COMERCE Minister, Margaret Mwanakatwe, speaking during the first Eastern Province Symposium on development held at Protea Hotel in Chipata on Thursday. On her right is Luapula Province Minister, Nixon Chilangwa and on her left are Eastern Province Minister, Makebi Zulu and Agicultural Minister, Dora Siliya. PICTURE BY STEPHEN MUKOBEKO/ZANIS
FILE: COMERCE Minister, Margaret Mwanakatwe, speaking during the first Eastern Province Symposium on development held at Protea Hotel in Chipata on Thursday. On her right is Luapula Province Minister, Nixon Chilangwa and on her left are Eastern Province Minister, Makebi Zulu and Agicultural Minister, Dora Siliya. PICTURE BY STEPHEN MUKOBEKO/ZANIS
MINISTER of Commerce, Trade and Industry Margaret Mwanakatwe says Zambia’s economic outlook is positive with the gross domestic product growth expected to be above three percent.

And Mrs Mwanakatwe says the country’s inflation rate will continue in single digit.

She said this when she addressed several Moroccan businessmen who are in the country to attend the first-ever Zambia-Morocco business forum.

“Zambia continues to remain a democracy which we believe is a plus for our investment climate. While the economy is moving towards diversification from mining, a lot of opportunities are available in production of engineering and high-tech products, energy, including oil exploration, agriculture and agro-processing,” she said.

Mrs Mwanakatwe said opportunities also exist in tourism, information and communication technology, infrastructure development, manufacturing and education.

“In order to harness these opportunities, Government, through my ministry, has developed multi-facility economic zones (MFEZ) and industrial parks,” she said.

She, however, said the forum is an opportunity to enhance business between Zambia and Morocco.

“Although trade volumes between Zambia and Morocco have been extremely low, there has been a slight increase from US$ 7.7 million in 2015 to US$ 8.5 million in 2016,” she said.

And speaking at the same function, General Confederation of Moroccan Enterprises representative Miriem Bensalah-Chaqroun said the delegation of businessmen is here to build bridges with local investors and explore other opportunities.

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10 COMMENTS

  1. These people didn’t come here for business, this is just for the press as a cover up. They came to confront your indecisive leader on why he met with the Polisario front leader who is fighting for independence from them. Moroccans look at you like monkeys. Which Moroccan is going to do business with you?

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    • In what capacity is Margaret Mwanakatwe telling~”Moroccan businessmen that Zambia’s economic outlook is positive” when she is NOT an MP or cabinet minister?
      Mwanakatwe & Luo’s parliamentary seats have been nullified by the courts & the duo should refrain from masquerading as ministers or MPs. There actions are fraudulently illegal & the speaker must not entertain these two arrogant bandits of PF.
      The economy under PF of visionless Lungu is in derailment due to lack of vision by the incompetent PF bandits.
      Mwanakatwe whose seat is nullified should respect the constitution, courts & electoral rules.
      The Skeleton Key
      ~206~

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    • Get your facts right. Racism is every where and Moroccans are no exceptions,
      You are either a winner or a whinger.

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    • Read history before you talk about western sahara. It has never been a country. The polisario front was created by the algerian army to have access to the Atlantic Ocean and has wasted more than 800M USD during 42 years for that while algerians are dying to in the Mediteranean sea to get to Europe. Wake up! The algerian regime is the enemy of the algerian people itself. Dakhla, Tantan and Laayoune are much better than any algerian city. More, can you tell me since when the nomadic arabs have a piece of land in the Amazigh North Africa? Read history, bro!

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  2. Indeed I agree with lombe above me. Also they came to take advantage of easy women like this silly mwanakatwe. I find it hard to believe that even after her history of stealing loans and not paying back she is now a minister. Her election is illegal and yet somehow lungu saw her fit to be minister. Am sure lungu sees something else fit in between her legs. Zambia is lost

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  3. Magret Mwanakatwe does not know what a Constitutional Democracy is and means. The 2016 Zambian Elections remain disputed and the Petition against the Election of ECL remain unheard, determined and disposed off. Lungu is an illegitimate President becoz he was not democratically, lawfully and Constitutionally elected. Lungu stole elections, blocked the Petition and proceeded to inaugurate himself back in power. Lungu effectively carried out a coup on the Zambian Constitution. Magret herself lost her MP seat and is illegally and unconstitutionally clinging on to her Ministerial Post. So how is Zambia a Democracy? What a stupid comment from an illegitimate and illegal Minister without Commerce and Industry.

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  4. Margret has no moral or legal authority to speak about anything her whole life is shrouded in falsehood. Her marriage is a farce she illegally one an election and she is can only be Minister if she is an MP which she is not. Its time to enforce the ruling of the court and drag her, her appointing authority and the speaker to court to be guided on how she is speaking to these business men if not looking for what she knows best since she holds two diplomatic passports which is questionable in itself

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    • And she has no shame for no paying back CEEC funds, she wouldnt know positive economic outlook if it stole her red handbag.

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  5. Government full of rhetoric. People’s lives are as stagnant as ever. Positive outlook kwisa? Neither the ruling party nor the opposition can bring this country to life. The British must come in,the only practical solution for this country

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