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Alba Iulia
Sunday, November 29, 2020

Govt. pleased with Zambia Sugar-Yaluma

Economy Govt. pleased with Zambia Sugar-Yaluma

Mines, Energy and Water Development Minister Christopher Yaluma
Mines, Energy and Water Development Minister Christopher Yaluma

Commerce Trade and Industry Minister Christopher Yaluma says Government is pleased with efforts that Zambia Sugar is making in helping to drive the economy of the country forward.

Mr. Yaluma notes that Government has been following keenly the developmental activities at Zambia Sugar such as the creation of Jobs, enterprise development, and out-grower schemes among others.

He said Zambia Sugar’s contribution to the country’s economy can be attested trough the contribution of K3.8 billion through both direct and indirect taxes.

The Minister was speaking in Mazabuka yesterday when he officially flagged off the Zambia Sugar 2018 -2019 production season at a ceremony held at the companies Nakambala Sugar Factory.

The Minister and his entourage also took time to tour and familiarize themselves with operations of cane production by visiting both the cane fields and refinery sections.

And Zambia Sugar Managing Director Rebecca Katowa said she is hopeful that the company will during this production season record significant growth on its production.

Ms. Katowa said despite coming from a season which is faced with a lot of challenges such as the attack on sugar cane by the stubborn yellow aphids, the company is however, hopeful that meaningful profits will be recorded this year.

3 COMMENTS

  1. This company is the biggest tax avoider (not evader) in Zambia! Action Aid and Oxfam have been at the centre of of nearly brawling! Like American tax avoiders companies in Europe (Facebook, Google) have been shown that unless they are handed heavy fines by regulatory bodies, they will always get away! They operate like Don King-size 100 charges all of them acquitted!

  2. How come this establishment don’t produce white “spoon” sugar as their advert says? Every shop l have been to whilst visiting Zambia sell only brown sugar amid; the ‘huge grits’ that are never found in white sugars? Is this deliberately done or what? What is the reason behind this please, educate poor me…

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