Budget should support regional trade – COMESA

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Ms Kapwepwe COMESA Chief

The Common Market for Eastern and Southern Africa (COMESA) says it expects Zambia’s national budget for 2022 to support regional trade.

COMESA Secretary General Chileshe Kapwepwe says it is important for government to use next year’s national budget to enhance local production of goods.

Ms. Kapwepwe who was speaking in an interview with ZANIS in Kasama yesterday, said this will create an opportunity for market access and export among local manufacturers.

She said local companies should also take advantage of the removal of tariffs in the region to export their goods to COMESA countries.

And Ms. Kapwepwe said it is the expectation of COMESA to see the new dawn administration support Small and Medium Enterprises to be more productive.

She said the creation of the Ministry of Small and Medium Enterprises is a move in the right direction.

Minister of Finance Situmbeko Musokotwane is this Friday, October 29, 2021 expected to present the 2022 national budget to Parliament.

3 COMMENTS

  2. I don’t where this Kapwepwe daughter stands from, but whenever she talks she is always out of sink with the rest of Zambia. Recently she asked president HH to rewrite the history – I mean like really, at this point in time. Or maybe she meant to rewrite our Debts, our poor Kwacha, our inflation, our poverty. And besides she sounds more of an entitlement child – thinking her father did most of the work – never! Zambians are stuck with KK as the liberating hero for G. We all know KK didn’t do it alone but he built unity if it was Kapwepwe at the helm, he would be jst done what Micheal Sata and Lungu did-develop Chinsali & Muchinga. we wouldn’t be a respected country world over. Sorry for you Kapwepwe – keep on dreaming mama.

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  3. Of course that is way to go. This should sink in every Zambian’s mind. Grow the export base if you want to grow the economy. Its however not only production. There are also what are called invisible exports-tourists, international meetings and conferences. Zambia is a peaceful and beautiful country renowned for the friendliness and hospitality of its people. Please take advantage of this. The ministry of tourism should work with the private sector to achieve this. No more idle minds please.

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