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Tuesday, June 2, 2020

Inonge Wina asks British Investors take advantage of opportunities created the energy crisis

Economy Inonge Wina asks British Investors take advantage of opportunities created the energy...

Vice-President Mrs Inonge Wina addresses Zambians resident in USA at Zambian Mission to the UN in New York on 11 March, 2015. PHOTO | CHIBAULA D. SILWAMBA | ZAMBIA UN MISSION
Vice-President Mrs Inonge Wina addresses Zambians resident in USA at Zambian Mission to the UN in New York on 11 March, 2015. PHOTO | CHIBAULA D. SILWAMBA | ZAMBIA UN MISSION

Vice President, Inonge Wina, has said that government is working to overcome the economic challenges affecting the country. Mrs Wina said that government has already identified sectors, apart from mining, that require investment to propel economic growth.

Speaking when she held bilateral talks with UK Minister for Africa, James Duddridge, the Vice President called on British investors to consider investing in Zambia’s energy sector.

UK Minister for Africa, James Duddridge, urged UK businesses to take advantage of abundant natural resources and peace in Zambia to invest in the country. Mr Duddridge said the energy deficit that Zambia is facing is of concern to government but should be treated as an opportunity for foreign investors to grow their businesses.

Mrs Wina said that British businesses should take advantage of the current energy deficit in Zambia, to identify opportunities to grow their businesses and contribute to Zambia’s development, adding that, like other southern African countries, Zambia is facing an energy deficit which requires the active involvement of both the private and public sectors to address.

Mr Duddridge says the UK government will work to ensure that the strong bilateral relations between the two countries extend to improving economic ties.

Meanwhile, Energy Minister Dora Siliya has said that government is working towards removing stumbling blocks hampering private sector investments in renewable energy.

Ms Siliya said that the PF administration is ready to support private sector led investments in renewable energy sources in a quest to address the power deficit. The Minister has since challenged the private sector to closely work with technocrats in identifying bottlenecks.

Ms Siliya was speaking in Lusaka, at a Stakeholders Consultative meeting on promotion of renewable energy jointly hosted by her Ministry and a local contracting firm, Tomorrow Investments.

The consultative forum attracted scores of investors and energy experts drawn from various parts of the country.

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8 COMMENTS

  1. Mama, go back home, you are too old to be glob trotting and helping to deplete the country’s resources. How do you travel all the way to England amassing a lot of allowances just to go and talk about investments, what is the High Commissioner and his attache’s there for?

  2. Did the whole group travel all the way from Zambia to UK just to talk to the UK Minister for Africa? What other investors are they going to meet?

    • Ba Mayo Ba Inonge actually reminds me of that sorceress in Shaka’s movies……………..Sorry, just a thought.

  3. Mr Duddridge, a smart UK investor could really rake it in! Send Solar Power Panels fit for houses and install house by house in all cities. That way, Zambians stop moaning about outages and some UK investor will be smiling all the way to the bank!

  4. Get rid of the Zambian ambassador and his trade commidoner, they are irrelevant if a hudge delegation from Zambia has to do their work. If this wistfully PF had only sent 2 relevant ministers, maybe. What was the use of inonge???

Comments are closed.

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