The maize grain is being hidden somewhere, Finance Deputy Minister Miles Sampa has claimed.
Commenting on the mealie meal shortages in the country that has resulted into high prices of the commodity, Sampa said the shortages were artificial.
“These shortages are artificial, the maize is being hidden somewhere,” said Sampa when he featured on ZNBC Sunday Interview on March 31, 2013.
Sampa also said the people were holding on foreign exchange saying the depreciation was also artificial. He said there was alot of exports and wondered why the kwacha has continued to depreciate.
He explained that people were holding the money and later sell it to make profits a situation that he says government is addressing.
The Deputy Minister says the Kwacha should trade at KR4.80 and st most must be at KR5.0. He says the interest rates and inflation were low and the economy was growing.
He warned that those holding the foreign exchange will one day woke up to find that the Kwacha had appreciated. Sampa said someone was benefiting from the depreciation of the kwacha.
Sampa who is also PF Member of Parliament for Matero constituency in Lusaka and neiphew to President Michael Sata explained that the International Community were happy with the good governance by the current regime. He further charged that the government will tie all the loopholes where money is being misused and plough it into the economy.
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Whatever,Sampa and his cohorts are the ones hiding our maize.If beaten properly i’m sure Miles can lead you to some of these illegal maize depots.Anyway its donchi kubeba at play.Choka munjila plunderers at work.
Ba Zambianeye, keeping cash and other bankable vaaluables is called ‘hoarding’ and its what Miles was referring to.
Deputy Minister of finance shut up and learn you have a good nepotistic opportunity we know you are clueless about simple economics.
One lesson i can give you is that when making judgement about currency appreciation look at the whole picture not just one variable. Consider the fact that your uncle is a unpredictable dunderhead
This govt is a let down and I can’t believe that their cabinet has a leader. If we can have a crisis like this coming from a bumper harvest, what will the situation be next year in view of anticipated low harvests? The Minister should tell us why suddenly people are hiding maize which never happened under the previous regime. MMD made queues disappear overnight and come PF, queues are the order of the day. What kind of supporters does this party have?
I can not believe that this trash is coming from Miles.I am certainly sure that you know what the real problem .It is the useless price controls you want to impose on this commodity.
I will have more respect for you to come out in the open and say your government is pushing socialistic ideas and try and convince the masses with the benefits of heading that way than you giving us this rubbish!
Maize hidden,by who?Where?You and Bob need to get serious because I can’t believe the type of trash coming out of your mouths of late.RUBBISH!
He is miles away from reality. I wonder who is in charge if ministers don’t know what s going on. Is MMD still in power or power does not work in the hands of PF except for persecution of opponents. Shame on this useful idiot
Balasekesha ba Pf. Nga amataba nafisa teku yafisulula kanshi. Nangu tutile ni ba cabinet minister abafishile nomba uletina uku bapoka ati inchito yalapwa.(Pf memebers are jokers. If maize is hiden some where why no collect it. Or we may simply say the ones who have hiden it are cabinet ministers and you are fearing to do the right thing because if you do you will be fired).
We want to the one who is hiding the maize. Already the police on the copperbelt have revealed that those smuggling mealie meal are senior govt officials. We want you to name them and we are waiting.
Hidden somewhere my foot. You as the state have the powers to find it unless you are telling us you are a powerless govt. Toothless bulldogs!
Just work who is hiding maizet grain at more money pockets now its even less food 90 days at work yaa.
MILES SAMPA KICTHEN ECONOMICS AND WHO IS HIDING THE MAIZE AND FOR WHAT. PF JUST ADMIT THAT YOU HAVE FAILED TO RUN THE COUNTRY. WE ARE NO LONGER INTERESTED IN YOUR BLAME CULTURE