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Lusambo:Economy Is Growing


By Etambuyu Katota-Lusaka Province Minister Bowman Lusambo says the country’s economy is growing and government has continued to provide an enabling environment for investment.Mr. Lusambo was speaking when Edcon group of companies which comprises companies such as Edgars and Jet stores paid a courtesy call on him at his office in Lusaka today.He said Lusaka province is growing at a fast rate providing more opportunities for investment and has urged the group of companies to take time and study the country’s business environment before deciding to downsize their store.The Group of companies is in the country to check on the state of operations.And Edcon Group Chief Operating Officer Mncane Mntunzi appealed to the Minister to ensure there is dialogue between landlords, shop owners and unions.He cited incidents where most landlords request rentals in US dollars as an issue that needs to be addressed.Meanwhile, Edgars Chief Executive Officer Mike Elliott said due to financial challenges being experienced in South Africa the group of companies is considering restructuring of operations in Zambia and possibly re-size its shops. Post Views: 8
News Source: ZNBC

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