ZACCI urges government to maintain policy consistency

Michael Nyirenda Zambia Chamber of Commerce and Industry (ZACCI) president Michael Nyirenda has reminded government of the need to maintain policy consistency so as to help local industries thrive.

Mr. Nyirenda has told Q-news in an interview that policy inconsistency is detrimental to the economy and reduces the confidence and trust of both the local and foreign investors.

He says policy consistency is key in attracting investment in the country, leading to positive economic growth.

Mr Nyirenda has also reminded government on the need to consult the private sector and various industry players before policies are implemented.

He has since urged government to utilize the regulatory impact assessments so that regulations and policies that are implemented are predictable and consistent.

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