It’s the young people today who are changing and driving a new narrative for self-determination, owning our own wealth, says Chibamba Kanyama.
Kanyama who is Zambia’s Ambassador to the United States provided context about Zambia’s entrepreneurial journey to the delegates at what looked like a semi-Zambian diaspora conference in Atlanta with a focus on wealth creation through entrepreneurship.
“It was only in 1991 when there was a complete change of the economic landscape of the country where we became flat private enterprise,” Kanyama said during the Global Atlanta-hosted event at Miller & Martin PLLC. “So, it called for deregulation of a number of issues to allow for private capital to come into Zambia.
He stressed that time was now for the world to know that Zambia was the right place for investment, and investors were guaranteed of maximum returns with minimal risks.
“We want to ensure that we give you better returns and assure you that there will be no policy reversal,” Kanyama pitched. “Countries are beginning to ask questions: What do we do next? And that’s the question that we’re asking in Zambia. We as a country have remained consistent on one thing: …we’ll continue to have faith in the private sector.”
He said young people are doing phenomenal work, changing the narrative for a better Zambia.
This is the time you’re hearing across much of Africa, people are saying, “We don’t want anymore this democracy; democracy is failing to deliver,” he added.
Kanyama is hopeful that Zambia would continue to attract investment and compete in the world of business.
“Investors seek solid returns and that Zambia is competing not only with countries around the world, but also U.S. states like Georgia that offer their own incentives,” emphasised Kanyama.
