‘Retain investor confidence’
Published On May 10, 2016 » 1413 Views» By Bennet Simbeye » Business, Stories
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By JUDITH NAMUTOWE –

THE Private Sector Development Association (PSDA) has called on politicians to market Zambia and give confidence to investors during campaigns for the August 11 general elections.
PSDA chairperson Yusuf Dodia said there was need for politicians to market Zambia and give confidence to both local and foreign investors as the country heads for the general elections this year.
Mr Dodia said politicians should market themselves on the basis of running Zambia and improving the country’s economy as opposed to frightening investors.
“As an association, our appeal to politicians is for them to market the country and give local and foreign investors confidence.
“Politicians need to instill investor confidence because they are the managers and are the ones that are controlling the mood of the economy. So they need to market themselves on the basis of running Zambia and improving the economy,” Mr Dodia said.
He said politicians should exhibit enough maturity, focus on issues and how best they would improve the economy and not create alarm as that would impact negatively on the economy.
He expressed hope that Zambia’s annual inflation rate would slow down in next six months.
“We have noticed that the country’s inflation has reduced slightly and we hope that it will continue to slow down further during this period,” he said.

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