Let Zambia Succeed WITH or WITHOUT you in power
By Phillip Alfred Mubanga
Yesterday at State House, during the golfers’ awards ceremony, H.E President Edgar Lungu announced that he will warmly welcome and listen to any Zambian who comes with suggestions on how to combat the weakening Kwacha. And he will repel those that criticise unconstructively and for purposes of gaining political mileage.
This invitation by the President should remind us all that, as patriots, we should wish to see our country succeed WITH or WITHOUT us in power. When elections are over, all sides must cooperate in solving the common problems of our society.
Coming back today’s topic, we understand that the movements in the Chinese economy are impacting the global economy and in Zambia, particularly, this has damaged copper prices which rely on FOREIGN EXCHANGE. Mining today is the key economic activity of our country, but how many Zambians are participating in it? And by this am not talking about labourers and other workers the mining companies hire. I am talking about ownership and control of mines.
All the key sector of the economy are in foreign hands. This being the case, what control of the economy do we have? This country is not going to be developed for us by others no matter how kind and loving they may be. It’s only us who are going to give ourselves a better life through our own efforts and sacrifices.
Other than diversifying our economy, I am of the strong view that economic independence is another way of ensuring we have control of what happens to our kwacha . Meaningful participation by Zambians in the economy of their country is an idea whose time has come. We also need to place realistic expectations on foreign investors:that they are welcome as participants, and not controllers, of our economic development process.
Our government wants to give hope to our people and they seem to be very, very serious about it. They want to give capacity to our people and to our workers so that they can together build a national economy for themselves and our future generations.
Let’s accelerate formulation of a deliberate policy of involving Zambians in the key economic activities of our country so as to ensure the equitable ownership of the resources. Zambianisation and globalisation efintu
Come on guys, the kwacha has been depreciating over the a VERY LONG time – last 4 years – due to excessive fiscal indiscipline, corruption & dumped investor confidence and you can not attribute that the recent happenings in CHINA.
And as for the so called advise – spared you “tips”. The government has technocrats better educated and knowledgeable that the author of this article, but the problem is the PF govt can not listen. How long has the BOZ being issuing policy directives as regards excessive expenditure (eg. lungu’s never ending trips), widening trade deficit etc. The truth is it benefits the PF and its cadres to run the country the way they are running it. They are able to steal, buy cars and build mansions through excessive govt expenditure funded by borrowed funds.
Even if you gave suggestions, would PF even understand them? I thought Lungu kept saying he was the best person to govern the country? By December,2015, $1= 13,000 Kwachas.
The unfortunate thing is that Zambians are accustomed to poverty, so they`ll still vote PF.
ZANU PF SISTER PARTY OF PF -BE CAREFUL OF THINGS YOU ATTACH YOURSELF WITH NOW,ITS SISTER ECONOMY JUST LIKE ZIMBABWE