Copperbelt Province Permanent Secretary Haward Sikwela being shown the products by Shoprite Director Charles Bota at Chingola Shoping Mall.
Copperbelt Province Deputy Permanent Secretary, Elias Kamanga, says the Zambian economy is set to rebound following the interventions that government has introduced.

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.

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11 COMMENTS

  1. Oh, come on, that assurace is coming from a Provincial deputy permanent secretary? Would have made sense if it was coming from a deputy PS at the ministry of finance

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    • What measures? What interventions? This is typical wishy-washy comments from PF because they have no idea what is causing current problems. They are just going for filaisova magic.

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  2. Ati ” the number of foreign exhibitors who came to show case their goods and services shows the economy will rebound…..”

    Is there anyone in PF who thinks normally?? Does this kaponya not know those forigne goods and services he is proud about are hemorrhaging our country with all profits leaving Zambia ???.

    It is clear to see why PF have grounded our economy.

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  3. Look at this fool! Is that how a fallen economy will rebound?By depending on investors to still trust Zambia.Are you day dreaming.Talking of investor’s trust means more Loans again.Is this rebounding or you just adding more nkongole to the Eurobond.And you not stating what measures exactly government has put but just bluffing.bwetu bwetu bwetu bwetu! Who interviews these people kanshi into such high positions for them to be talking crap like this?People,lets take governancy serious ka!Its PF cadres in all government institutions,no one ever sounds to be sober.They all sound like Ba Katondo street.

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  4. The man is nicely dressed in a suit and tie,but hear the crap that vomits out his dirty mouth.

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  5. This kamanga chap does not know anything. Rebound like how? My foot! Just eat your last monies and get out.

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