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Government says it remains devoted to ensuring its diaspora policy comes into fruition to enhance foreign investment and economic growth.

Foreign Affairs Minister Joseph Malanji says government’s diaspora policy, launched by Vice President Inonge Wina in April this year, is broadening the trade base between Zambia and other countries demonstrated by the participation of Zambians abroad in national development.

Mr. Malanji says the country is exploring other avenues of economic growth through the hosting of Annual Corporate and Diplomats’ Gala Dinner.

ZANIS reports that the Minister said this in Lusaka last evening when he officiated at the 2019, 4th Annual Corporates and Diplomats Gala Dinner.

Mr. Malanji pointed out that government is cognizant of the role that the private sector plays in spurring economic growth by conducting vital research, provision of goods and services and other key areas of the economy.

Meanwhile, Barclays Bank Zambia Chief Executive Officer Mizinga Melu said the firm has in the recent years invested 7 billion United States Dollars in various sectors of the country’s economy.

Mrs. Melu underscored that 70 million Kwacha has been invested in enhancement of technology and 17 million Kwacha in various community activities in the country.

She said as the bank rebrands from Barclays to ABSA next year, it will remain determined in supplementing government’s developmental efforts.

The Annual Corporates and Diplomats Gala Dinner was the 4th since its launch in 2016 and was attended by numerous diplomats accredited to Zambia.


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