Create export trade zone at Kasumbalesa Border – ZAM
Published On June 25, 2024 » 419 Views» By Times Reporter » Business, Stories
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. Sagar

KETRA KALUNGA –
THE Zambia Association of Manufacturers (ZAM) has urged Government to establish an export trade zone at Kasumbalesa Border Post to facilitate seamless trade between Zambia and the Democratic Republic of Congo (DRC).
ZAM president Ashu Sagar said in an interview that establishing the export trade zone at the border would allow even small businesses to remain in business.
Mr Sagar said this was because once cross border traders buy products from the local manufacturers within the export trading zone, they would benefit from the 16 per cent Value Added Tax (VAT) and be able to trade with their counterparts in DRC.
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