The Private Sector Development Association (PSDA) Chairperson, Yusuf Dodia, has charged that the political violence being exhibited in the country has the potential to scare away potential investors.
Speaking in an interview with the Lusaka Star, Mr. Dodia said the presence of violence may inhibit investors from penetrating the Zambian market, adding that the effects could be devastating for the country.
“The current situation will definitely push away any kind of investment which was destined for Zambia and will put fear into those who have already invested such that they may consider pulling out investment, and we don’t want that to happen in Zambia,” he explained.
Mr. Dodia further stated that Zambia would end up in an economic crisis if politicians continued to use violence as a tool for winning the elections.
“It is very important for our politicians not to turn violent as it only exhibits immaturity and lack of political will. Instead, they should focus on is their campaign messages to the Zambian people,” Dodia explained.
He also said it is in the country’s best interest for politicians to be sober and have definite plans of how they intend to serve the people of Zambia once voted to office
“As we head toward the elections, our politicians in the forefront campaigning need to make sure that their campaign messages are focused on what it is they are bringing to the table for the people of Zambia in terms of managing the economy and guidance to the development of the country both economically and socially,” Mr. Dodia said.
Meanwhile, Mr. Dodia was optimistic that the August 11 elections will be peaceful and has since urged the business community not to panic as Zambia is known for holding peaceful elections.
“The business community should focus on the history of Zambia’s peaceful existence and be assured that that after the August 11th, the country’s business environment will be operating smoothly,” he said.
3 months ago