The Zambia Federation of Employers has reiterated a concern over the high cost of doing business which has made it difficult for employers to expand their investments.
Federation Executive Director Harrington Chibanda explains that the trend has affected their members to invest into other business ventures.
Speaking an interview with Money FM, Mr. Chibanda observes that another factor preventing business expansion is the delay by government to settle domestic arrears to their members.
Zambia’s Domestic debt stood at over K58.3 billion as at the end of second quarter of 2019.