ZDA PRODS INVESTORS TO DO MORE FOR ZAMBIA
Written by Millennium on August 17, 2019
BUUMBA CHIMBULU writes
INVESTORS already operating in Zambia should be positive about making further investments in the economy as the global market remained highly competitive for limited funds, the Zambia Development Agency (ZDA) board chairperson, Mary Ncube, has said.
Ms Ncube said the global market for investment was highly competitive with most countries competing for limited investment funds.
This, she said, therefore called for positivity about making further investments in the economy by enterprises that were already operating in Zambia.
She was speaking in Lusaka this week at the Zambia’s first ever Investor Symposium held under the theme “Business Climate for Reinvestment.’
“Investment by enterprises both local and foreign has the capacity to enhance national development if it is well directed and structured.
“Reinvestment by local enterprises or those that are already invested in Zambia is an aspect of development that we must equally embrace and encourage if Zambia is to enhance its competitiveness and further develop,” she said.
Ms Ncube also said the symposium theme denoted a desire to encourage reinvestment.
The ZDA, she said, was striving to market the investment and re-investment opportunities that existed within Zambia’s economy through programmes aimed at encouraging new ventures.
“Through this symposium the ZDA wants to hear directly from you how we can partner together and help to encourage reinvestment. We must create a positive environment for business to thrive,” Ms Ncube said.