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Zambia attracted more investment in 2015

PRESIDENT LUNGU IN ITEZH ITEZHI

ZAMBIA has attracted more foreign investors last year than any time since the last 14 years.
International companies shrugged off the country’s slowest economic growth in 17 years to buy local businesses and invest in the country.
The rise in takeovers took place even as the Southern African nation faces its worst-ever power crisis that cut output and helped spur inflation to a near 13-year high.
The currency, the Kwacha, has depreciated by 39 percent against the dollar over the past 12 months.
But despite the strong local and international head winds, Investors flocked to the country demonstrating investor confidence in the country.
Matthew Hill, Liezel Hill
Bloomberg

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