Zambia’s economy among the fastest growing in Africa

Bloomberg co-founder and Editor in Chief, Mathew Winkler said there was remarkable growth in Zambia's mining and other sectors including telecom and technology sectors.

ZAMBIA'S economic growth is among the fastest growing economies in Africa only second to Ethiopia, says Bloomberg Bloomberg co-founder and Editor in Chief, Mathew Winkler, disclosed that foreign direct investment from China and others countries helped the rapid and consistent economic growth of both Zambia and Ethiopia. Mr Winkler was speaking in Livingstone yesterday at the opening of the 2018 Bloomberg Africa Business Innovators summit (ABMI). Giving an outlook of Africa's economies, Mr Winkler said there was remarkable growth in Zambia's mining and other sectors including telecom and technology sectors. Mr Winkler said his organisation recognised that Africa would play an increasing role in global economy and therefore urgently required a robust, accurate business and financial media analysts. He said Bloomberg founder, Michael Bloomberg had launched the pan-African programme to strengthen media capacity, promote innovation and improve high quality news in the sector. Zambia was hosting 2018 ABMI, others have been hosted in Ghana (2017), Kenya (2016) and South Africa in 2015. Speaking at the same occasion Zambia’s Information Minister Dora Siliya expressed concern at the rise of fake, inaccurate and false news. Ms Siliya called for the media fraternity to encourage professionalism by establishing a strong self-regulation mechanism as set up by lawyers, engineers, doctors and others. She said government had welcomed the initiative by Bloomberg to train business and financial journalists as this will raise the standard and quality of reporting especially on government policy, economic, business and investment matters. Over 90 leaders in government, media, technology, business and communities from 21 countries have gathered in Livingstone for a meeting under the theme of the 2018 ABMI is Africa 2025-The Mddua Landscape of the Future.”