The Zambia International Trade Fair has recorded losses in profits from K7.5 million recorded last year to over K6.7 million in this year’s Trade Fair.
Zambia International Trade Fair Board Chairperson Dr. Elizabeth Nkumbula said this is as a result of the withdrawal from participation of some government ministries and department following austerity measures announced by government.
Dr. Nkumbula told the media that the holding of the Copperbelt Expo alongside the Trade Fair also negatively affected the event in terms of participation.
She says private sector enterprises and corporates participation was also low due to economic constraints.
This year`s ZITF was held from 26th June to 2nd July 2019 under the theme “inclusive growth through entrepreneurship.”