Fri, 17 Feb 2017 09:34:56 +0000 By BUUMBA CHIMBULU THE implementation of Statutory Instrument (SI) 76 which restricts movement of business and private vehicles at night has slowed down the economy and may damage the projected economic growth for 2017, says Professor Oliver Saasa. Prof Saasa, an international economist, explained in an interview that the SI 76 would adversely affect the 2017 economic growth projected by Government as it had gravely disrupted the country’s economy. Prof Saasa was reacting to a call by the Zambia Chamber of Mines for Government to immediately consider lifting the ban on local and international trucks carrying vital mining supplies to move at night because it had seriously disrupted production on the mines, leading to untold economic consequences. “This is an unfortunate development that only tries to address a tiny fraction of a much larger and sophisticated problem and to the extent that it slows down economic activities. “It […]
