State urged to protect infant industries
Published On October 11, 2023 » 1027 Views» By Times Reporter » Business, Stories
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By KETRA KALUNGA –
AN economist Emmanuel Zulu has urged the Government to protect infant industries in the country from external competition to grow the manufacturing sector.
Mr Zulu said in order for the country to have a thriving manufacturing sector, the infant industries should be protected from external competition.
He said in an interview that currently, the country had a manufacturing sector that was exposed to stiff competition from imports which were sold at a cheaper price compared to the local products.
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