Come to Zambia, make profit and externalise it – Sata tells UK investors

Come to Zambia, make profit and externalise it – Sata tells UK investors

PRESIDENT Michael Sata has assured investors that his administration will not impose restrictions on those doing business in Zambia from externalising their profits.

The President gave the assurance in his keynote address to the Commonwealth Economic Forum in London yesterday when he addressed more than 300 United Kingdom-based entrepreneurs as well as Zambians in the Diaspora.

“One thing you can be assured of is that there will be no restrictions to profit repatriation. You can send to wherever profits you make anywhere in the world. You can send to Timbuktu or Canal Islands. We shall allow you to do that,” Mr Sata said.

TIMES OF ZAMBIA

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