By NOEL IYOMBWATHE 20 percent subcontracting policy should be revised to 50 per cent because locals have gained the necessary skills to hand bigger contracts, Local Contractors Association of Zambia President Mutale Mpepo has said.Mr Mpepo said Zambians should not be imposed with a limitations when accessing contracts.He said that there was need to empower local contractors in order for the money to remain in the country.Mr Mpepo said with the expertise that local contractors have gained, 50 percent of works should be preserved for them.He said the purpose of awarding contracts to local contractors was to empower them and to grow the local economy.Mr Mpepo explained that the proposed 20 per cent stake was proposed some years back but as time went on, it was imperative to increase it.“The then minister of Infrastructure Ronald Chitotela proposed 30 per cent when in other countries like Kenya it was 40 per cent five years ago,” he […]
RAISE SUBCONTRACTING POLICY TO 50P.C, GOVT TOLD
