Tuesday, May 6, 2014
Mt Meru invest US$30 million in the Zambian economy
By MAIMBOLWA MULIKELELA
By MAIMBOLWA MULIKELELA
MOUNT Meru Millers (Z) Limited (MMML) has invested
about US$30 million to establish an edible oil manufacturing in
Katuba, one of the largest factories of its kind in the region.
And the company will procure grains worth US$35
million from the farmers from April to September this year.
MMML managing director Himanshu Shah said the company
pumped in about US$4 million to
setup a high protein cotton seed processing plant for cooking oil, the first-ever
to be constructed in Zambia and the second in the region.
Mr Shah said the company was expanding its refinery
at the cost of about US$ 2.5 million which would enable it to do the
fractionation of crude palm oils.
In an interview in Katuba, Mr Shah said once the
fractionation plant was completed, the company would be able to process the
crude palm oil in Zambia.
Mr Shah said currently, no manufacturing company was
able to process crude palm oil apart from Gourock industries saying once
completed it would be another one of its kind in the country.
“We are expanding our refinery and currently our
refinery can do soya, cotton and sunflower seed oils and now we are expanding
it to do the fractionation of crude palm oil.
Right now we can’t do crude palm oil, it is only Gourock
industries which is a global industry and crude palm oil which is 50 per cent of
the oil consumption of Zambia,” he said.
Mr Shah said MMML was repositioning itself to tap
into the palm oil industry by putting in place a fractionation plant in Zambia.
He said its flagship plant in Katuba was a practical
example of value-addition through agro-
processing.
Mr Shah said from May, 2014 to April 2015 the firm
would crush around 60,000 tonnes of soya beans seeds of which 95 per cent had
already been procured.
“We have plans to crush 15,000 tonnes of cotton seeds
and 5,000 tonnes of sunflower seeds and this is our plan for this year,” he
said.
Mr Shah said this year the company had projected to crush
a total of 80, 000 tonnes of the edible oils.
He said plans are underway to construct 36,000
tonnes storage silos which would be completed in the next 10 months.
“We will be putting up three silos that will carry
up to 36,000 tonnes of soya beans and the foundation process has started which
is expected to be completed in the next 10 months and this will be the biggest
silos in Zambia,” he said.
Mr Shah said it was important to point out that the
company was buying 100 per cent of the cotton and sunflower from the
smallholder farmers and 95 per cent of the soya beans from the commercial
farmers.
“We are currently doing trials in sunflower and our
aim is to promote the production of sunflower in Zambia. We have factories in
Uganda and Tanzania and the plants are running at 100 per cent on sunflower,”
Mr Shah said.
To date, the company has created over 400 jobs for
the local people in Katuba area.
Thursday, September 26, 2013
The Media celebrates 50 years of change in reporting & broadcasting -Zambia
It makes an interesting observation to note how the media has evolved from the colonial times to-date. As we celebrate Zambia's 50th years of it independence, it is important to look at how the media has facilitated the exchange of ideas and opinions in our society.
And moreover the power of social media.
Maimbolwa Kabaso Mulikelela
Wednesday, March 20, 2013
SMEs: An Eye Opener for SME: A must-read
BY MAIMBOLWA MULIKELELA -
ALTHOUGH Governments grab
headlines with huge investments in infrastructure, behind the scenes,
are the many small and medium sized enterprises (SME) which are forming
the backbone of economic development and whose efforts are now being
increasingly recognised.
In Zambia, for example, SMEs
are seen as pivotal to the country’s growth story and as an integral
part of its future economic development.
As well, the Zambian
Government is keen to re-examine the country’s strategy for helping the
Micro, Small and Medium Entrepreneurs (MSMEs) and is considering how
best to do this.
While the Government is
considering alternative approaches, a Zambian entrepreneur and founder
of Diamondale Foundation based in the United States of America (US)
Mathew Mutale has written a book entitled An Eye Opener for Small Medium Enterprise (SME)
The book describes the
different approaches the SMEs could use to develop their organisation
through better marketing strategies and business project management
thereby, raising their productivity, enabling them to invest in human
capital and escape from intergenerational poverty traps.
From the point of view of
the author, the book can be an effective way to target particularly not
only how management process work, but more importantly, on why it works
and also the transitional to support the growth of the SMEs.
Mr Mutale believes the sector constitutes a very important segment of the Zambian economy and other developing countries in the world bearing in mind that while, many Western economies are measuring growth in static or even minus figures, the world’s newest economies continue to power ahead.
Mr Mutale believes the sector constitutes a very important segment of the Zambian economy and other developing countries in the world bearing in mind that while, many Western economies are measuring growth in static or even minus figures, the world’s newest economies continue to power ahead.
It is important to note that
SMEs typically, have flat management structures and unlike large
organisations, do not have hierarchical chains of command.
The book highlights the key strategic areas on how to start a business and implement the project management in an SME
organisation.
organisation.
The book An Eye Opener for SME
is very useful in the sense that an SME in any part of the world could
use the information to start a business and improve on the structural
management which has been a major hindrance to the development of this
important sector.........
Times of Zambia
Times of Zambia
Sunday, August 12, 2012
Strengthen Public Health Laboratories ECSA countries urged
By Maimbolwa Mulikelela
EAST, Central and Southern Africa (ECSA_HC)
countries have been urged to invest in public health Laboratories to strengthen
diagnostic services utilisation in the region.
ECSA has observed that access to reliable
laboratories testing remains limited in the region saying that more investments
must be channelled towards improving public health laboratories.
Public health laboratories are critical component of
global communicable disease detection, prevention and control.
It was pointed out that weak laboratories have
contributed to late detecting of communicable diseases such as Ebola
and other haemorrhagic fevers thereby causing devastating effects on the communities.(....)
CEE Act review underway
By MAMBOLWA MULIKELELA – THE Government has embarked on the review of
the Citizens Economic Empowerment (CEE) mechanism in the country and has
engaged a consultant to appraise the current CEE Act. And the Auditor
General’s Office has concluded the forensic audit on the operations of
the Citizens Economic Empowerment Commission (CEEC) and is expected
[...] TIMES OF ZAMBIA
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