The Zambia Chamber of Commerce and Industry (ZACCI) is optimistic that the necessary steps would be made to guarantee that there is enough power in the nation.
A thorough explanation of how issues connected to energy power generation are going to be solved, according to ZACCI President CHABUKA KAWESHA, is essential.
According to Dr. KAWESHA, President HAKAINDE HICHILEMA’s updates and briefing during the press conference on Tuesday included a summary of the difficulties that still need to be resolved as well as the areas where the government feels it has achieved progress.
He says that several of the gaps and rigidities listed must be addressed by both the government and the private sector.
Dr. KAWESHA adds that it is encouraging that President HICHILEMA designated 2023 as the year for removing rigidities that impede or postpone the expansion of some economic sectors.
In an interview with ZNBC News, he expressed his optimism that the licensing and regulatory fees will be decreased.
Dr. KAWESHA added that in order to guarantee that growth estimates of more than 5 percent are realized, catalysts must be provided.
Additionally, Dr. KAWESHA stated that ZACCI is pleased that President HICHILEMA touched on important areas like agriculture, funding, and how the yield might be stimulated.