Govt’s careless talk is what is scaring investors – HH

The opposition UPND has observed that government’s careless talk is what has been scaring investors to invest in Zambia.

UPND leader Hakainde Hichilema has particularly accused President Edgar Lungu, PF Secretary General Davies Chama and Information and broadcasting Minister Chishimba Kambwili as some of the people that are incessant issuing statements that are discouraging investors to come to Zambia.

Hakainde Hichilema

Speaking at a media briefing in Lusaka today, Mr. Hichilema says it is worrisome that in the last few months, President Lungu and his administration have, instead of making efforts to harness resources and grow the economy, continued to apply themselves to de-market the Country.

He says President Lungu has only succeeded in discouraging foreign investors with his continued misrepresentation of the country through negative labeling of Zambians and unwarranted unhealthy portrayal of the country’s economy.

Mr. Hichilema fears that Zambia is now perceived as a business unfriendly environment where most of the citizens are basically corrupt, dishonest, and cannot be trusted.

And Mr. Hichilema has advised Government to do more to address the energy industry in order to drive efficiency and bring down energy bills for consumers.

Mr. Hichilema observes that as responsible citizens with lots of investments in many sectors of the country, employing so many people, there is no way they could be that harmful and damaging to the country’s image by going all the way to such a high level summit and de-campaign.