Zambia Secures US$6.17 Million Japanese Grant to Support Railway Revival
Japan has committed ¥999 million, about US$6.17 million, to buy railway maintenance equipment for Zambia, a small but practical addition to this year's rail financing.
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Japan has committed ¥999 million, about US$6.17 million, to buy railway maintenance equipment for Zambia, a small but practical addition to this year's rail financing.
Foreign investment, loans and grants should leave Zambia with lasting capacity. TAZARA offers a starting point for judging what remains after the money is spent.
Finance Minister Dr Situmbeko Musokotwane says Zambia's next phase runs on production and exports, with tax compliance funding government's side rather than new taxes.
Zambia’s geography offers a major trade advantage, but economist and researcher Dr Kelvin Kamayoyo argues that the country must invest in multilingual skills to unlock it.