CLEAN : Zambia restricts foreign businesses

The video discusses the importance of empowering Zambian companies in the business sector, emphasizing that businesses should be Zambian-owned or influenced. It highlights the negative impact of foreign companies on the local economy, particularly in terms of currency devaluation. The discussion also covers the challenges faced by local producers in meeting market demand and the concerns regarding employment and family welfare for poultry workers. The video concludes with a call for financial support for local farmers to strengthen partnerships and improve the local economy.

Why is it important for foreign companies to partner with Zambian entities?

• To ensure Zambian majority ownership

• To increase foreign investment

• To enhance export opportunities

• To reduce local employment

What is one negative effect of foreign companies externalizing profits?

• Increase in local employment

• Strengthening of the local currency

• Devaluation of the local currency

• Improvement in local infrastructure

What concern is raised about local producers in the second section?

• Their capacity to meet market demand

• Their access to international markets

• Their technological advancements

• Their ability to export products

What is a potential impact on poultry workers mentioned in the second section?

• Increased wages

• Job security

• Uncertainty about employment

• Opportunities for promotion

What does the final section suggest as a beneficial action for local farmers?

• Reducing taxes

• Offering free training programs

• Providing financial support

• Increasing import duties