Zambia’s economic future bright – ZACCI

ZAMBIA has the resilience to overcome the current economic challenges due to its robustness, says the Zambia Chamber of Commerce and Industry (ZACCI). ZACCI board member Laurian Haangala said Zambia, like any other African country, faces many challenges but its robust economy helped the country to overcome the economic downturn. He was speaking at the Botswana Investment Centre (BIC) breakfast meeting in Lusaka. “Zambia like any other African country is facing many challenges but I am glad to note that we have the resilience and we have the robustness of our economy to overcome the ravages of the economic downturn that recently took over in our country, but we are rising above all the challenges going forward,” he said. Mr Haangala also said there was need for more trade between Zambia and Botswana to support suppliers from both countries. “Having said that, Botswana is our neighbour and there is need to see more of trade between Zambia and Botswana. We should not be trading more with people that are far away but within ourselves,” he said. Speaking earlier, Botswana High Commissioner to Zambia, Lebonaamang Mokalake, observed the need to improve trade between the two countries. Mr Mokalake said Botswana manufacturing companies and the investment and trade centre in that country had been participating in Zambian business exhibitions, international trade fair and other business promotions in Zambia. He said the investment forum provided buyers and sellers an opportunity to know where goods were or where they could find their suppliers. “The presence of at least six companies from Botswana gives us an opportunity to mingle and know where to find our market suppliers. The presence of Zambian companies here signifies a great appreciation and willingness to unlock the trade potential between the suppliers and buyers from both countries,” he said. Zambian companies present at the forum included Livestock Services and Cooperative Society, Finca, MK Trading and SPM Investment Trading, among others.