A Kitwe based economist says the agreement by the Zambian government to deploy about 500 teachers to Madagascar at the request of that country’s president will help Zambia increase its foreign exchange earnings base.
Speaking in an interview with ZANIS in Kitwe yesterday, Matthews Muyembe said deploying teachers to Madagascar will help earn forex as those teachers will be investing back home.
Mr. Muyembe noted that the development will also help cushion the weakening Kwacha against major exchange currencies.
He said economies do not only trade in commodities but also invest in human capital through initiatives such as deploying teachers and others professionals to other countries as a way of earning revenue.
Mr. Muyembe said government spends a lot of money on training teachers unlike other disciplines hence it was imperative that the state undertake such commercial activities and bilateral agreements that will plough back what was spend on the education sector.
He noted that the move was also an opportunity for the teachers who will be deployed to gain experience and foreign exposure for them to come back with new lessons which could be implemented in Zambia when they return.
He further stated that the move will promote regional integration as well as creating employment for the teachers that have not been recruited by government.
Mr. Muyembe has since urged government to continue taking keen interest in such investments which he said enhance economic growth.
After a bilateral meeting with the new President of Madagascar Andre Rajoelina last week, President Edgar Lungu disclosed that the leadership in that country has been requesting for 500 teachers from Zambia since the time of late President Levy Mwanawasa.
Recently, Minister of General Education David Mabumba disclosed that government was ready to send 500 teachers of English to Madagascar following the request by Mr. Rajoerina.
Mr. Mabumba said the ministry is putting everything in place to make the deployment of the teachers possible.