Dear Editor,SELLING of strategic economic assets under the structural adjustment programmes of the 90’s during the privatisation process brought a lot of suffering to our people.Post privatisation, Zambia has high poverty levels, high unemployment levels, no or few manufacturing industries, ghost towns or cities, consumer or import led economy and not forgetting social effects such as crime and street kids.We strongly urge the UPND administration not to repeat the mistakes of yesteryears and expect different results. The President must walk his talk of “generating home-grown solutions to our economic challenges.”Thus we oppose the selling of Indeni Petroleum Company based on the following reasons:1. No country, no economy can develop by placing all i’s strategic assets in private hands. A government is elected to protect the interests of the general public just as a private business looks out for individual profits.2. Indeni can be revamped without selling it. Selling this national economic strategic asset is a […]
SELLING INDENI A WRONG QUICK FIX IT MEASURE BY UPND GOVT
