Minister of Small and Medium Enterprise Development, Elias Mubanga has commended Capricorn Fertilizer Limited, for producing quality organic local fertilizer at a lower price.
Mr Mubanga noted that the government is committed to empowering such initiatives developed by Zambians, which will help reduce the cost of fertilizer.
He said his ministry was created to empower such innovations so that they scale up their production.
The minister said this today, when he visited Capricorn Fertilizer, an Agro Business company situated in Lusaka West.
He said if such businesses are supported by government, it is evident that there production will be scaled up and in turn help bring down the cost of fertilizer which is currently imported.
And Capricorn Fertilizer Limited Director, Lucky Kangolo said the company needs more finances to be able to produce more organic fertilizer and meet the high demand.
Mr. Kangolo noted that the company which currently produces about 60 tons of fertilizer per day intends to open up a new plant in Kasama, adding that if supported by stakeholders, the company can produce more than this.
He said so far 100 workers have been employed at the Lusaka plant and 60 more are employed at the Ndola plant.
