President Rupiah Banda has urged the new cabinet to ensure they work towards delivering promises made during the campaign for the October 30th poll.
President Banda expressed confidence that the new team will work to move the country forward adding that cabinet should also remain united in order to achieve its developmental objectives.
Mr. Banda said this when he swore in newly appointed republican vice president George Kunda, who is also Justice minister, ministers and deputy ministers.
Those sworn in included finance and economic planning minister Situmbeko Musokotwane and his deputy Chileshe Kapwepwe, minister of local government and housing Benny Tetamashimba, mines minister Maxwell Mwale and sport, youth and child development minister Kenneth Chipungu.
Others are labour and social security minister Austine Liato, tourism deputy minister Moses Mwangala, sports, youth and child development deputy minister Christopher Kalila, Eastern province minister Isaac Banda, Northwestern province minister Joseph Mulyata.
And speaking to ZANIS after being sworn in Finance and National Planning Minister Situmbeko Musokotwane described his appointment as a challenge.
Mr. Musokotwane said his appointment has come at a time when Zambia is trying to find a solution in order to cushion itself from the global economic crisis.
He said his ministry is also currently preparing the 2009 budget which is aimed at addressing many challenges the country is faced with including sanitation.
And Mr. Musokotwane has said government will devise measures to attract three to four billion US dollars worth of investments into the country annually.
He said the government will continue to provide a favorable environment for investments in order to woo more investors into country adding that there are currently other measures to stimulate economic growth.
The finance minister said government will further continue approaching investors across the globe to bring money into the country for investment in various sectors including infrastructure development.
And Mines Minster Maxwell Mwale disclosed that he had a meeting with chief executive officers of all mining companies in the country to discuss the falling world copper prices.
Mr. Mwale said government will ensure that all the mining continue to operate by dialoguing with the mining companies and considering high cost elements in the industry.
Mr. Mwale has said that government will also actively pursue oil explorations in North Western Province adding that it will also re advertise 16 blocks available for exploration as indicated in the mining act that was recently passed in parliament.
Meanwhile Communications and Transport Minster Dora Siliya has called for measures to overhaul business strategies in Zambia Telecommunications Company (ZAMTEL).
She noted that Zambia’s telecommunication growth has continued to lag behind adding that the recent strikes that rocked the country’s parastatal has led to loss of money.
Ms. Siliya also disclosed that Zamtel is currently owed over 620 US dollars in debts by its clients adding that there is need to revamp the company in order for it to generate wealth for social services.