Timber producers welcome Export Proceeds Tracking Framework …as economist says it will bring sanity to Zambia’s export bill
Published On January 9, 2024 » 2370 Views» By Times Reporter » Business, Stories
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By KETRA KALUNGA
THE Timber Producers Association of Zambia (TPAZ) has welcomed the Export Proceeds Tracking Framework.
TPAZ president Charles Masange says the tracking framework should be extended to the timber industry so that Zambia can reap the benefits from the natural resources.
Mr Masange said in an interview that extending the framework to the timber industry would help reduce financial capital flights and promote growth of the industry.
He said Zambia was being robbed of benefits from the timber sector through capital flights because of under-declaration of invoices.

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