PRESS STATEMENT
For Immediate Release
New York, 29.09.25 – Minister of Foreign Affairs and International Cooperation, Hon. Mulambo Haimbe, S.C, M.P, says Zambia is open for business, highlighting the nation’s successful economic reforms and stable investment climate as a foundation for transformative partnerships.
Speaking at a Private Sector Roundtable on the sidelines of the 80th session of the United Nations General Assembly, Hon. Haimbe outlined Zambia’s compelling investment case, built on a foundation of decisive government action.
He underscored that after a difficult period marked by fiscal distress, the administration took swift action to restore macroeconomic stability and implement deep structural reforms. The Minister affirmed that Zambia’s policy environment is now sound, its investment climate is stable and predictable, and the political will for reform has never been stronger.
He noted that Zambia is not merely seeking capital but partners who share values of transparency, sustainability, and prosperity.
The Minister highlighted five key sectors presenting strategic opportunities for investment, including mining, agriculture, energy, tourism, and infrastructure.
In his remarks, Mr. Jito Kayumba, the President’s Special Adviser for Finance and Investments, echoed the Minister’s sentiments, underscoring the government’s visionary leadership in transforming the economy. He noted that the current level of private sector engagement is unprecedented.
The roundtable was attended by senior government officials and potential investors, fostering a dialogue aimed at translating discussion into concrete Memoranda of Understanding and investment deals.
Issued by:
Namatama Njekwa
First Secretary Press and Public Relations
Permanent Mission of the Republic of Zambia to the United Nations