Saturday, June 20, 2026
22.1 C
Lusaka

The manufacturing industry is an important engine of economic growth – Taima

Government says the manufacturing industry is an important engine of economic growth as it contributes positively to the country’s Gross Domestic Product (GDP).

Commerce, Trade and Industry Deputy Minster Richard Taima says this is why statistics on manufacturing activities in the country are a key component of monitoring the progress towards achieving goals and objectives in the Fifth National Development Plan (FNDP).

Speaking in Lusaka today when he officiated at the opening of the International workshop on the manufacturing statistics, Mr. Taima said statistics play a vital role towards assisting government in policy formulation and decision making.

Mr. Taima noted that government also relies on timely and accurate statistics to monitor and evaluate all developmental projects being undertaken at international, regional and local levels.

He pointed out that a growing economy like Zambia needs statistics that can enable her plan for the development economic that can consequently bring about sustainable economic growth and improve the living standards of the citizens.

Meanwhile, Mr. Taima has also disclosed that government is aware of constraints and shortcomings in the production and dissemination of official statistical data in the country.

He cited inadequate funding for statistical operations, inadequate physical infrastructure and out dated legal provisions as some of the challenges that need to be urgently addressed.

Speaking earlier, Central Statistical Office (CSO) Director Elfreda Chulu said in the face of the global economic crisis, there is need for governments to step up efforts in improving the way of compiling statistics in Africa.

Ms. Chulu called for concerted efforts from all stakeholders within the region to work together improve statistical compilation.

United Nations Statistical Division representative Ralf Becker said there is need for countries to have a broad based understanding about statistics if the current data compiling is to be improved.

Mr. Becker explained that through proper understanding of official national information people will be able to make meaningful contribution to the economic growth of their country.

He also challenged governments in the regional to identify key areas that can result in having comprehensive and improving statistics in their countries.

He further thanked the Zambian government through (CSO) for hosting the workshop adding that it will go a long way in not only sharing ideas in statistics but will also assist in enhancing trade and manufacturing relations region.

The three-day workshop organized by the Zambian Central Statistical Office has attracted participants from Southern African Developing Communities (SADC), and the Eastern African Communities (EAC).

ZANIS/MM/AM/ENDS.

Loading read count...

4 COMMENTS

  1. Let give credit to young Taima. He is not like the foolish Chulumanda. Keep it up younger man.

  2. This is more like it. This young man Taima should be kept even by the next Government for he shows a wise understanding of matters of importance.

  3. We also need to encourage home-made ideas and innovative concepts. Especially in the area of herbal therapy, I think the local pharmacies can do a lot to develop & manufacture better medicines than the usual Panadols & Aspirins whose long-term side-effects are catastrophic.

Comments are closed.

Hot this week

Mundubile Pledges Debt Relief for Civil Servants

National Reconciliation Party for Unity and Prosperity (NRPUP) presidential...

ABSA Bank Zambia committed to better people’s livelihoods

ABSA Bank Zambia has pledged its continued support to...

Manufacturing sector contributed to 2025 GDP-Malama

The Ministry of Infrastructure, Housing and Urban Development Permanent...

VEEP Nalumango’s Muchinga visit postponed-Bwalya

Muchinga Province Permanent Secretary Tuesday Bwalya has announced the...

Lusaka cultural festival promotes inclusion-Kalusa

 Lusaka Province Permanent Secretary, Joe Kalusa says the Provincial...

Topics

Mundubile Pledges Debt Relief for Civil Servants

National Reconciliation Party for Unity and Prosperity (NRPUP) presidential...

ABSA Bank Zambia committed to better people’s livelihoods

ABSA Bank Zambia has pledged its continued support to...

Manufacturing sector contributed to 2025 GDP-Malama

The Ministry of Infrastructure, Housing and Urban Development Permanent...

VEEP Nalumango’s Muchinga visit postponed-Bwalya

Muchinga Province Permanent Secretary Tuesday Bwalya has announced the...

Lusaka cultural festival promotes inclusion-Kalusa

 Lusaka Province Permanent Secretary, Joe Kalusa says the Provincial...

Office of the Public Protector calls for environmental clean-up

The office of the Public Protector has called on...

Lwandamina extends Nchanga stay

Experienced coach George Lwandamina has extended his contract at...

Malata calls for investment in referees training

Retired referee Evans Malata has called for increased investment...

Related Articles

Popular Categories

spot_img