THE slump in copper prices calls for the Government to take stringent measures to ensure value addition of mineral locally to avoid adverse effects from the international price shocks.
As the Zambia Association of Manufacturers rightly observed, Zambia needs to move a step further to insulate its economy from international price shocks on the global market given the plummeting Copper prices.
The country’s manufacturing sector is vital to boosting the country’s economy and the Government should look into this matter by providing serious incentive to the players in the sector.
Kudos to new system
THE Governmment has introduced a new payment system with effect from January 2015.
BRIEFCASE would like to welcome the new system which Secretary to the Treasury Fredson Yamba says will improve Government’s ability to efficiently manage public resources.
This, it is hoped, will help in resolving the difficulties the Government suppliers of goods and services go through when trying to get their payments.