By BUUMBA CHIMBULUVALUE chain analysis in manufacturing’s priority sectors remains cardinal for promoting value addition on raw materials produced in Zambia and can help to reduce importation of certain items.The knowledge of which raw materials are required to be developed locally will feed into policy interventions that will ensure that the manufacturing sector realises subsector and sector wide economic growth.This is according to the Zambia Association of Manufactures (ZAM) Chief Executive Officer, Florence Muleya in her write up on “Developing Local Manufacturing Value Chains.”Ms Muleya regretted that the manufacturing sector’s ability to add value to vast local raw materials remained extremely low despite having a positive growing contribution to Gross Domestic Product (GDP) and a good outlook over the years.Such growth challenges, she said, merited the need to ensure that local raw material value chains were developed within the country to feed into the local manufacturing production processes.She stressed that most of the raw materials […]
VALUE ADDITION ON LOCAL GOODS CRITICAL – ZAM
