Thu, 22 Feb 2018 10:24:25 +0000 By KALOBWE BWALYA IT is rewarding to invest in Zambia’s agricultural sector because of attractive business incentives, Zambia Development Agency (ZDA) Chief Executive Officer, Perry Mapani has said. The ZDA CEO made the remarks in Lusaka yesterday when Zambia’s High Commissioner to India, Judith Kapijimpanga and Prasad Seeds Company General Manager for Africa, Sreekumar Nair, whose firm has expressed interest to set-up a multi-million dollar seed processing facility in Zambia, called on him at his office. Mr Mapani said investors in the sector enjoyed incentives among which was the duty free on imports of agriculture equipment adding that corporate tax stood at 10 percent as opposed to 35 percent in other sectors. Mr Mapani said agriculture was a priority in Zambia as outlined in the 7th National Development Plan (7NDP) which encourages diversification of the economy from copper dependency to agriculture. “An investor in the sector is allowed […]
