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Industry welcomes new finance minister

    JOHANNESBURG

    The Zambia Association of Chambers of Commerce and Industry (ZACCI) has welcomed the transfer of Edith Nawakwi from the ministry of finance in a mini cabinet reshuffle this week, ‘The Post’ reported. ZACCI president George Chabwera reportedly said that he hope Nawakwi’s replacement, Katele Kalumba, would be more accessible to the business community. Chabwera added that the outlook for the Zambian economy was not good. “In the first quarter the economy shrank by seven percent. This quarter’s results are not yet out but prospects do not look good.”

    This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

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