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PF Negligence On Corporate Governance Worrying- Fr Bwalya
We are very worried about the PF government lack of seriousness with issues of good corporate governance. For instance since I resigned as ZESCO Board Chairperson in April, the position has remained vacant for 8 months.
This is unacceptable given the fact that ZESCO is a very vital state enterprise that should not compromise the standards of corporate governance. ZESCO must be a shining example of good corporate governance. Moreover, the government has been borrowing a lot of money for ZESCO to increase the capacity of electricity generation, transmission and other projects. It is therefore important for government to demonstrate concern for sound corporate governance at ZESCO so that the public and lending institutions can have confidence in our power utility.
Another instance showing PF’s recklessness regarding corporate governance is the continued absence of a board at Road Development Agency (RDA). It seems that President Sata who has grabbed RDA and put it under his armpit has also usurped the powers of the board. This attitude of PF and Mr Sata shows that his government doesn’t value corporate governance and it’s tenets of transparency and accountability.
As such, we should not expect PF to do a good job in safeguarding public interest.
Against this background, we are calling upon Mr Sata and his cabinet to take issues of sound corporate governance seriously and correct the anomalies that we are witnessing not only in state enterprises but the entire governance system.
The need to constitute a board at RDA is urgent. Government should also ensure the election of a board chairperson for ZESCO as well as replacing board members for other quasi government institutions such as Energy Regulation Board (ERB).
We are also urging Mr Sata and PF to take the advice of Mr Ngandu Magande to acknowledge the contribution of their predecessors to government programmes and projects. For instance, what President Sata said recently in Siavonga when commissioning a ZESCO electricity generator that the commissioning signified the start of the fight against load shading by his government was not correct. The fight against load shading was started by MMD many years ago.
As such, former finance Minister Mr Magande was right when he said the project President Sata commissioned was started during the time of late President Levy Mwanawasa. Therefore, it is important for PF to be magnanimous and acknowledge the contribution of previous leaders and their governments. Recognizing the contribution of others will be a mark of sincerity and a spirit of inclusiveness necessary for national building.
We therefore urge the PF government to show mature leadership and even consider inviting former leaders when such projects are being commissioned. Such a move will not take away the credit of the PF for continuing such projects and bringing them to fruition. After all, some of the good projects the PF government has started may be finished by other governments in future.
Fr Frank Bwalya
ABZ LEADER
Posted by
Emmanuel Zedi Mbao
December 20, 2013 at 11:24 am
Hope some or all advices can be taken. It depends if that advice can be taken and put into use.If that advice is priority or not.
What makes me sad is the poor mother in the village who is working hard to feed the family and take her child to school and this proves to be difficult, while someone who is a politician everything is paid for including their children going to school. May God help that mother.
You can fight as politicians, but think about that mother, child (the orphan and widow respectively) in the village who cant go to school, cant eat balanced food.
Selfishness is killing Zambia, going into politics as a source of income and not as a servant. This is to say to serve people in this mother Zambia.
Isaac
December 20, 2013 at 1:08 pm
Frank if you’re a caring person you would have waited or write to the govt to say i will be living in such a such month so look for some one who can take cake over from me and you would have waited to hand over to that particular person without causing vacuum which you’re complaining about?
CONCERNED WORKER
December 20, 2013 at 2:19 pm
On this one you are very right. This is what is happening at Kafubu Water and Sewerage Co. They are failing to announce the new Managing Director after the interviews because they want to favor the Acting Managing director (cadre). A person who knows nothing but being used as a conduit for their selfish gain. We want a new managing director Not Mwaba.
BANYANGA NDOLA
December 20, 2013 at 4:22 pm
Father Bwalya shame on you…
Jojo
December 22, 2013 at 3:54 pm
The shame goes to you…….you can not read between the line….
Angoni
December 20, 2013 at 8:19 pm
I think FR Bwalya is providing the needed checks and balance. Other political parties’ presidents can learn from him. Lets not paint him (father Bwalya) black. The man is bringinig out real issues in the interest of the nation.
Navy Ntambi
December 21, 2013 at 3:04 am
Fr Bwalya everything has got its time you are a priest understanding the bible so well Gods time is the best. when climbing the tree you cant start from the leaves. bow down to GOD and go back to the pulpit. GOD LOVES YOU.
KALONSHI
December 21, 2013 at 9:46 am
Batumfweko please tell us meaningful stories not stories from failures like him, you waste our precious time reading rubbish.
icinshikululwa
December 21, 2013 at 9:28 pm
Ba father; @ the fihgt against load sheding started long ago by MMD. Ok, aleni tiyeni twipayepo na ka villege chicken pa public kaili; mwalaba shani!? Tafibomba ukulanda fye, kano mwaipayapo akakoko.
Kolobingo
December 23, 2013 at 8:23 am
shallow understanding of corporate governance.
Write professional exams on the subject and see if you will pass without leakage.
Corporate governance is more complex than your theology degree