce quality goods for both domestic and export markets. The President said it is extremely important that the country deepens production of quality local goods by scaling up sourcing and utilization of local raw materials as opposed to imported raw materials.<\/p>\n

The Zambia Association of Manufacturers (ZAM) is a key player in the realization of government\u2019s industrialization agenda. \u201cWe are equal partners, equal partners to produce more quality goods, to process more goods\u201d said President Hichilema.<\/p>\n

Mr. Hichilema said his administration has put in place policies and measures to trigger growth in the economy and the manufacturing sector stands to benefit and must seize the opportunities arising from the stabilization of the economy.<\/p>\n

\u201c Our first year in office was to stabilize the country, our second year in office is to unlock all the rigidities. We are moving from stability to bringing growth.<\/p>\n

\u201c We need to trigger growth\u201d said President Hichilema.<\/p>\n

He further challenged local producers to take advantage of the many agreements the country has with other countries and ensure that they produce quality local products that can enter the export market.<\/p>\n

President Hichilema also paid glowing tribute to Trade Kings Group of Companies for being a leader in the country\u2019s manufacturing sector. Mr Hichilema urged Trade Kings to support smaller companies by subcontracting them so that the sector can have business opportunities at primary, secondary , processing and packaging levels.<\/p>\n

The Head of State further directed the ministry of commerce to come up with its modalities of ensuring that local manufacturing companies benefit from the country\u2019s raw materials.<\/p>\n

\u201c It does not make economic sense for a company such as Zambia Metal Fabricators (ZAMEFA) to buy copper raw materials quoted at London Metal Exchange when it can easily access the raw material locally, \u201c stated the Republican President.<\/p>\n

And Zambia Association of Manufacturers (ZAM President) Ashu Sagar assured government that his association is confident with the economic policies and measures that government has put in place.<\/p>\n

Mr. Sagar said ZAM was confident with government\u2019s policies to industrialise the country and promote local manufacturers into exporting their products.<\/p>\n

\u201cWe have strong belief that economic change for Zambia is now. ZAM has no intention of being blinded by the economic agenda the UPND has put in place. \u201d he said.<\/p>\n

The ZAM President commended government for stabilizing the economy and urged the UPND administration to ensure that it addresses bottlenecks affecting the manufacturing sector such as multiple business licenses in order to have a competitive sector.<\/p>\n

Mr Sagar said there is need for government to develop a value chain strategy to harness the country\u2019s potential so that more jobs can be created. Minister of Commerce, Trade and Industry Chipoka Mulenga said his ministry and ZAM had come up with an initiative to identify Zambians as brand ambasseders to help with promoting buying and consumption and use of local products and services.<\/p>\n

He said the Brand Ambassadors will be expected to help market Zambians goods and services and rally Zambians into buying locally produced goods. \u201cZAM and my ministry will decentralise the ZAM Week in order to involve small and medium enterprises across the country and participate in the event in their respective localities, \u201cMr Chipoka said.<\/p>\n

At the same function, President Hichilema was bestowed with the Brand Ambassador role to lead the promotion of the Buy Zambia campaign. Others picked as brand Ambassadors include Minister of Small and Medium Enterprises Elias Mubanga, Science and Technology Minister Felix Mutati , Foreign Affairs Minister Stanley Kakubo and Buy Zed Campaigner Edgar Ngoma.<\/p>\n

For More News And Analysis About Zambia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Zambia. President Hakainde Hichilema has directed the Ministry of Commerce, Trade and Industry to ensure that business licenses costs are reduced to the barest minimum. Mr Hichilema says there is utmost need to ensure that fees he said are hurting business operations are addressed as quickly as possible in order to support local […]<\/p>\n","protected":false},"author":84,"featured_media":35093,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,12],"tags":[234,235,233],"class_list":["post-35094","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-policy","tag-africa-press","tag-africa-press-zambia","tag-zambia"],"yoast_head":"\nPresident Hichilema directs Commerce Minister to reduce business licenses costs to the barest minimum - Zambia<\/title>\n<meta name=\"description\" content=\"President Hakainde Hichilema has directed the Ministry of Commerce, Trade and Industry to ensure that business licenses ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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