The Cotton Board of Zambia – CBZ Senior Cotton Inspector, Derrick Sichilima, has stated that the cotton sector needs an estimated K13 million to be revamped and upscale productions amid plans to reopen Mulungushi Textiles.
Speaking exclusively to the Zambian Business Times (ZBT), Sichilima explained, “We need about K13 million, but we have only received K3.2 million. To revamp the sector, especially with the reopening of Mulungushi Textiles, we need to collaborate with such institutions and fulfill our duties as regulators. Without adequate resources, it becomes difficult for us to operate effectively.”
He further highlighted that, despite the Ministry of Agriculture receiving significant funding, the cotton sector has not benefited fully.
“Most of the funds are directed towards social security, drought impact relief, and the Food Reserve Agency (FRA), leaving us without the support we need,” Sichilima stated.
He expressed concern that the limited funds are hampering the sector’s progress, adding, “We wish we had received a substantial allocation to help the industry, which is currently limping.”
“We need about 13 Million, but we have only received about 3.2 Million. if we have to revamp the sector, you know as a regulator, and with the coming in of Mulungushi Textiles there, we need to work together with that institution and do what we are supposed to do as regulators and advise, or give direction on how to go about this sector, now you know if we do not have resources it is difficult for us to operate.” He said
“The Ministry of Agriculture has received a huge amount, but if you look at where that amount is targeted, it’s targeted to social security issues and also the impact of the drought as well as to FRA, that’s where the chunk of resources he as gone, so for us as a cotton board we have not benefitted.” He stated.
