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Chikwanda Should Resign, The Old Man Has Run out Of Ideas- FDD
The Zambian people are doomed and should start preparing for the worst in an impending economic catastrophe, opposition Forum for Democracy and Development (FDD) has warned.
Reacting to Finance Minister Alexander Chikwanda’s move to seek Parliamentary approval to push Zambia’s external debt ceiling from K 35 billion to K 60 billion, FDD spokesperson Antonio Mwanza says Chikwanda had run out of ideas and needed to pave way for the mess to be sorted out.
And Mwanza says it was surprising the whole Patriotic Front government was behaving like business as usual when the country’s finances were dwindling to alarming levels. He noted that even after months of advising government on the prudent use of resources, the state had continued with no sense of urgency over the matter.
“Three months ago we told the Nation that the Budget had COLLAPSED. We advised Mr Alexander Chikwanda to quickly present an Emergency Budget to Parliament. The Government responded with insults and ridicule. But today the Minister of finance has succumbed to the truth.
The Budget Deficit has balloned to K20 Billion. That is almost half of the entire 2014/15 National Budget. And Chikwanda and his PF are now asking Parliament to allow him to borrow upto K60 Billion.” Mwanza said.
He advised government to cut down on the numerous trips and unnecessary expenditure and listen more to people’s concerns.
“The Bank of Zambia Governor Dr Kalyalya has informed the nation that this Government is borrowing monthly to finance it’s operations. He has told us that Lungu and his clique are spending more than we are earning as a nation. The revenue collection is down but the spending is ever going up.” the FDD spokesperson said.
Posted by Kunda
on June 18, 2015. Filed under LATEST NEWS.
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PANTUFYE
June 18, 2015 at 9:38 am
Though the man is a presidential failure,HH can make a wonderful finance minister. Drop chikwanda and employ HH
Hello Haters
June 18, 2015 at 11:45 am
Pantufye the only solution to this blatant mismanagement of our economy by PFool is 2016 enter the UPND.
Denkete
June 18, 2015 at 12:14 pm
Mwaice Hello Haters, “Icaalo muusula, tacibula mashinshya” Not all ministers can be good. You will agree with me that even in your own family, mwalibako icipumbu cimo. That doesnt mean your entire family must be exorcised. Alexander must go for sure. PF after 20 years.
illuminatti
June 18, 2015 at 3:15 pm
NO! ALEX STAYS. KICKING OUT ALEX WILL BE TANTAMOUNT TO A SON BLAMING AN ILLITERATE PARENT FOR HIS/HER POOR PERFORMANCE AT SCHOOL.
ALEX IS OK. HE PERFORMED UNDER MICHEAL AND IF HAS FAILED THIS TIME WITH THE VISIONLESS REGIME, WE WILL NOT BLAME HIM. HE CONSULTS WHEN EVER, A DECISION TO BORROW IS SUGGESTED.
EVERYONE MUST GO ON MORAL GROUNDS.
KC
June 19, 2015 at 7:17 am
What performance under Micheal…..what indicators are u looking at….
Hello Haters
June 18, 2015 at 6:20 pm
@ mwaiche! mune ubushiku inkesa paka sukulu ufunda ukamba noku kunkwila, that proverb is nasty, doubt if that is always the case,when after the job you do a proper wash up, you should have used ” munda nimu chabu” ok ulubalala ulwabola lumo inga lwaonaula ishili mukanwa akale, kufwisa shonse.
Denkete
June 18, 2015 at 12:09 pm
Though I’m a PF staunch supporter, I’m not very comfortable with Alexander Chikwanda as Finance minister. May our president His Excellency Edgar Lungu swallow the bitter pill and engage Ng’andu Magande to take charge of this ministry. Politics aside, Magande tried as a Finance Minister. Chikwanda might have played a bigger role in the last presidential by-election, but that is not a passport to rape the economy of our country. A good finance minister will definitely change the direction of the economy.
Israeli
June 18, 2015 at 9:53 am
Yabaaa!
Dumpee
June 18, 2015 at 10:16 am
Pantu HH e worse
illuminatti
June 18, 2015 at 10:22 am
koloopa dot. com.
we told you that this is what was coming our way.
it is not chikwanda to blame and no need to fire him.
he performed exemplary well under Micheal, therefore, it is the environment in which he is operating now. this environment is not favorable for technocrats and big brainers like chikwanda.
someone else is to blame.
I will point a finger at RB. how many trips did RB make during his tenure?
mas k
June 18, 2015 at 10:31 am
We are in 4 it.awe sure
Seseseko wabongisa
June 18, 2015 at 10:38 am
Elo lwanya twalamwenako zambia has gone to fools who cant think,i supported pf but slowly am changing my mind switching on to HH
Seseseko wabongisa
June 18, 2015 at 10:46 am
Have the civil servants started getting their salaries?if not then these are serious indication of a dwindlng economy mahweeeeee nafwa neo mama nilye vakulya vanyoko
Denkete
June 18, 2015 at 12:20 pm
Twalifola mailo boyi.
Seseseko wabongisa
June 18, 2015 at 10:51 am
What is realy hapening now?plz pf listen to the people its like u ar taking the country into a ditch and ar civil servant going to be paid in time this month?if not then we ar in trouble.slowly am switching my interest to HH
kakolwe
June 18, 2015 at 11:08 am
This is becoming a monthend jingle. As soon as one opposition party says something, the rest shall repeat it incessantly. Now, who is going to get credit for it? It is like we have a queen & king left on The chess board. No matter how perpetual your ‘Check!!’s will be, you’ll not say CHECK-MATE until you get support. Even from the pawn.
Restrategise Plz. You ain’t vuvuzelas.
mj banda
June 18, 2015 at 11:20 am
I agree, Chikwanda should step aside for other people to perform really
illuminatti
June 18, 2015 at 3:22 pm
I WISH SATA RETURNS WITH A WIP TO SORT OUT THE KOLOPA DOT COM.
SATA MUST BE TURNING IN HIS GRAVE.
BA KASEBA, TUPOKOLELENIKO!
WHO SHOULD WE RUN TO FOR HELP.
THE TATANIC HAS HEAT THE ICE BERG AND IT IS SINKING AT A TERIFIC SPEED.
DI CAPRIO, WHERE ARE YOU? SEND US LIFE JACKETS.
HERE OUR CRIES AND LAMENTATIONS.
WHERE IS OUR MOSES?
PF but NOT
June 18, 2015 at 11:38 am
The man up dare does not know what 2 do, surely how can you bring back RB & SILI……. if batata ba sata can come back shishibe efyo cingaba, but that is gone lets work & fight this problem, get up, stand up and fight for your country ZAMBIA.
Kwati like so
June 18, 2015 at 12:06 pm
Pf has no capacity to handle economic affairs of this nation. Pathetic failures,hahahahahaha kwati pali ifyobalotontonkanya. Upnd is wel equiped bane! Stop this rot of bickering wen u cant do it!!
Andy
June 18, 2015 at 12:29 pm
Bring MAGANDE back in system no one can operate in that office as at now,or keep on complaining
Lucy
June 18, 2015 at 12:31 pm
A country of idi.ots.
major chileshe
June 18, 2015 at 6:54 pm
Mmmm ukutumpa kanyo kobe
Famous idiot!...
June 18, 2015 at 1:14 pm
Awe bane nangu aba mapala eba mano ala te ifi ata…
mwansa
June 18, 2015 at 2:10 pm
Ignore these tribal sentiments as they are meant to confuse you and make you forget about the real enemy. Whether you are Lozi, Tonga or Bemba, we all have one common enemy in this country currently. That enemy is PF who are taking this country backward almost in every thinkable sense. Right now they want to borrow $2billion and all you gullible Zambians want to talk about is tribalism. Are you serious???
burning spear
June 18, 2015 at 2:49 pm
Chikwanda does not operate in a vacuum. The trend in Zambia is such that technocrats are influeced by politcians and it is difficult for them to make independent decisions. The old man seems to work under duress believe me. This crisis is beyond one person, it involves the whole ruling class.
blo
June 18, 2015 at 3:09 pm
Let the young ones ran the show shikulu bantu!
Denkete
June 18, 2015 at 3:55 pm
Edgar is neutral in terms of tribalism. we shall give him a vote next yr.
AAMBA
June 18, 2015 at 4:10 pm
Even in our own homes we adjust on our expenditure when neccessary. Trimming the blotted cabinet is way and it is not true that the effects will be negative. The solution can not be borrowing more and more. Get into ventures that will generate revenue. What so hard about this.
Trixy
June 18, 2015 at 4:15 pm
“Get up, stand up. Stand up for your rights. We are sick and tired of the easings gessings (sp) game to die and go to heaven in the Jesus’ name Lord. We know and we understand, almighty God is a living God, you can fool some people sometimes, but you cant fool all the people all the times. So now you see the light….STAND UP FOR THE LIGHT”. So you better get up, stand up. Stand up for your rights. (the late Bob Marley).
Kawalala party
June 18, 2015 at 4:57 pm
Pa zambia kuwayawayafye kikikikikiki
Advocate
June 18, 2015 at 5:26 pm
PF should publicly apologize and inform the nation that their idiot Sata messed up the economy,thereafter give chance to those who know how to manage the economy.
major chileshe
June 18, 2015 at 6:58 pm
Never should u eva say that abt my late president chikala chobe iwe
major chileshe
June 18, 2015 at 7:00 pm
Never should u eva say that abt my late president chikala chobe iwe,the idiot is u
The spartacus
June 18, 2015 at 7:28 pm
ABC is a king maker beg him to step down due to his old age, ask Dr David K. Kaunda who knows him better…
Kwati like so
June 18, 2015 at 9:16 pm
Ba Pf niba damaging director !!
Kwati like so
June 18, 2015 at 9:25 pm
I new dat pf wil fail, a bunch of clueless chaps. Look @ them!
kakolwe
June 18, 2015 at 10:20 pm
Most hooligans celebrate a penalty even before the shot is taken. They are even the ones that are first to insult the taker when it is missed.
jabi
June 18, 2015 at 10:47 pm
Chikala waba patutako
jabi
June 18, 2015 at 10:53 pm
Chikala waba patutako,President MC Sata will always remain a Hero in our hearts!
observer
June 18, 2015 at 11:54 pm
no matter how much you wish the pf government ill, it is working and come 2016 ecl will continue presiding over this country.abash alarmists.pf is party for the poor as evident of the people building their life in the streets across the nation .mind you this so called street vendors are even started going to places like dubai whre some of you will never go.
Most anoid
June 19, 2015 at 1:17 am
Ndelolesha fye!!