Categories: Uncategorized

Human skills development key to Economic growth

An Economic Activist has observed that Zambia has a high investing level in economic projects that do not have long term promotion of growth and development that the country needs.
Speaking in an interview with Money FM News, Dr. Charity Musamba lamented that government is investing in economic projects that do not have long term effects on economy, instead of enhancing skills development in the people.
“We are not paying attention, to the expertise and potential that the people have in terms of the role that they play in economic development,” she said.
Dr. Musamba adds that developed Countries such as Singapore are economically stable because they invest more in human skills development which yields positive results in all sectors of the economy as seen through construction, health facilities and job creation.
She however, says Zambia’s hope is not completely lost as the government can still restructure its development models and ensure they are closely tied to Human skills development.
“Not all hope is lost, government can still restructure its development models and ensure they are closely tied to promoting human resource,” Dr. Musamba.

More From Author

World Bank urges Zambia to capture other benefits beyond mining sector

• World Bank is committed to supporting African countries to translate Africa’s mineral wealth into…

Read More

Kwacha gains should benefit consumers – BuyZed

• This is to ensure that consumers begin to enjoy what is produced locally.• Manufactures…

Read More

SEC attributes decline in Q4 bond trades to delayed debt restructuring process

• One of the challenges is to do with the delays in finalizing the debt…

Read More

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

SEC attributes decline in Q4 bond trades to delayed debt restructuring process

• One of the challenges is to do with the delays in finalizing the debt…

Read More

Task Force seizes 10,050 litres of illegal fuel worth K300, 000

• 22 people were arrested for offences related to illegal fuel dealings. • Illegal fuel…

Read More

The Ultimate Guide to Choosing the Right Glasses Frames

News of the Abyssal Wonders discovery has reverberated throughout the scientific community, sparking intense interest…

Read More