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Presidential Hopefuls Not Giving Hope -Kyambalesa

The current crop of presidential hopefuls is not giving the Zambian electorate any new hope, says US-based academician Professor Henry Kyambalesa.
And Prof Kyambalesa says Zambians are tired of being promised “the heavens and the earth”, but only to be told later that resources are not adequate to meet the development needs of the country. Commenting on the campaigns going on ahead of the January 20, 2015 presidential election, Prof Kyambalesa observed that there wasn’t a major difference between the promises made by previous presidential contestants and those being made now.
“One obvious difference among the contestants, though, has tended to revolve around their ideological inclinations – that is, whether their intention has been to deliver on their promises through socialist initiatives or by means of free-market principles,” he said. “Over the years, I have noticed one common tendency among all contestants; that is, their failure to apprise potential voters of the sources of funds for implementing contemplated national policies, projects and programmes.
In this regard, I mean sources of funds other than the regular and traditional government revenues.” Prof Kyambalesa challenged the presidential candidates to provide a summary of the sources of the funds they would need in fulfilling their promises. “In this regard, I mean sources of funds that will supplement existing and traditional sources of government revenue, and sources that do not include loans or aid from our country’s development partners,” he said.
“People are tired of being promised the heavens and the earth, but only to be told later that resources are not adequate to meet the development needs of our country.” Prof Kyambalesa noted that Zambia could not continue relying heavily on donor funds to fund its development. “What will happen if some of our development partners decide to withdraw their support if and when we pursue socioeconomic policies that will not be consistent with their expectations?” wondered Prof Kyambalesa. “Besides, many of our development projects are financed through reckless acquisition of loans.
Future generations will, no doubt, judge us harshly for leaving them with unsustainable levels of bilateral, multilateral and commercial debts for them to settle.”

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Posted by on December 28, 2014. Filed under LATEST NEWS. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

11 Responses to Presidential Hopefuls Not Giving Hope -Kyambalesa

  1. monde Reply

    December 28, 2014 at 10:34 am

    Prof. what is it that PF promised and has failed to do? remember PF term comes to an end in 2016 and most of the projects are above 60%

    • Judge Joe Bidden Reply

      December 28, 2014 at 11:35 am

      I thought as PF cadre you need to know what your Idol Lungu is up to, and how did you come up with 60%? Give us the Cost Breakdown Analysis of current projects to justify your 60%.

  2. wisdom Reply

    December 28, 2014 at 11:22 am

    What 60% completion?

  3. wisdom Reply

    December 28, 2014 at 11:28 am

    DELIVERING THE NEW CONSTITUION IN 90 DAYS IS ALSO 60% COMPLETED. HEHEHEHEHE.

  4. Judge Joe Bidden Reply

    December 28, 2014 at 11:32 am

    @monde, Iwe the Professor’s main issue is about all these promises we getting from the candidates how will they finance the projects? Because the current and past Govts have/had tendencies of just getting long term loans carelessly that generations to come will continue paying. So as they campaign let ‘em tell us their sources of funding.

  5. Judge Joe Bidden Reply

    December 28, 2014 at 12:37 pm

    @monde I came back to check on you, we are still waiting for the Cost Breakdown Analysis how you arrived at 60% of ‘completed’ PF projects… Later.

  6. kakolwe Reply

    December 28, 2014 at 3:43 pm

    How do you expect them to state th source of funds then when they have failed to state the source of funding fo their campagns? Just at campaign time, Satanists have committed the national wealth to the devil!

  7. Kwati like so Reply

    December 28, 2014 at 5:10 pm

    Ka judge Joe bidden kaliba sharp. Awe kakali !

  8. TUMELO Reply

    December 28, 2014 at 7:02 pm

    HH has one of reducing cabinet ministers from 23 to 15 no dupty ministers which SATA had in total with cabinet ministers to 72. The PS in ministrys will take the dupty ministers’s duties, i think one way of funding projucts without ‘KALOBA’ can b there.

    P . SINKAMBA has one of farming MATOKWANI (ICHAMBA) per yr mother Zambia will b having K15 BILLIOM rb can also fund project without the help of CHINA (KALOBA) when building a SCHOOL.

  9. penes Reply

    December 30, 2014 at 10:39 am

    judge joe ni HH kanshi tamwaishiba

  10. CAN B Reply

    December 31, 2014 at 7:59 pm

    they sold zamtel, luanshya mine zambia railways and etc, many people were retrenched and the people of luanshya went thruogh hell and how is he going to good things this time only the PF have brought sanity
    back to the peaple not hh

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