By BUUMBA CHIMBULUTHE supply chain linkages concept remains critical for Zambia’s effective diversification and economic boom.Backward and forward linkages will not trickle to the rest of the economy unless Zambia ensures that more investments is obtained in the manufacturing and other sectors of the economy in times of an economic boom.This is according to the Zambia Association of Manufacturers (ZAM) Policy Analyst, Zondwayo Duma.Mr Duma said Zambia’s economy would be denied the benefits of growth from backward and forward linkages mainly driven by the mining industry, leading to a failure to meet national aspirations of economic diversification.He stressed in an interview that the most successful countries built linkages between their natural resources and the manufacturing sector.“Natural resources have clearly been an important aspect of economic development for some developed countries in global history.“For instance, between 1870 and 1914, a period often referred to as the Golden Age of natural resource led development, economic growth recorded in the time was led by natural […]
‘ZAMBIA MUST ENHANCE SUPPLY CHAIN LINKAGES’
