Speaking during the Galamukani Consult-organised motivational evening for business executives, Dana Holdings chief executive David Nama, said Zambian entrepreneurs were only engaging in small businesses to make money.He
said the business culture among Zambians was primitive, saying foreign investors coming into the country had taken advantage of the situation to maximise the business opportunities.
"When the foreign investors come into the country they look at what we are doing, they come and do the same.
When they find us renovating houses and turning them into companies, they also buy houses and make them offices instead of putting up infrastructure," he
, who owns eight companies in Dana Services Limited, Proxy IT company, Danatrac, Dana Investments, Goshechem, Terotech Construction, Danachem SA and Lodge Serenity
, said Zambians had a lot of good business ideas but these did not develop into business plans and products.