Friday, March 29, 2024

2019 to record 4.6 percent GDP – Yaluma

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Government has projected a 4.6 percent economic growth for the country in 2019 from the 3.4 percent recorded in 2018.

Minister of Commerce, Trade and Industry Christopher Yaluma noted that the expected growth will be achieved through partnerships with stakeholders such as the American Chamber of Commerce.

Mr Yaluma was speaking in Lusaka today, at the American Chamber of Commerce event.

Mr Yaluma, also said, government will work with different chambers of commerce to ensure that the business environment is conducive.

The Commerce Minister has therefore called on the American Chamber of Commerce to provide advice on the alternative policy measures that could be embraced to improve the business environment in the country.

And American Chamber of Commerce President Ferdinand Zaumu, said the meeting has been held to look at the 2019 economic outlook.

Mr Zaumu said the outlook is meant to help traders who are engaged in imports and exports to understand what is expected in the year as they conduct their businesses.

He said the Zambian economy has recorded some steady growth in the recent years and is projected to grow further.

He noted that the local currency, has also posted some steady improvement compared to last year September.

7 COMMENTS

  1. Zambian LEADERS shuwa mwe ati:

    “The Commerce Minister has therefore called on the American Chamber of Commerce to provide advice on the alternative policy measures that could be embraced to improve the business environment in the country.”

    You are that clueless? Go get another job, daddy! American chamber of commerce to help you grow your economy? Guys, ang ah! What do the people at the ministry do? They wrote that speech for you?

  2. Please Yaluma fcuk off and take that dancing clown in statehouse with you please. I say this with the utmost respect.

  3. Minister of Commerce, Trade and Industry Christopher Yaluma noted that the expected growth will be achieved through partnerships with stakeholders such as the American Chamber of Commerce.

    Economic growth is archived by the citizens being in employment . bone head

  4. Nonsense low figures Bwana Yaluma. Tanzania is growing at 6.8% ,Kenya is doing 6.1% ,Rwanda is galloping ahead at 8.2% ,Ghana its 8.4%
    Why do we have to accept GRZ mediocrity as good or low average figures as something to celebrate?

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