Government has reiterated it’s commitment to protect genuine investors from unscrupulous people that want to destroy viable businesses through the sale of counterfeit products.
Lusaka Province Minister Lameck Mangani said government will protect investors from unscrupulous business who want to profit from counterfeit products.
He said counterfeit products can ruin the economy if left unchecked as culprits deprive the genuine company owners of the much needed profits.
The Minister further stressed , the products have negative effect not only on the economy but also on the users.
Mr. Mangani was speaking when a three member delegation led by a South Africa based Lasher Tools company Export Manager Niel Walker paid a courtesy call on him at his office.
Mr. Mangani said Zambia remains a preferred investment destination in Africa despite the prevailing global financial crisis.
He stated government has put in place good policies which have made the country attractive to foreign investment.
Speaking earlier, Mr. Walker commended government for demonstrating commitment in the fight against counterfeit products.
He pledged his company’s continued investment in Zambia .
Lasher tools which has been operating in Zambia for the past 30 years is the manufacturer of wheelbarrows , shovels, rakes and grass slashers.