The Zambian government has spent about K80.4 million (US$14,888) to secure exhibition stands for Zambia’s exhibitors at the just-ended Zimbabwe International Trade Fair.
Commerce, Trade and Industry deputy minister Richard Taima said in Lusaka today that the event was successful but could not disclose how much money was realized from the fair.
Mr. Taima said this today during an evaluation meeting on the Zimbabwe International Trade Fair.
He said about 30 Zambian companies from different sectors of the economy exhibited at the fair, while the total number of participants from Zambia was 60.
He said among the industries that were represented are the textile and clothing, mining, pharmaceuticals, engineering and information communication technology industries.
Others were food production services and the manufacturing industries.
Mr. Taima explained that government was making efforts to enable the country exhibit in other fairs in countries such as Japan and China, including other COMESA and SADC member countries.
He noted that this would help strengthen trade ties between Zambia and other countries because it would accord Zambians an opportunity to market their products.
The postmortem meeting, which included participants in the just ended Zimbabwe Trade Fair, was meant to assess the effectiveness of the event on the Zambian participants and identify areas that needed to be improved.
ZANIS/MP/KSH/ENDS.
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the other day they were saying that raised about K280m, and spent about K80b, something is not right.
I really dont know what those figures mean but it surely does sound like an awful lot of money.
I hope it was worthwhile!
Lusaka Times, how can $14, 000 translate to K80Billion? I know our kwacha is weak but this is ridiculous. Can’t Editor’s check some of these misrespresentations? So annoyingly irritating!!
I think the mathematics is wrong. $14000 cant be K80bn . Lets please count properly.
Check you figures LT! Even simple currency conversion becomes an issue! aaaaaaaaah! This is pathetic
RB is wooing Zimbabwe like a lovesick youth but at whose expense
LT whats up with the wrong info? ni friday ka
This is another ‘malabishi’ governance of tax payers money.. no prioritisation… …