WEEKLY ECONOMIC RECAP 37TH EDITION

1.???? IDC commissions K86.5 million cassava plant

The Industrial Development Corporation (IDC) has commissioned an K86.5 million cassava processing facility in Chitambo, Central Province, the first of its kind in the country.https://x.com/zadama24/status/1837122240833315326?s=46

2.???? Fertiliser distribution starts this week

The country-wide distribution of fertiliser under the Farmer Input Support Programme (FISP) for the 2024/25 farming season will start this week. Minister of Agriculture Rueben Mtolo says FISP beneficiaries are currently being asked to make their K400 deposits at the banks. https://x.com/zadama24/status/1835965300577116241?s=46

3.???? More equipment coming

Kabwe District Commissioner Lennox Shimwambwa has announced that 400 trucks carrying equipment for the operationalisation of Zambia-China Mulungushi Textiles in Kabwe are expected to arrive in the country by the end of this year. https://x.com/zadama24/status/1835989645823201419?s=46

4.???? Crop economic zones coming?

President Hakainde Hichilema says Government will declare some parts of the country as crop economic zones to boost agricultural productivity.?

He said the Lamba-Lima area will be one of the regions to be declared as crop economic zones. https://x.com/zadama24/status/1835957274705117688?s=46?

5.???? FNB partners with IVF

First National Bank (FNB) Zambia has announced a new partnership with Lusaka In-Vitro Fertilisation (IVF) and Fertility Clinic, offering the bank’s customers a 10 percent discount on a broad range of services, including maternity, gynaecology, and fertility treatments. https://x.com/zadama24/status/1834509576881713454?s=46

Written By: Naomi Bukasa & Robson Kofi