Commerce, Trade and Industry Deputy Minister, Miles Sampa says government will soon re-invest in Mulungushi Textiles to revive its operations.Mr. Sampa says the move is aimed at growing the textile industry.
He says Zambia has the potential to grow the textile industry because it has the best cotton in Africa.
Mr. Sampa was speaking in Parliament in response to Mpongwe Member of Parliament, Gabriel Namulambe during the questions for oral and answer session.
He says only two textile factories are currently operating in Zambia namely Sakiza and Kariba textiles.
He also says government will soon produce a list of goods and services that will be banned for import.
And in his follow-up response, Mr. Namulambe encouraged government to establish more textile factories in the country.
Mr. Namulambe said a robust textile industry in Zambia will help increase exports which will in turn stabilize the Kwacha.
Meanwhile Mbala Member of Parliament, Mwalimu Simfukwe says the ban on importation of some goods that can be produced in Zambia will be good for the country’s economy.
Mr. Simfukwe says the ban on importation of some goods is a global practice to protect local industries.