Wednesday, June 10, 2009

WEforum Highlights Day 1 Morning Session


The 19th World Economic Forum on Africa kicked off with highly interactive sessions where leaders are engaged in brain storming discussions in examining the major challenges posed by the global economic crisis.

President Banda’s programme begun with a session entitled ‘Investing in Africa.’

He was accompanied in the session by Commerce Minister, Felix Mutati, Finance Minister, Dr Situmbeko Musokotwane, Bank of Zambia Governor, Dr Caleb Fundanga and the President’s Economic Advisor, Dr Richard Chembe.

Faced with the prospect of a prolonged economic slowdown, leaders in this particular session, among other issues, reassessed the future of their respective economies with the view to defining a new approach to sustainable economic development.

In between the session, President Banda also held a closed door meeting with Kenyan Prime Minister, Raila Odinga.

This evening, at a dinner on Zambia, President Banda and his team will present in greater detail the prospects, opportunities and challenges facing Zambia in her developmental process.

The President will lead his ministers, namely Mr. Mutati, Dr Musokotwane, Dr Chituwo, Mr. Mwale and Mr. Konga, in answering questions and clarifying issues from industrialists and investors from around world on what Zambia has to offer in terms of investment.

The Zambian panel will also include BOZ Governor, Dr Fundanga, and the President’s Special Assistant for Economic Affairs, Dr Chembe and other experts.

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