Absa confident about Zambia’s foreign investments
Published On March 20, 2024 » 684 Views» By Times Reporter » Business, Stories
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By ANDREW MULENGA –
ONCE the impacts of the drought are resolved and the debt restructuring process concluded, Zambia will be better placed to receive an influx of significant foreign investments, Absa Bank Group has said.
The Group explained that by resolving the impacts of the drought as well as the debt restructuring conundrum, Zambia would become more attractive to foreign investors than other African markets.
Absa Group Senior Economist and Microeconomics Researcher Riddle Marcus said African markets such as Nigeria, Uganda, Botswana, Kenya and Ghana among others were also grappling with economic challenges.
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