Monthly Archives: August 2017

Finance Minister Felix Mutati Assures Investors in S.A on Zambia’s Economic Environment Stability.

Pretoria – Monday 21st August , 2017
Finance Minister Felix Mutati has assured the investor community in South Africa that Zambia’s Economic Environment has stabilised following the consistent economic policies.
Mr. Mutati says the economic trajectory for Zambia was positive and growing stronger as the country was enjoying entrenched democracy and political stability.
He was speaking at the infrastructure Africa Business Forum held at the Convention Centre in Sandton South Africa attended by that country’s Commerce Minister Rob Davies and several investors from both within and outside South Africa.
Mr. Mutati said Zambia’s micro economic fundamentals were going in the right direction as inflation was low and exchange rate stable.
He observed that good governance and policy consistent has been the hall mark of Zambia’s economic gains so far.
Mr. Mutati expressed gratitude to the South African investors for investing over one billion dollars in various sectors of Zambian economy so far this year, adding that Zambia was now a preferred investment destination in Africa
And Mr. Mutati has urged on African governments to prioritise infrastructure development to enable Africa compete effectively at the international level
He observed that Africa’s competitiveness was being eroded as freight costs were as high as 200 per cent in most countries
Mr. Mutati said there was need for innovative financing and better use of the existing infrastructure as key to handling infrastructure deficit that Africa was grappling with.
He appealed to the private sector to partner with governments to introduce new technologies that would help in bridging the infrastructure gap
Mrs. Naomi Nyawali
First Secretary Press and Public Relations.
Zambia’s High Commission to South Africa.
Email kayulachulu@yahoo.com
press@zambiapretoria.net
Tell: +27(0)12326-1847/97
FAX: +27 (0)12326-2140

ZAMBIA AND OTHERS A ROLE MODEL OF DEMOCRACY-SADC EXECUTIVE SECRETARY Dr. TAX

Pretoria- Tuesday 15th August 2017

Zambia has been praised by the Southern Africa Development Community(SADC) for growth in its Democracy.

Speaking during the official opening of the SADC Council of Ministers, SADC Executive Secretary Dr. Stergomena Lawrence Tax praised Zambia and others that recently held national elections for holding credible, peaceful and free and fair elections.

She said Zambia, Lesotho and Seychelles held elections that were monitored by international observers including SADC and that the elections were held in a free and fair atmosphere.

“We are proud of the region. Zambia, Lesotho and Seychelles held very successful and credible elections. We congratulate the governments of Zambia, Lesotho and Seychelles for this growth in Democracy”.

Zambia is represented by Minister of National Planning Development Hon. Lucky Mulusa, Minister of Commerce and Industry, Hon. Margaret Mwanakatwe and Minister of Foreign Affairs, Hon. Harry Kalaba.

The technical team is led by Permanent Secretaries Mrs. Kayula Siame and Lombe Chalwe.

Since the meeting opened on 10th August 2017, critical issues related to sectors of Energy, Disaster preparedness, Agriculture development, climate change, regional cooperation, banking and financial matters, quest to honour founding fathers, anti-poaching strategies and other matters that should promote peace, security, trade and investment and regional integration in the region
President Edgar Lungu is expected to arrive in Pretoria on Friday 18th August 2017 to attend the Heads of State Summit Meeting.

South Africa and President Jacob Zuma will take over the SADC 2017-2018 Chairmanship while President Edgar Lungu will take over the critical organ of Defense and Security.

SPEAKER COUNSELS MPS ON DEVELOPMENT DEBATE

Pretoria – Thursday 10th August, 2017
Speaker of the National Assembly Patrick Matibini says Youths are an integral part of African development agenda.
Dr. Matibini says African countries should ensure that youths are brought into the mainstream of the socio -economic development plans.

He was speaking on the sidelines of the Annual Conference of Speakers of Parliament and meeting of the Pan-African Secretaries -General Association held in Midrand , South Africa.

Dr. Matibini said African countries need to emphasis the importance of Youths in political and socio-economic planning as they constitute a large sector of the African population.

He has since called on Zambian Parliamentarians to factor social, political and economic issues as they debate matters of national development in consideration of demographic dividends.
Dr. Matibini added that youths were an important demographic that could not be in the context of national development.
He further observed that the Annual Conference of Speakers of Parliaments provided a platform that consolidated democratic governance and promotion of socio-economic development affecting the African continent.
The Speaker is accompanied by chief Wip Hon Richard Musukwa Hon Anthony Mumba Joe Malanji and Hon Margaret Miti

Mrs. Naomi Nyawali
First Secretary Press and Public Relations.
Zambia’s High Commission to South Africa.
Email kayulachulu@yahoo.com
press@zambiapretoria.net
Tell : +27(0)12326-1847/97
FAX : +27 (0)12326-2140