Zambia remains a stable international investment destination with secure free capital flows, President Edgar Lungu has assured investors.
He was dispelling negative perceptions in the international media that the country was about to introduce capital market controls.
Special assistant to the President for press and public relations Amos Chanda said President Lungu reassured investors that their investments were safe in Zambia with a proven stable economy following fake stories spread across international media. “The President will be meeting the most influential French business investors in Africa across various sectors such as energy agriculture tourism mining construction and communications.
“The President will tell investors that Zambia is a stable private sector-driven free market economy where property rights are constitutionally protected,” he said.
Mr Chanda explained that the President would hold bilateral talks with his host before witnessing the signing of various economic cooperation agreements in mining, tourism, television, telecoms and energy.
And Mr Chanda disclosed that President Lungu would appear on a France24 and Radio France International for television and radio interviews respectively as part of his official visit in Paris.