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China Gives Zambia 85 Billion Kwacha Grant
Zambia has signed a 15.8 million dollars economic and technical corporation grant agreement with China.
The two countries have also signed five bilateral exchanges of notes which will cover the implementation of the technical corporation for the Agriculture Technology demonstration center, provision of solar mobile system and support to the Confucius institute at the University of Zambia.
The bilateral exchange notes will also cover the construction of the Chinese Doctors’ residence at the Levy Mwanawasa general hospital and the hosting of hosting of two seminars for Zambian government officials in china.
Acting Republican President and finance and National planning minister Alexander Chikwanda signed on behalf of the Zambian government while vice minister of commerce Li Jinzao signed on behalf on behalf of the government of the people’s republic of china.
Speaking after signing the agreements in Lusaka yesterday, Mr. Chikwanda said the economic and technical corporation grant will go a long way in improving skills for the country’s manpower in various sectors.
The acting President said the grant will also lead to increased productivity coupled with greater efficiency and ultimately a reduction in poverty levels.
He said the technical corporation on the agriculture demonstration center has added another dimension to the government’s efforts in developing and utilizing new technology and capacity building in the agriculture sector.
And Chinese vice minister of commerce Li Jinzao underscored that Zambia is one of the largest beneficiaries of Chinese grants in Africa.
Mr. Li said through an interpreter that Zambia%u2019s exports into China hit a record high 2.8 billion dollars in 2011 adding that his government will work to further enhance trade between the two countries.
Meanwhile, Zambia, China and Tanzania have signed a loan agreement for the Tanzania Zambia Railways (TAZARA), a 15th protocol on Technical Corporation for TAZARA and a protocol on the implementation of the feasibility study on the rehabilitation of TAZARA.
Acting republican President Alexander Chikwanda expressed hope that feasibility study will be completed in time so that rehabilitation works can commence.
Speaking earlier, United Republic of Tanzania communications minister Omari Nundu who signed non behalf of his GOVERNMENT said TAZARA has to operate as a sustainable undertaking.
Mr. Nundu however noted that certain elements from the 14th protocol on TAZARA have not been implemented and therefore called on the tripartite to execute some fundamentals from the previous protocols so that they move in tandem with the signed 15th protocol.
QFM News
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Watchman over Watchdog-Galileo Galilei is back!
March 27, 2012 at 8:02 am
Thank you China. That is true friendship. We know you for unconditional assistance. we also know that you benefit from this relationship.
Quiet Outrage
March 27, 2012 at 8:55 am
So they can rape our children at will….is that the price ? Lets keep a tab on all these people . Be rest assured Chinese need to be guided and regulated because they can take and take if not monitored.
fekam
March 27, 2012 at 10:06 am
Kwacha and money is ever there. what we luck is proper financial management system. Financial management system entails understanding the controlling force behind money that cause people like you and me to channel the finances to unintended purpose. We are all good planners without money but wen money comes into our hands we let it start planning us. Zambia would have been the best country by now if we had know how to control an invisible force behind Cash. Out of the k85billion grant only only Two percent will reach targets but much will remain in peoples pocket as it passes empty pockets that never get filled up.
The other problem is that as Zambian we enjoy consuming without replenishing. 95% of our household goods come from outside Zambia that means we only produce 5% percent of the products. If you doubt, Get a simple tooth peck and see who is the manufactures and from which country or just what you are putting on starting with your socks and shoes to your body lotion. Not been fun but even a condom that you USE
PZE - LUNDAZI
March 27, 2012 at 10:25 am
@fekam ur 100% collect. Acountability, misuse n misapplication of public resources by officers is de only problem in our country. Lets len 2b responsibo citizens. Uneccesary trips n workshops! Lets develop our country pliz beloved brethren.
General Kanene (Shibukeni)
March 27, 2012 at 10:49 am
I only pray that this grant is not politicised otherwise the moment a cadre is in charge all that money will not be properly accounted for. It will finnish in leadership reshuffles by the time it will be late all of it will have been spent in commission of enquireris… fimofimo. Twapapata help H.E with clean motives. Other wise i will…. Oh!!!! Pasopo.
alien
March 27, 2012 at 11:25 am
let them build a spaceship as you all know zambia has not had any yet
spin
March 27, 2012 at 11:27 am
so that when workers ask for an increase they are told to collect from the govt saying we ave paid the money to your govt,i thot the chinese during campaigns were not good friends with ba mudala only to be the first head of state in zambia to cook a banquet for them
Umupandapwiti
March 27, 2012 at 11:54 am
More Chuku Chuku in our country and less money in our pockets.
CHINAAAAAAAAAAAAAAAAAAAAA
March 27, 2012 at 12:11 pm
CHINA CHINA CHINA CHINA CHINA CHINA CHINA
EVEN AMERICA IS URINATING 2 CHINAAAAAAAAAAAAAAAAAAA
GUN
March 27, 2012 at 1:41 pm
A financial advisor wanted with emediate effect!
Ayatollah
March 27, 2012 at 2:29 pm
The Chinese need to invest in cultural exchange programs as well. Despite the substantial amounts of money that the Chinese continue to pump into our beleaguered economy, they have completely failed to fit into our society! Indians who have been bad employers have found a formula for intergration. Look at how Lebanese treat our women. It’s difficult to ignore China now, we have no choice but to accept them…
mwila
March 27, 2012 at 4:18 pm
do we have a labour minister.plz KCM shuld be 4 Anglo america.The moment 2 chuku chuku grabs ll be in 4 rit.
zolila
March 27, 2012 at 6:07 pm
Good one but when will we move from this dependacy of getting grants here en there and funds which r misused by some selfish people its every ones responsibility to develop our country. Even u women who r abused by investors stand up for your rights. Lebanise can sleep wit u en later command u to sleep oso wit there dog.
the FOGMAN
March 27, 2012 at 6:20 pm
Now chainaman listen 2me very carefuly.mwitampa ukusompesha notubwamba ukutomba abaiche ka.bamatole coz if i get any of you i wil castrate yoh and cut your throat i mean balls fool!!!
norman
March 28, 2012 at 9:07 am
this is just one way of investing poor standards in zambia with the bogus chinese govt. we have just gotten a grant for poor salary pay and bad working conditions to zambians and also briberies. as the chinese say pay anything that is in your way for you to get where you are going and eat the fish from the head…. hope they have not corrupted our head of state already…. Zambians lets workup
umuntu mutwe
March 28, 2012 at 10:50 am
BALIPILILA LIMO FOR CHUKU CHUKU.MWAFWA MWETWANA BUTUKENI TWAISA UTU TUBANTU TWAIPIPA AMOLU NOKUBIPA PA MENSO.
TULANDA ATI BIG MALIYA EXPENSIVE,SMALL MALIYA CHEAP.
Barotsian
March 28, 2012 at 1:34 pm
Twa fwa nomba,85 Bilion 40 times the money Lyato put underground.
Uko
March 29, 2012 at 9:08 am
@Fogman you are funny
swojy
March 29, 2012 at 10:24 am
to hell with your grant you chuku chuku chi.. you give us money to come and screw our young girls and shoot innocent Zambians… if i was given a chance to talk to your ambassador to Zambia i would spit on his face … fools go with your money and may God curse any chines which abuses zambians… one zambia one nation