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$400 Million gives birth to Investments by the Zambia Development Agency from twenty-two Businesses in the Primary Quarter of 2020 and have Stabilized 600 jobs from the Actualized Ventures
Posted On 26 Sep 2020
By Abdul Rahman Bangura–
Photo Credit: Shetrades
NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– Going further, the Zambia Development Agency (ZDA) retains enterprises of over $400 million dollars from twenty-two corporations in the introductory domain of 2020.
The Interim Board Chairperson of the Zambia Development Agency – David Masupa asserts from the actualized enterprises, 6,000 jobs have been generated. This is described in relation to 2019 when 3,000 jobs were established with actualized venture of 414.9 million dollars. The Interim Chairperson – Reverend Masupa lets out the agency with its cooperating partners, will proceed to promote economic zones development and publicity of trade across the nation. He furtherance, he bade to the administration of Zambia to expedite the regulation of the Zambia Development Agency Bill as it will enable the agency to blow up its law effectively.
The Acting Board Chairperson of ZDA – Reverend Masupa was talking during the unveiling of the ZDA emblem and current strategic fixation in Lusaka on September 23rd, 2020. Christopher Yaluma – Commerce, Trade and Industry Minister affirmed, the administration of Zambia endures devoted to developing a facilitative and active job environment that will bolster the expansion of businesses and growing investment trade in the nation.
Be added that, the administration of Zambia will proceed to aid the ZDA in executing its statute of providing to economic development of the government through trade facilitation. And that, the new insignia will encourage the agency to be similarly susceptible to the financial dynamics and the development desires of the government.
For New Africa Business News (NABN) Abdul Rahman Bangura Reports, Africa Correspondent
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Zambia I hope is not another bad deal for your people. Thank for the report. Abuja Nigeria. Grace
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In the Continent, people are trying to process, why Zambia is letting China to begin Colonizing them. Nairobi. Visola
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Zambia’s deal with China is an other unbelievable dump deals. Failure all the way. Addis Ababa Ethiopia. Mandisa
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Thank you for the email. I also could not believe, government of Zambia, with it current administration, gave China it’s international airport. Unbelievable. This never happen in modern history. Buea Cameroon. Monique
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Thank you for reporting. Very sad, Chinese taking over Zambia’s airport, electricity company, national broadcasting network and major road projects owing to failure to repay loans worth about $9 Billion. How can a government of the people gave all that’s important for a Country to a foreign Country. Shame! Randy in Maun Botswana
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Zambia is losing it all, due to their lazy government. Our African leaders need to know only lazy Presidents go and beg for loans that will never and ever benefit it’s people. Thank you for the report. Cape town South Africa. Andrew
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I know, Zambia needs a new Leadership. The current government in our country failed us all. Lusaka Zambia. Simon
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As far as am concern. Government of Zambia failed and continue failing it’s people. How can any government let China come and take all what they have. Nzega Tanzania. Irena
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