ZAM CRIES FOR TAX RELIEF, MANUFACTURERS BADLY HIT BY COVID

By BUUMBA CHIMBULUMANUFACTURERS have called for tax relief to cushion them against the devastating effects of Covid-19.Zambia Association of Manufacturers (ZAM) President, Ezekiel Sekele said Government should provide more relief to the manufacturing sector in the 2022 National Budget to help it rebound.Mr Sekele emphasised the importance for Government to relook at the current tax policy and consider offering some relief to the manufacturing sector.He pointed out that the manufacturing sector was no different from tourism in terms of the impact of Covid-19 has had on the sector.“We are looking forward to seeing some relief to the manufacturing sector in the 2020 National Budget so it recover,” Mr Sekele when he recently met the Finance Minister Situmbeko Musokotwane in Lusaka.Mr Sekele encouraged Government to promote value addition and industrialisation to enhance the growth of the sector.And speaking after the meeting, Mr Sekele said: “We had a fruitful consultative meeting with the Minister of Finance. In […]