Economic Expert, Esther Banda, has warned that the ongoing tensions in the Democratic Republic of Congo (DRC) could negatively impact Zambia’s economy, particularly through disruptions in international trade.
Speaking in an interview with RCV News in Lusaka today, Ms. Banda noted that the DRC is one of Zambia’s largest importers of goods.
Any decline in demand from the DRC, she explained, could lead to reduced exports, slow business growth, and affect the overall economy.
“The ceasefire by M23 rebels will yield positive results, as the conflict doesn’t only affect the DRC but also all countries engaged in trade with it,” said Ms. Banda.
She urged stakeholders to monitor the situation closely and prepare for potential economic disruptions while emphasizing the importance of regional stability in sustaining trade and economic growth.
Elizabeth Mutale