Government has been urged to quickly address economic policies in order to realign the economy back on a growth route.
Zambia Congress of Trade Unions, ZCTU, Deputy Secretary General, Misheck Nyambose has noted that economic indicators as at now are not impressive.
He says that the Zambian economy is currently undergoing serious stress, mainly because of persistence electricity shortages due to droughts and the reduced global demand for copper on the World markets.
Mr. Nyambose said this on Sunday during the commemoration of the World Labor Day.
He says that his union’s position to the economic policy has been a call for diversification, away from the dependency on copper, which has made the country vulnerable and susceptible to external shocks, whenever global demand for copper is reduced.
He stated that one such sector with a great economic potential is agriculture, which must be enhanced through value addition with a well-established agro-processing industry.
Earlier, Zambia Federation of Employers Representative, Lytone Kanowa, said that there is need for government to address issues affecting higher learning institutions, with regards to closures of the University of Zambia and Copperbelt University.
Mr. Kanowa stated that such closures negatively impact on provision of qualified labour skills in the country.