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Egyptian Investment In Zambia To Increase
Egyptian Ambassador to Zambia Salah Al Sadek says the investment by Egyptian businesses into Zambia is likely to experience an upward trend.
Speaking in an exclusive interview with Qfm, ambassador Sadek said the increase will be attributed to the conducive environment that government has created for foreign investment.
He has further explained that the stance taken by the Patriotic front government in tackling the escalating levels of corruption as built confidence in the Zambian business arena for foreign investors.
Ambassador Sadek has stated that despite his country slowly recovering from the recent revolution that toppled President Hosni Mubarak, the business community in his country is eyeing Zambia as an investment destination.
He has also hailed Zambians for preserving peace and stability stating that stability is a pre-requisite for any country to attract investors.
Posted by
all about football
February 20, 2012 at 10:44 am
thts a gud one,sorry i hv nothin to say jst wantd to say gudmornin zambia…
G.T.N
February 20, 2012 at 10:56 am
But y is it that we oways hv 2wait 4 foreigners 2 com & invest does it mean we can’t c the opotunities ourselves. Am nt against foreign investers bt we cn do som of these things on our own.
TUBONZI MORE
February 20, 2012 at 11:09 am
That is a very good thing for mother Zambia.More jobs,more cash in our pockets.
POLITICAL OBSERVER
February 20, 2012 at 11:10 am
egpt invstment?m malabishi
Matata
February 20, 2012 at 12:38 pm
I hope they will bring meaningful investmet, and not investment that will increase the population of Egyptians in our nation. Our govt must concetrate on empowering many zambians by giving each and every zamb acces to borow money from banks with low rates of paying back, so that we can invest in our natural resources
Malik
February 20, 2012 at 1:35 pm
“As a nation we cannot develop depending on help from outsiders. We have to rise up ourselves and do it for our fatherland” (Adolf Hitler). Nasty man but wise words!
Nchenga
February 20, 2012 at 2:18 pm
I agree with you matata.investment shouldnt only benefit egyptians but as well as zambians.we want our government to make sure these investors follow zambian labour laws.the government should look after zambians employed by these so-called investors.
Tracy Mwanza
February 20, 2012 at 2:53 pm
Thank you more cash in our pockets.
Igwala-gwala
February 20, 2012 at 5:06 pm
ifi ifibantu fyalishupa sana,look at the way they fight kumyabo beka-beka now what of the other skin.why why zambia why! we can manage to run this country ourselves,let financial crisis come you will see how these guys will run away and leave us panse chimbwi no plan.we can make it alone!
star
February 20, 2012 at 5:07 pm
please let the government find out how the Baobab land was given to an Egyptian investor.The man who helped to get that land is on the run.That land belongs to the Zambian people.He had connection with RB family.
Mwaume2
February 22, 2012 at 1:37 pm
This money is coming from Egyptian military because Egyptian businesses do not have money. These guys in the army want to hide their money from the coming civilian rule. They cannot afford to submit their funds to be under the jurisdiction of civilians.