Thursday 5 November 2015

NON-RENEWAL OF MOFED CLEARING LICENSE WORRIES ENVOY

Zambia High Commissioner to Tanzania Judith Kapijimpanga has expressed concern over the non-renewal of a clearing and forwarding licence for the Zambian
Mrs Judith K K Kapijimpanga, High Commissioner
of the Republic of Zambia
government owned clearing firm MOFED clearing. 

MOFED, which is an abbreviation for Ministry of Finance and Economic Development, is the defunct Zamcargo clearing company.

Speaking to journalists, Mrs. Kapijimpanga said the Tanzania Revenue Authority has been giving MOFED piece-meal operating licenses.

The High Commissioner pointed out that Zambia is losing out on revenue because of the non-issuance of an operating license to MOFED.

Mrs. Kapijimpanga said she will seek the intervention of President Edgar Lungu to ensure that MOFED is licensed to operate on a full basis.

She said once MOFED is issued with the licence, Zambia stands to gain from increased revenue through clearing of goods.

She further said MOFED is well placed to handle clearing activities for Zambia's copper and timber products.

Mrs. Kapijimpanga noted that 70 per cent of goods coming through Dar es Salaam port are destined for Zambia. 

She further said she will lobby government to join the East and Central African community in order to access and benefit from the regional grouping's trade agreements and business opportunities. 

Mrs. Kapijimpanga also disclosed that Zambian transporters are slowly being allowed to enter the lucrative goods and passenger transport in that country.

She said Wada Chovu has since been granted an operating licence in Tanzania

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