Mr Kamanga says even if the Zambian economy has come under stress in the past months, the government has projected a rebound this year due to the measures implemented in the worst hit sectors such as energy and mining.
He says government is confident that the investors still find Zambia to be a haven to invest and believe that there is life in the mining industry on the Copperbelt despite challenges being faced by the sector.
‘’We are confident that our friends still trust in our economy despite the challenges of power deficit and the low copper prices. The economy of the Copperbelt will rebound. The number of foreign exhibitors who have come to showcase their goods and services is a clear sign that the future of the province is bright,’’ Mr Kamanga said.
Mr Kamanga was speaking last night during a cocktail party for exhibitors at the Jubilee Restaurant in the showground sponsored by Lawrence Sikutwa Group of Companies.
He said government is proud of its continued association with the society in its quest to advance commerce and trade in the key sectors.
And Managing Director, Madison Life Insurance Company Zambia Ltd, Agnes Chakonta said the business environment challenges of 2015 manifested in the rapid deterioration of the Kwacha against major currencies that led to losses for the group.
Ms Chakonta said despites the challenges the group has recorded 16 per cent growth in net profits, adding that the company will continue to support the show society because it understands the role the show plays in driving the economic development of the country.
She noted that Madison Financial Services will continue to execute its Corporate Social Responsibility (CSR) agenda and strive to deal with the challenges through innovations.
She commended out going show society Chairman, Bill Osborne, for the important role he has played to make the Copperbelt Agricultural Show Society, one of the most important institutions in the country.