President Hakainde Hichilema says his administration has restored investor confidence in Zambia’s economy, attracting over US$12 billion in mining investments since taking office.
Speaking during the 2026 Presidential Delivery Unit National Delivery Day at the Mulungushi International Conference Centre, President Hichilema said his government inherited a struggling economy but has since put it back on a path to recovery through key reforms.
The President noted that the value of ZCCM-IH has grown significantly, rising from about US$300 million to over US$1 billion.
He also called for support towards Copperbelt Energy Corporation to enhance its tax contributions, which he said are critical in financing social programmes such as free education.
President Hichilema added that efforts are underway to strengthen the financial position of ZESCO as part of broader economic reforms.
He further urged the Zambia Statistics Agency to ensure timely and accurate updates of key economic indicators, including Gross Domestic Product (GDP), to support informed decision-making.
The Head of State also called on the civil service to fully embrace the government’s development agenda, emphasising the importance of cost efficiency, quality work and timely delivery of public services.
What are we going to sing about when all minerals have been allocated
Path to recovery? Path which can only be seen from up in the sky in the presidential jet.
Meanwhile, the man walking the streets of George compound can’t find cheap mealie meal