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World Bank Pledges to Support Cattle Industry Development

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The World Bank has pledged to assist revamp the cattle industry in Southern Province. This came to light when Marie Sheppard, the Bank’s Senior Private Sector Development specialist in Zambia addressed a Cattle Industry Consultative meeting which was held at Southern Comfort Lodge in Monze on 17th March 2010.

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Stakeholders Endorse Proposal to Form Dairy Association

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The ZNFU Dairy Commodity Committee meeting met last week on Thursday 11th March 2010 at the Union Building and endorsed the proposed merger of the ZNFU Dairy Commodity Committee and the Zambia Dairy Processors Association (ZDPA) following a request by the latter. Subject to the Council endorsement and further discussions with ZDPA, the Dairy Commodity Committee is expected to transform itself into a “Dairy Association of Zambia”

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Zambia Coffee Exports Come to a Close

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The coffee export sales are coming to a close for the 2009 season with the exported total reaching 1,593 Mts. This was slightly above the projection of green (clean) bean coffee and was sold at an average price of USD3, 352.94/Mt. as opposed to the 2008 season average price of USD2, 635.93/Mt. The weighted differential was US cents +25.97/Ib as opposed to the 2008 season weighted differential of US cents +5.60/Ib.

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Land Matters

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Government has continued to assure the Union that soon a new Statutory Instrument revoking the SI No: 110, which sought to increase the land rates by nearly 1000% will be officially issued. Government has appealed to the Union and its membership to remain calm while the administrative arrangements are being worked on. In the meantime, the Union is advising all its members not pay the new rates.

 

 

Zambia Records Trade Surplus

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Zambia recorded a Trade surplus valued at K316.3 billion in January 2010. The major export product in January 2010 were from intermediate goods category accounting for 83.1% comprising mainly copper cathodes & sections of refined copper; plates, wire and sheets of refined copper and articles. Raw materials were second with 11.1% comprising mainly copper ores & concentrate and cobalt ores & concentrates.

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