Foreign Direct Investments drop by almost 50%

08 Dec 2019
Zambia FDI drops almost 50%

Foreign Direct Investment (FDI) in Zambia fell by almost 50 percent to about US$ 560m in 2018, according to Bank of Zambia (BoZ) governor Denny Kalyalya.

Kalyalya said the significant decline was mainly due to losses of almost US$ 340m – mostly in the mining sector where some companies had encountered operational challenges, the Lusaka Times reported. As a result of the declining profitability, borrowing from foreign affiliates increased to about US$ 640m in 2018 from US$ 560m in 2017, the BoZ governor told a workshop of the Foreign Private Investment which was addressing investor perception survey results in Lusaka on Wednesday.

According to Kalyalya, in terms of sectoral performance, the manufacturing sector was the leading recipient of net FDI liability flows. He further explained that peace, security, political stability and a relatively stable macroeconomic environment had continued to be the main motivating factors for investing in Zambia.

Readers Comments

Vera Joe | Thu, 26 Dec 2019 12:43:15 +0100
I'm from USA i want to testify of a great and powerful spell caster my husband left me and the kids for 2 weeks when i called him he didn't pick up when he came back home the 3 week he told me he wanted a divorce i was so sad i cried all night he left again i was so lonely the next day i was searching for something online when i found a spell caster called Dr Azuka who have helped so many people with their problems so i contacted him with my problems he told me it will take 24hrs and my husband will be back to me i did every thing he told me to do and the next day my husband came back kneeling and begging he canceled the divorce we are now happy together Dr Azuka can help you too email him at ( or contact him on whats app +44 7520 636249
regina | Sat, 04 Jan 2020 09:24:30 +0100
Hello everyone my name is Regina Alfred from NJ USA. After being in relationship with Richard for seven years,he broke up with me, I did everything possible to bring him back but all was in vain, I wanted him back so much because of the love I have for him, I begged him with everything, I made promises but he refused. I explained my problem to someone online and she suggested that I should contact a spell caster that could help me cast a spell to bring him back but I am the type that don't believed in spell, I had no choice than to try it, I meant a spell caster called Dr ikhile and I email him, and he told me there was no problem that everything will be okay before three days, that my ex will return to me before three days, he cast the spell and surprisingly in the second day, it was around 4pm. My ex called me, I was so surprised, I answered the call and all he said was that he was so sorry for everything that happened, that he wanted me to return to him, that he loves me so much. I was so happy and went to him, that was how we started living together happily again. Since then, I have made promise that anybody I know that have a relationship problem, I would be of help to such person by referring him or her to the only real and powerful spell caster who helped me with my own problem and who is different from all the fake ones out there. Anybody could need the help of the spell caster, his Whatsapp:+27789518085, Email: you can email him if you need his assistance in your relationship or anything. I CAN NEVER STOP TALKING ABOUT YOUR GOOD WORK SIR HIS WEBSITE ADDRESS is CONTACT HIM NOW FOR SOLUTION TO ALL YOUR PROBLEMS.