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US$750 Million Bond Is A Vote Of Confidence – Foreign Envoy
The Egyptian government says the successful issuance of the US$750 million bond is a vote of confidence to Zambia from the international investor community.
Egyptian ambassador to Zambia Salah El Sadek says the overwhelming response to Zambia’s first sovereign bond shows that investors have confidence that they are putting their money in the right hands.
Ambassador Sadek notes that as an economist himself, he believes that there are no charities in the business world.
Speaking to QFM, Ambassador Sadek says the issuance of the bond is a great success for Zambia.
Zambia is poised for unprecedented infrastructure development following the successful issuance of the 750 million United States dollars Eurobond on the international market.
Posted by
Man B
September 23, 2012 at 1:19 pm
That is what can come from a real economist.
likaki nyau nyau
September 23, 2012 at 3:29 pm
THERE HAS BREN SO MUCH NEWS PRAISE AND COMMENT ON THE UD DOLLAR 750M EURO BOND ZAMBIA HAS BORROWED BUT VERY LITTLE DETAIL OR EXPLANTION BY GOVT ON WHAT THIS UNIQUE BOND IS ALL ABOUT….SOME SAY IT IS A LOAN LIKE ANY OTHER
likaki nyau nyau
September 23, 2012 at 3:35 pm
THERE HAS BEEN SO MUCH NEWS PRAISE AND COMMENT ON THE US DOLLAR 750M EURO BOND ZAMBIA HAS BORROWED BUT VERY LITTLE DETAIL OR EXPLANATION BY GOVT ON WHAT THIS UNIQUE BOND IS ALL ABOUT….SOME SAY IT IS A LOAN LIKE ANY OTHER WHLE OTHERS SAY IT IS SPECIAL…PLEASE TELL ME AND @KAPULI WA NG’ONGO SO THAT WE KNOW…..FOR ME I JUST THOUGHT IT IS JUST A LOAN WHETHER IT IS GIVEN BY AN INVESTOR OR ANY BANKER..
isaac
September 24, 2012 at 10:42 am
These qualms and criques of almost everything should just sit back and watch. This is indeed a positive development. Thumb up PF AND VIVA PRESIDO SATA.