Mon, 22 May 2017 13:06:39 +0000 By Sycorax Tiyese When some people and some opposition leaders say that Zambia’s poverty levels are growing, reflecting on what is happening both in rural and urban areas, one wonders how honest, objective and accurate such statements are. Finance minister, Felix Mutati has on several occasions stated that the national economy is heading for sustainable growth. Such statements can be proved by high foreign direct investments flowing into our country almost every quarter of a year. Increasing support from Zambia’s co-operating partners such as USAID, British government, Chinese government, Swedish Co-operative Centre and many others to various sectors of the economy prove that what Hon. Mutati says is true. As a result, it is reported that inflation rate is now at single digit; and the Zambian Kwacha has sustained its exchange rate with the United State dollar to less than K10 for more than six months now. While such […]
