‘ZAFFICO on track to boost forex’
Published On August 29, 2024 » 265 Views» By Times Reporter » Business, Stories
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. Bwalya

By CHATULA KANGALI –
THE Zambia Forestry and Forest Industries (ZAFFICO) is on the right path for value addition to help enhance the country’s foreign exchange earnings through exports, the Bank of Zambia (BoZ) has observed.
BoZ vice chairperson Pamela Bwalya said the central bank was impressed with the investment of $3 million into the pole treatment plant at Itimpi Forest in Kalulushi District.
Ms Bwalya said the operations of the pole treatment plant were impressive and had made the country secure.
She was speaking when the BoZ board and management toured the pole treatment plant in Kalulushi on Tuesday.
Ms Bwalya encouraged ZAFFICO to continue with its drive on value addition as it was key in growing the economy.

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