Financial Analyst Maambo Hamaundu urges government to come up with proper strategies that will ensure sustainable operationalization of the Mulungushi Textiles

Written by on July 4, 2021

Financial Analyst Maambo Hamaundu says there is need for government to come up with proper strategies that will ensure sustainable operationalization  of the Mulungushi Textiles.

Following the injection of K14 million into the Zambia-China Mulungushi Textiles to boost operations, Mr Hamaundu says the facility has been commissioned so many and it is hoped this time around, there is a deliberate achievable plan put in place.

Mr Hamaundu says there is great need to operationalize the textile factory owing to the monies invested into it, which as a result would transform the livelihood of the people.

The governments of Zambia and China have injected K10 million and K4.5 million respectively into Zambia-China Mulungushi Textiles Limited aimed at supporting operations of the ginnery.


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