- Stay Connected
Socialize
Fitch’s Comment Shocks Sakeni
HOME affairs minister Kennedy Sakeni says he is shocked that Fitch Ratings can comment on a matter that is active in the courts of law.
Reacting to the organisation’s observation that the possible deregistration of the opposition MMD could increase its concerns over the Zambian government’s policy direction and governance quality, Sakeni said not even himself could comment on a matter that was before court.
“This matter is before the courts of law, and how Fitch comes in to comment, I don’t even understand. This country, we respect the courts and if matters are before the courts we don’t expect anybody to make any comment,” said Sakeni in an interview in Lusaka yesterday.
“And I wouldn’t go any further than that; I leave it to the courts to actually preside on the matter. We’ll accept whatever the court will rule.”
Fitch Ratings which recently lowered Zambia’s economic outlook citing concerns over the direction of the country’s economic policy said additional strain could be placed on Zambia’s (‘B+/Negative/’B') government finances and its relatively strong governance undermined if the Registrar of Societies’ decision to deregister the country’s largest opposition party is not overturned by the courts.
On March 14, the Registrar of Societies announced that MMD would cease to operate as a political party due to the alleged non-payment of dues over the past 20 years.
In Fitch’s view, it was too early to tell if this is simply the action of an overzealous official, or whether the decision was politically motivated, with negative consequences for democracy and governance, factors which Fitch has traditionally regarded as amongst Zambia’s rating strength.
Posted by
True bantustans:
March 23, 2012 at 2:50 pm
son of a ***** sakeni citole chobe cikala u foolish bemba ukwa is sick you will see if he is going to survive he thot he was very cleva siapa adwala uthot ciluba is stupit. no bemba in state house again. bemba are thieves liars difilers and rapists. chao
bashi chalwe
March 23, 2012 at 2:56 pm
BaSakeni now u can tok, wat of the credit u hav failed to pay the indian in mansa??? Vincent pump wisdom in yo dad coz mwaiche u will end up lyk dad lik son… were u not the one who was fighting with a cadre if my memory serves me correctly…. ok let me research…
Mungoma
March 23, 2012 at 3:11 pm
Mr. Sakeni made a reasonable and cogent statement, because, in the light of the perceived economic influence Fitch have and the possibility that they might misuse that against the country, can we expect an independent judgment from the courts on the MMD deregistration?
How disheartening then, to read such a vitriolic, tribally based and hate-filled blog from True bantustans! Very sad, indeed!
Watch it, True bantustans, for you may ruin your very heart by filling it with poisonous and useless thoughts and attitudes, such as you have exposed above!
Pure Kolwestan
March 23, 2012 at 3:11 pm
No.2 SATANYOKO chikala chobe we mbwa we chibola iwe you will die b4 SATA dies and for your own information the next president will be bemba followed by an Easterner as for you its condolences after eastener ateka ni Mr. Kabinga Pande mwanya mwaisundawila tamwakatale amutekapo! Vernon Mwanga umubantustan alitweba kale ati tekwesha ukusala umu Tonga!
PZE - LUNDAZI
March 23, 2012 at 3:13 pm
Hon. Sakeni never mind Fitch they are beneficialy of de MMD rooting thus y they can say anything without regard of de law. These pipo are defending law breakers and they also are law breakers and corupt! Wat typ of an organisation that supot wrong doers? Who doesnt no de offence de MMD comited? Despit being de lagest opposition law is law, its nt an excuse 4 being big, no 1 and i say no 1 is abov de law. Lets call spade a spade nt a big spoon. Leaders must lead with good example. If we tolarate such kind of lawlessness in de name of democracy then we are headed 4 masive destruction 4 our young democracy. So Fitch ur a disapointment 2 our young democracy. Promote good wil and governance nt advocat 4 wrong things. This wil promote misuse of public resources bcoz any big organisation wil break de rules and raws of de land in de name of young democracy. Let de law take its course and dnt coment on issues which r at de court and dnt suport evil things.
Inaluya
March 23, 2012 at 3:13 pm
I did not know he also understands economics and legal matters. Why can’t he leave leave that to Bob and Alex.
vincent
March 23, 2012 at 3:20 pm
@bashi chalwe.. have manner dnt involve me in such matters just comment if u wish.. fool.
Samson
March 23, 2012 at 3:26 pm
@trubantustan ur very ****** and foolish *****. Its u and yo father who r sick and going 2 die. U and yo ****** family wil die b4 HEMCS dies. God is with our president. No wepon fashioned against him wil prosper.
monic.joy
March 23, 2012 at 3:58 pm
too many isults here
kokokoko
March 23, 2012 at 4:14 pm
@SAMSON do not cheat who tells you that sata is sick…stop cheating anyone can go for a medical check up..it is normal.
Advocatus Dei
March 23, 2012 at 5:58 pm
If MMD violated and or abrogated from laid down procedure then their deregistration is legit. We cant let governance issues be dictated by foreign institutes just so the country gets good reviews.
If on the other hand the decison to deregistration is ultra vires, unproportional lacks merit, let the courts decide not a ratings body.
Spyglass
March 23, 2012 at 6:13 pm
My dear minister, Fitch doesn’t care what you say or think. If they forecast poor governance, its downgrading for you. Nothing personal, they’re international and deal with super economies… u.s, japan, uk, germany, france, china etc. So to sit on a stool scratching your head wondering if they are hell bent on destroying your PF regime is paranoia because PF is not that important to them so jst like MMD, get to work and improve our ratings.
why mwebana zambia nsele
March 23, 2012 at 6:14 pm
MISULA SHENU LEKENI NSELE!
Treva
March 23, 2012 at 6:32 pm
BA TUMFWEKO IF YOU WANT TO ACCOMODATE UPND AND MMD ONLY ON THIS SITE GO AHEAD COZ THOSE COMMENTS CHALLENGING ANTI- GOVT COMMENTS ARE NEVER PUBLISHED. YOUR A BUNCH OF MINDLESS LOOSERS
Tonga Bull
March 23, 2012 at 6:52 pm
some old sick men should retire from politics, the problem with africa is that old men like Sata do not want to retire, we need some new blood in politics, there are too many walking corpses. Ukwa you are too old.
Bemba bull
March 23, 2012 at 6:56 pm
@Tonga bull,makandi yobe ukufota!mputi iwe,we are only tasting power and we shud retire.Pa matako ukununka kembo iwe!
camdid
March 23, 2012 at 8:34 pm
@true batustan you a disgrace to us Tongas how dare insult a nation minister like that you are a fake batustan toba Tonga tatutukani pe chilatoda
chikalalila chikala
March 23, 2012 at 9:10 pm
ba fikala mwala lila problem we r always ruled by re-cycled toilet paper…… young leader will never b given a chance……
007
March 23, 2012 at 9:16 pm
Nizee !
Tongas are facked up people and am ila nasa
March 23, 2012 at 9:22 pm
This tonga bull thing is an *****,facket up piece of shit,you are saying sata is old so he should stop politics,that shit! If you are young and what zambia needs charenge sata and bet him in the field not him giving a free ride you mother facker..chech Movi tv on facebook and you will know why a tonga will never be president…
pa fwaka
March 23, 2012 at 9:43 pm
Never trust a bemba govt…lesson number two and number one was that for chiluba.
GUN
March 23, 2012 at 9:44 pm
Only fools are tribal.
Tonga Bull
March 23, 2012 at 10:25 pm
Sata is a walking corpse.
Zed Living In Italy
March 24, 2012 at 12:18 am
Twilashokwa Guys
ana shumba R4M
March 24, 2012 at 6:47 am
WHO THE **** IS FITSCH? BUSHE LISABI (FISH)
mwisho kaps
March 24, 2012 at 7:55 am
My GOD, & GOD of Abram, Isaac, Jacob and also that of Moses lives, our presido is protected. Amen.
abyei
March 24, 2012 at 1:39 pm
If mmd while in power did pay subscription it was an offence.then no registrar of society would dare tell them.so let them go and defend themselves in court.
it will not be good also for registrar of society to driven by politics.this will be the worst of things.
the case is in court lets respect our laws.
Kelvin mwilu
March 24, 2012 at 3:46 pm
Why are my fellow tongas always wishing sata dead? Even if he died today you can not uproot PF easly. The next government after PF is NAREP. Watch their moves not UPND it died with mazoka who new the striegnth of Bembas and worked with them.
EX j2011
March 24, 2012 at 10:44 pm
GOOD MAN VINCENT U R AN INTELECTUAL
Givers
March 26, 2012 at 9:15 am
Hello, one Zambia one Nation. Brethren this hate between Tongas and Bembas which is growing so big every day is very unfortunate. We are all one before the eyes of our creator. Let us please remember that all leaders are put by God. For Mr Sata to be president of Zambia this time around God knew it before he was born and its for a purpose. So its his duty to fulfil that obligation. Touch not the anointed of God. He is the anointed to lead Zambia this time. If l have offended someone with this forgive me but l would rather be crucified for my righteous than just keep quiet. By the way I’m Ila. Givers Shampule Moonga. Stay all blessed thank you.
SATA-N
March 26, 2012 at 10:24 am
We hate bembas because they are thieves and sufferers
Quiet Outrage
March 26, 2012 at 10:53 am
Givers you brought some sanity thank you. At the end of the day people like you should speak up or we will be lost. While still at it can you pray for wisdom for our leader His Excellency MCS ? He may have been appointed by God but we all need a little help from time to time. Ukwa is simply not leading.
buntu ni buntu
March 26, 2012 at 12:58 pm
it must be painful being tonga.funny my brother in Law is Tonga and doesn’t seem to have anything against Bembas nor do i have against Tongas. some people are just idiots
musonda222
March 26, 2012 at 7:51 pm
Lozis and Tongas are still playing the tribal cards against Bembas in Europe What a shame. They will start a war one day in Zambia. They are So selfish
mwewa
March 26, 2012 at 10:16 pm
true bantustan, ****** *****, ****** *****!!
mwewa
March 26, 2012 at 10:18 pm
one zambia one nation, ****** *****!
muzambezi
March 27, 2012 at 12:52 pm
there is absolutely no needof insulting each other over pety issues with a politcal nature when u have no food in the house but politicians are dining en wining at your expense. the word poly means many……..tics are blood sucking animals ie politics=many blood sucking animals.an mp gets a billion for dosing in parliament. wake up bane feed yo families and pay preschool fees for yo kids
Sikufele
March 27, 2012 at 1:19 pm
@Musonda222, do you know the meaning of greedy??? Greedy means when tribe (Bembas) or Party (PF) wants to amass everything in Zambia at the expense of other tribes. You alone do not have titles deeds for Zambia. Zambia belongs to all who live in it. Yes Bembas are greedy coz you took all ministerial positions, parastatal chief executive jobs at the expense of other tribes. And who says the PF is a national party? It is not. It is a party of Bembas just like the UPND is for Tongas, MMD for North Westerners and Easterners and the ADD for eeeeehh BAROTSELAND. Wake up to reality man.
Taata
March 27, 2012 at 3:05 pm
There is time for everything. Now it is time for SATA, next lets wait and see.!!!!!!!!!!!!!!!!!!!!!!
Rhodesian
March 29, 2012 at 6:49 am
Whether we kill each or not Bembas and Tongas will live side by side. And for one to suggest otherwise about been thiefs, have regrets to say the least, Austin Liato is the biggest gangsta of our times, and no one seem to bother about it, but call innocent people thiefs.
Why has HH not called CHILUBA a thief all this time, what things do they have in common or crimes they commited together.
Did HH betray Mazoka, in his quest for power by destroying all what the man did for UPND