Local Economists Dismiss Bringing Back of INDECO AS Rubbish. Some economists and players in the private sector have sharply differed with Government over the creation of the Industrial Development Corporation(IDC). Speaking at a public discussion organised by the Economics Association of Zambia in Lusaka Tuesday evening,Economists John Kasanga warned that the(IDC)poses a danger to the zambian economy.Mr kasanga said that the IDC might reverse the tremendous progress Zambia has made in reforming its economy. =This IDC will have far reaching consequences for all of us.There is a danger that might reverse the progress we have made as an economy.We have done well to make economy more investor friendly,we fought hard to reduce the cost of doing business and enabling us to become more competitive,the IDC will derail and take us backwards
Posted on: Wed, 29 Jan 2014 14:02:16 +0000
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