Friday, April 26, 2024
Image Description

ZACA commends Export – Import Bank of China

Share

.The Zambia Consumer Association (ZACA) has commended the Export-Import Bank of China on the move to stop giving concessional loans to Chinese companies that supply poor quality goods to Zambian consumers.

Association Executive Director Mwilola Ililonga told ZANIS in an interview in Lusaka yesterday that the move by the Chinese Bank is welcome.

Mr. Ililonga, however, said the association is looking forward to concrete action towards the implementation of the move.

He said the association is concerned with the continued complaints from consumers of Chinese products in the country saying the action by the Export-Import Bank of China is in the right direction.

Mr. Ililonga said it is not good that substandard goods should be off-loaded on the Zambian market adding that the Zambian consumers deserve better products.

He expressed confidence that the Chinese bank will take disciplinary action towards would be offenders.

Mr. Ililonga pointed out that in as much as Chinese products are cheap, there is need to improve on the quality.

ZANIS

3 COMMENTS

  1. Dont we have Zambia Bureau of Standards. They are supposed to check the quality of goods in the country. What are “Standards” for? Please leave the bank alone. Their competence is financing projects such as exports or imports. ZBS is sleeping on their jobs. No wonder we have many substandard goods in Zambia. Who does ZBS report to?

    Besides the Consumer Association should work with ZBS which must have the right to withdraw trading licences of those peddling substandard goods..

Comments are closed.

Read more

Local News

Discover more from Lusaka Times-Zambia's Leading Online News Site - LusakaTimes.com

Subscribe now to keep reading and get access to the full archive.

Continue reading