FINANCE and National Planning Minister Dr Situmbeko Musokotwane says Zambia will not shy away from Foreign Direct Investment (FDI), as it is an important part of an export-led economy. Meanwhile, Dr Musokotwane says government’s immediate priority is to maintain economic stability, in order to avoid a return to high inflation rates. Speaking when he featured on ZNBC’s Sunday Interview, Dr Musokotwane said the amount of capital available locally was not enough to undertake massive projects without FDI. “As we look at the export industry, a necessary part of that is Foreign Direct Investment (FDI) which we in Zambia most of us condemn. If you listen to the discourse in the public, Foreign Direct Investment ‘no the foreigners are going to...

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