By BUUMBA CHIMBULUTHE 30-day fuel pricing cycle has remained a major challenge affecting planning and investment by many manufacturing companies, especially the Small-Medium Enterprises (SMEs).It is therefore imperative that Government should consider other options for the pricing of fuel to ensure it does not continue to be a challenge on planning, according to the Zambia Association of Manufactures policy analyst, Zondwayo Duma.“The 30-day fuel pricing cycle remains a major challenge affecting planning and investment by many manufacturing companies especially the Small-Medium Enterprises.“Henceforth, to effectively improve the business environment, Government should at least implement quarterly fuel price reviews,” Mr Duma said in an interview.On the 2023 national budget, Mr Duma said it provided a number of measures that were critical for the growth of the manufacturing sector.However, he stated, the budget did not include some important subsectors such as textiles, leather and other important subsectors.Mr Duma therefore recommended that the two percent local content allowance be […]
30-day fuel pricing cycle affecting planning – ZAM
