Government says it remains committed to ensuring that its diaspora policy comes fruition to enhance foreign investment and economic growth.
Minister of foreign Affairs Joseph Malanji says government’s diaspora policy , launched by Vice President Inonge Wina in April this year , is broadening the trade base between Zambia and other countries demonstrated by the participation of Zambians abroad in national development.
Mr Malanji says the country is exploring other avenues of economic growth through the hosting of Annual Corporate and Diplomats’ Gala Dinner.
ZANIS reports that the minister said this in Lusaka last evening when he officiated at the 2019 4th Annual Corporates and Diplomats Gala Dinner.
“The purpose of this 4th gala dinner is to interact and explore possible avenues for economic growth in line with the 7NDP and vision 2030.
“ In the wake of hash effects of climate change, we remain committed to cushioning the impact of climate change by working hand in hand with the private sector as this calls for the concerted efforts,” he said.
Mr. Malanji pointed out that government is cognizant of the role that the private sector plays in spurring economic growth by conducting vital research, provision of goods and services and other key areas of the economy.
Meanwhile, Barclays Bank Chief Executive Officer Mizinga Melu said her firm has in the recent years invested US$7 billion in various sectors of the country’s economy.
Ms Melu underscored that K70 million has been invested in enhancement of technology and K17 million was invested in various community activities in the country.
She said as the bank rebrands from Barclays to ABSA next year, it will remain determined in supplementing government’s developmental efforts.
The Annual Corporates and Diplomats Gala Dinner was the 4th since its launch in 2016 and was attended by numerous diplomats accredited to Zambia.