ZAMBIA’S Ambassador to the United States of America (USA), Chibamba Kanyama, has called on Zambians living in the diaspora to leverage the stable macro-economic environment prevailing in the country and the pro-private sector budget to invest back home.
In a statement by the embassy, Mr Kanyama said there is a pool of expertise in the diaspora and several entrepreneurs who can contribute to the economic development of the country.
“Patriotism should drive people living in the diaspora into taking the step to invest back home by leveraging the enabling macro-economic environment that exists, as opposed to waiting for Government to offer them contracts for business,” he said.
He said Zambia has respect for property rights, and a stable macro-economic environment that sets the tone for investments.
Mr Kanyama said this is the time for people living in the diaspora to leverage the rise in economic optimism, following Zambia’s debt restructuring and the pro-private sector budget.
He said this in his opening remarks in Atlanta, Georgia, at the Shifting Mindsets Conference organized by Zambia Leadership Foundation (ZLA) and Association of Zambians in Atlanta.
Mr Kanyama said there is need to recognize the challenges Zambia is facing in trying to revive its economy
He said what is needed are joint ventures with the private sector in taking the necessary actions which would help to develop sustainable alternative livelihoods aimed at creating jobs and reducing demand for illicit goods such as charcoal and bush meat.
Source; daily-mail.co.zm
