The opposition United Progressive Party (UPP) has warned that it will go to court to block the impending sale of state owned companies.
UPP President Savior Chishimba said the party’s will go to court to stop the impending sale of ZESCO, ZAMTEL, INDENI Oil Refinery, TAZAMA, ZSIC, ZNBS, & Zambia Railways.
Dr Chishimba said the announcement by the PF Government that there will be a review of state owned enterprises is actually a pre-sale notification of these national assets.
“UPP is preparing to engage a team of lawyers which will help us to stop the sale of these public assets. We shall fight this battle up to the Supreme Court,” Dr Chishimba said.
He added, “In all the historic sales of national assets it’s the people of Zambia who have been losers. Politicians and businessmen are the ones who power their pockets by conniving with buyers.”
“ZESCO, ZAMTEL, INDENI OIL Refinery, TAZAMA, ZSIC, ZNBS, & Zambia Railways shall not be sold! We shall fight for the people and workers in these corporations to the end.”
How many councillors and MPs does UPP have? Mr Chishimba is quite right to take govt to court on that but let’s quit behaving like there are other people behind these one man parties.
@ Buck Teeth Lungu,
Mr. Chishimba has taken leading role on the issue which “bigger” (?) parties have been noted for theirs silence.
The number of councilors and MP has nothing to do with intended legal action.
As a matter of fact, PF, MMD and UNDP are substantially divided over the issue.
If anything, Mr. Chishimba should be applauded for steeping in to the political subject emptiness and publicly raising concern of many Citizens.
Mmembe should buy ZNBC.
Saviour Chishimba is talking sense regarding Zesco. Imagine how much the private buyer would demand from Zambians for electricity.
ZESCO SHOULD NOT BE SOLD. EVEN CHILUBA HAD THE SENSE TO KNOW THAT PRIVATISATION OF ZESCO WOULD KILL THE FLEDGLING ZAMBIAN INDUSTRIES.
Much as iam against selling of state owned companies, the performance of these companies under Zambian Directors are pathetic..! We are very good at wanting to run our companies but wen given the powers to do so, we mismanage the companies and expect government to continue recapitalising the companies..! Zamtel for example was competing favourably with mtn and airtel under lapgreen of Libya but now under our own Mwanakatwe, the company needs recapitalisation from government..! Zccm failed to run our mines. Zambia railways is limping..! The list is endless..! If zesco was under a white man, iam sure loadshedding and power cuts were going to be things of the past..! Y are we failing to run our own companies is a big question…?
ZAMTEL SHOULD BE GIVEN BACK TO LAP GREEN WHO WERE DOING A GOOD JOB UNTIL IT WAS GIVEN TO MWANAKATWE TO RUN LIKE HIS KANTEMBA WITH ALL THOSE ADVERTS AND BILL BOARDS FOR SIPHONING OFF MONEY.
Cassandra Lapgreen had nothing to do with Zesco. Lapgreen bought Zamtel. Check your facts. But I suppose you are UPND and checking facts is not something your are good at.
The answer to your question is that we just know how to steal period. I’m being realistic and honest.
@ Dununa
You better check the facts. PF under Sata (RIP) “de facto” nationalized Zamtel from Lapgreen.
Bro MUNENE the same government kills them , n think the issue here is not rush like an headless chicken to privatization but to address the issue of autonomy of these institutions and avoid interference by government. This interference has resulted in employment of unqualified relatives n soliciting of money for campaign by govt , hand picked management by govt instead of the board etc so government is all to blame. Given the autonomy these companies would run like businesses profitably ,so government should not rush to condemn the companies but to review itself first n their corrupt activities
THE WORT PART IS HAVING PARTY CADRES BEING IMPOSED AS SUPPLIES OF THESE COMPANIES. THEY HAVE LIMITED CAPACITY AND SKILLS, IF AT ALL ANY AND OVERCHARGE. ANY BODY WHO QUESTIONS THEM RISKS BEING SUCKED. SO YOU ARE BETTER OFF JOINING THE “SANGWAPO”.
Selling is. Not the answer, we need to look for ways to improve the performance of theses businesses period. Sample zanaco. Was performing badly until some shares were sold to robo bank and the Zambian PEOPLE and some still remained with government. Today the bank is performing better ex
Politicians and businessmen are the only ones who have benefited from the sale of public assets. Good point! Politicians and businessmen are Zambians too.
Privatization means placing assets in private hands. Who benefits from the process is dependent on how you define”private hands.”
Think about the future, politicians don’t because they invest for them selves.
Let’s fight a good fight wisely and any politician WO can succeeded in these can win majority Zambian
Sometimes one is given to wonder why God has endowed Zambians with such an immense wealth of Stu.idity of all gifts. Imagine the catastrophic consequences of Chiluba’s ill informed privatization and hardly a quarter of a century later here we are again letting lousy goons take us for a ride once again. Maybe everybody deserves what they get, “Bitoto bi kushuka masipa bo busile!”
Sale state house also coz its not profitable,it’s draining the nation’s coffers, too much trips which attributes to more allowances.
What a Stupid country which got it’s independence and failing to run it’s resources.
Go back to colonial you have failed to teka your selves
Shame on you….
Selfish id…..t,they in rich them selves with the profits of the same companies and when they fail,they change the story we want to sale we are not making any profits.kwisauko
Saviour is right! Why doesn’t the government want to open a debate on this so that people can discuss openly the way forward on these parastatals? They are in different sectors but all performing badly! We cannot have the same solution for all of them! In some cases we need the ZANACO solution in others we need Management contracts or meaningful concessions NOT the DRUNKNESS OF WHOLESALE PRIVATIZATION WHICH HAS ALREADY FAILED US! We SOLD MINES and NOW WE BEG FOR FOREX SINCE THE OWNERS CLOSE THEM AT WILL AND CHEAT US ON TAXES! IF WE SELL ZESCO AND ZAMTEL THE we will be BEGGING FOR ELECTRICITY AND CHEAPER INTERNATIONAL GATEWAY CHARGES WHICH AFFECT ALL TELECOM COMPANIES!! CHISHIMBA IS NOT ALONE WE ARE WITH HIM!!
Most of these companies are big money losers and let private sector take over, the companies are run on 1970s ideas and gov members who give jobs to unskilled family members.
Today at 14hrs I wasa driving home a turn to th rite then left to zisc flats from kabwe chapel thoese who may kn kabwe 500meters from main road apone arraving at my gate watchman was about to opone I saw a police van behinde me to my suprise one came out to serch my screen if I ha insuarance after inspecting thy drove oFF. I wonderd weather thoesae ar new odersa to chase pipo around I want to say that this is a bad move ba ig some pipo will react badly chasing uop to th gate as if one is runingawy pliZ stop i
I support the selling of all these Govt assets, firstly because our economy demands that. Secondly, state assets are the median politicians use to siphon money. Look at the way we are being cheated about load shedding. Standby generators are running together with the duty ones, and the ruling party is exporting the power while deceiving the country that the dam has low levels. How do you expect the dam to hold water when it is over used? Sell it faster.