Thursday, April 18, 2024

Kabwe town fails to meet its economic output target set for 2018

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Asphalt Road Zambia (ARZ) a Contractor working on Kabwe Town centre
roads has stepped up works

The Kabwe Chamber of Commerce and Industry (KCCI) has observed that business in Kabwe district has not been as productive as projected in the year 2018.

Speaking in an interview with ZANIS, KCCI President, Christabel Ngongola said the year 2018 has seen few new businesses established in the district.

Ms Ngongola said the few new companies that came on board are still trying to find their feet and still trying to master the trends of the Kabwe community.

She observed that the economic output of the town has generally been very slow to the economy of the country.

Ms Ngongola highlighted that she is, however, pleased that the already existing businesses as well as industries are still in existence and that no industry has completely been shut down as a result of the bad economic performance of the country during the 2018 business calendar.

She added that KCCI as a private business entity managed to push government to help businesses to thrive.

Ms Ngongola said in an effort to better the economic performance of Kabwe town in particular and Central Province at large, KCCI has started very good collaborations with the Ministry of Commerce, Trade and Industry in order to attract more industries in the province.

A few weeks ago during the KCCI annual Gala, Central Province Permanent Secretary, Chanda Kabwe, challenged the KCCI to grow into a provincial body that will facilitate and coordinate the growth of business activities in the province.

5 COMMENTS

  1. I would attest to this. I branched out my small business to Kabwe and the results have been unimpressive. As small business owners we want to supplement government efforts to grow the economy and to help reduce the employment deficit so we need support from government. I feel sometimes there is too much compliance fatigue. You have to pay income tax to ZRA, you have to pay the council trading licenses, you have to pay PACRA annually, pay workers a minimum wage, pay for other operating expenses. In the end what remains as profit is not attractive enough to keep expanding and invest more.

    • Outside of Africa I have never been to a country where all town roads are needing repair. All the towns in Zambia have damaged roads. What do the Europeans do to their smooth roads that we are unable to do? When Zambia got independent roads had no potholes. 50 years later all roads require repairs. Are Africans able to govern themselves? Do we need Lunga or Welensky?

  2. After His Exellency the president of the Republic of Zambia succesfully opened Zambia China Mulingushi Textiles prior to 2016 poles the no development sure.

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