Zambia has registered a 419 million U.S dollar increase in new equity investment inflows.
The 2009 equity investment inflow is higher than 131 million U.S dollars registered in 2007.
This is according to phase three of the Foreign Private Capital survey for 2010.
Bank of Zambia Governor Caleb Fundanga says the substantial increase in investment inflows is largely due to the favourable investment climate that Zambia has put in place.
Dr. Fundanga however says the overall foreign direct investment inflows declined in 2009, due to low profits recorded by enterprises.
The Governor was speaking at the dissemination workshop on Foreign Private Investment and investor perception survey in Lusaka today, Thursday.
At the same function, Macro-economic and Financial Management Institute of Southern Africa Ellias Ngalande said his firm will continue conducting foreign private capital surveys.
Dr. Ngalande says surveys will assist in assessing the level of investment inflows coming to Zambia.
ZNBC
That is development, keep it up mother Zambia
Good news.
Consolidate guys thats the way to go,economic growth will be above 10 in this year after elections provided will be smooth,and i hope they will as mother zambia piece ni zee.Cheers!
This is suffocating the serpent who in this day and age calls investors as ‘inFestors’.
this is good…………but we need to translate these gains in social progress not just economic
Go, Sata go! Sata for President!
6// This has nothing to do with Sata. Give credit where it belongs and learn to be objective. Sata is not in government yet. This is Banda’s achievement. Congratulate RB even if you hate him.
No 7 those are wise words. i hope in the future more and more bloggers will act with the spirit you advised