ZDA issues investment licences worth $50 billion

MARY LEMBA
Ndola

ZAMBIA Development Agency (ZDA) has in the past three years issued investment licences to a tune of US$50 billion, which are at different stages of actualisation.
ZDA director-general Albert Halwampa says the country has recorded an unprecedented number of investors accessing investment licences from the agency.
Speaking during a visit to Bibagry Zambia Limited (BZL) in Kitwe, Mr Halwampa said President Hakainde Hichilema’s administration’s consistent and stable policies have resulted in stability in the business environment.
This is contained in a statement issued by ZDA head of communications and public relations Kwali Mfuni.
“The President [Hichilema], playing the role of chief trade and investment officer, has led to the country experiencing increased investment inflows and actualisation rates.
“The US$50 billion worth of investment licences issued is based on real statistics and BZL is one of those statistics,” he said…https://enews.daily-mail.co.zm/welcome/home