.gif "Cash Connect")
Zambia’s textile sector output rises 3.5% in 2012
FMCG SUPPLIER NEWS
Fibre2Fashion.com - May 9th, 11:57
The output of textile, clothing and leather sub-sector of the Zambian industry increased marginally by 3.5 percent year-on-year in 2012, according to the Central Statistical Office (CSO).
In 2011, the textile, apparel and leather production in Zambia had declined by a substantial 54.7 percent year-on-year.
In the latest CSO monthly bulletin, CSO director John Kalumbi attributed the marginal rise in output to an increase in production of blankets and cotton processing activity.
However, the 3.5 percent year-on-year increase in Zambian textile, garment and leather sub-sector production was lower than the six percent year-on-year growth observed in 2012 for the entire industrial sector.
Earlier in January this year, Indian High Commissioner to Zambia Mr. Ashok Kumar had urged Zambians to take advantage of India’s expertise in textile sector to develop the Zambian textile industry.
Related News
Manufacturers’ sentiment index jumps to 36,61 in third quarter, Namibia
23/10/2013 - 10:12
The manufacturers’ sentiment index jumped to 36,61 in the third quarter of this year from the -14,89 recorded at the end of the previous quarter, Simonis Storm Securities (SSS) said in a report released earlier this month.
Shoprite operating normally, license intact - minister, Zambia
22/10/2013 - 09:30
Minister of Labour and Social Security, Fackson Shamenda, says Shoprite is operating normally and its operating licence is still in force.
UNZA shopping mall to cost K248m. Zambia
22/10/2013 - 09:06
The construction of a shopping mall to be the property of the University of Zambia (UNZA) Great East Road campus will cost K248 million.
Glassmaker expands in Africa to boost revenue, Kenya
16/10/2013 - 11:38
East Africa Glassware Mart plans to double its revenue to $34 million (Sh2.9 billion) by opening in 10 new markets within Africa over the next three years.
Dunavant diversifies to buying maize, soya beans, Zambia
16/10/2013 - 11:30
NWK Agri-services, formerly Dunavant Zambia, has diversified its commodity buying opportunities from cotton to soya beans and maize.
