By: Anthony Bwalya – UPND Member
We currently have a virtual economy that only exists on paper and soon the reality of the numbers will kick in: $7bn wiped off our GDP due to load shedding, with another $2bn expected to be wiped clean thanks to COVID19. With the economy now expected to recede at a rate faster than -2%, Zambia’s GDP will be worth less than $19bn at the end of 2020.
With our population growing at above 3% per annum, we have more Zambians being born into poverty today than at any other time in the history of your country.
By the end of 2020, close to 12m out of 17m will be living in poverty with zero access to healthcare, education or gainful employment.
Now, Zambians have been warned several times, that the PF, knowing that their support base has run away from them due to endless corruption and plunder of national resources; something that has IMPOVERISHED a whole nation, they will now deploy every manner of illegal, unethical, unconstitutional practices undermine our collective democratic voice as an avenue to steal the vote next year.
Every Zambian, who harbours and shares a genuine love for this country and it’s people is hurting at the deliberate, premeditated carnage which the PF regime has caused to our country.
Zambia is close to $20bn in public debt, with anything close to $10bn of that having been contracted without parliamentary approval as per articles 63, 114 and 207 of the Republican Constitution, and thus illegal.
Of the total public debt contracted, there is credible evidence to suggest that only less than $5bn has actually been applied to developmental projects, with the rest of the debt money having been stolen by agents of the party in power through corruption, kickbacks, commissions and the procurement of expensive private assets by politicians, both here at home and abroad.
In part, this is why the PF regime have resisted an IMF assisted bailout package – they know an IMF bailout will require a thorough Value For Money audit of all loans contracted, as well as ascertaining the legal authority behind all the loans contracted by the PF.
The regime knows they will never be able to justify the legality of much of these loans, or demonstrate a bankable value for money explanation around where this money has gone.
This is a trust and confidence issue in the leadership.
The PF have drawn close to $7bn of secret Chinese loans, much of it committed to HYDROELECTRIC power projects, when they have always argued climate change as the reason of the disastrous 15hrs a day loadshedding we are enduring. Why didn’t the PF invest this money into renewable solar projects and install up to 347MW of guaranteed renewable energy in each one of our 10 provinces? This was part of a scheme to auction the Zambian economy – high capital, low returns capital investments.
The PF are actively watching the digital media space and the influence it is having on public sentiment. This is why the shutdown Prime TV.
Seer 1, from his previous dealings with the PF, allegedly involving supernatural interventions, has warned them them that close to the 2021 elections, he will reveal more damaging information around how an incompetent government connived against it’s own people for purposes of consolidating power and, privilege and prestige.
There is a real danger that the PF, in an attempt to silence the digital masses, will shut down the internet, so that access to digital information is thwarted.
There has never been a time, for all patriotic Zambians, to rise up against a monsterous, evil regime that is actively plotting to harm our national interest just for them to remain in power.
We are in trouble its no even funny
Are churches a key economic sector in zemunda republic? How much does tennis and golf contribute to our economy?
Nobody is interested in your nonsense fi UPND!!The world is fighting COVID-19 and it is common sense that globally,no economy is doing fine now or will be doing fine after COVID-19!!!Thus,never deceive yourselves that you have answers to this economy under COVID-19!!!The whole economy is in a limbo and will be so for quiet some tome due to COVID-19!!!Try something else and not this boring topic.No Govnt world-over is able to keep its economy booming under COVID-19.More than 30 million Americans have filled in for unemployment in last 3 weeks and that economy is at its lowest due to COVID -19.Therefore,what about the economy for a poor Zambia?SPARE US PLEASE!!Nowonder,UPND Councillors are resigning in Western provimce on weekly basis because UPND has nothing new to offer!!
How was church papa? Why is your heart so troubled compared to those that worshipped from home.
Chief UPNDead campaigner Anthony Bwalya at it again. Ukose mune.
Am surprised that uneducated Foreigner can be admired by citizens preparing themselves to be leaders of the same country a foreigner is insulting. This crook in the name of Seer whatever should not be entertained. You even summarise your article with his name. Kuwayawaya fye nimwe
These apocalyptic analyses won’t take us anywhere. The entire world is under turbulence and some people are still trapped in their small world of politics. The situation is too precarious to be confined to politics. Citizens in their right mind should be talking about progressive, workable solutions that can sustain the nation long after PF, UPND or any other party has left.
For instance, how can we get Zambians investing in agriculture, real estate, renewable energy etc. These are the ideas we need.
Pay retirees.
We all know rhat the economy was already rotten before covid-19 only a PF cadre or beneficiary would support these quacks. We need ti reorganize our country and make sure PF is kicked out of power. Ee need patriotic citizens who think beyond stomachs and selfishness. Covid-19 is just a lame excuse and this is the time position ourselves to stand for the truth.
EVERYONE, THE ENTIRE WORLD ECONOMY IS IN CRISIS.
Look at the PF rats above trying to console them selves that Zambia’s economy is fuc.ked because of covid like the rest of the world ????
Hehehehe ,
some one pleas show them the GDP , exchange rate , inflation and unemployment numbers before covid …….
The PF think the Chinese will look after them.
Just ask Sri Lanka what happened to them.They gave their main commercial port to the Chinese for 100 years.
Look at Zimbabwe with its so called “Sovereignty” and “The Revolution”. From being the “Food Basket of Africa” to having wide spread poverty and over 1.5 million economic refugees in South Africa and the world over.
HOW MANY MORE REAL LIFE EXAMPLES DO YOU NEED TO OPEN YOUR EYES
THE FUTURE IS IN OUR HANDS.WE CAN PUT A STOP TO ECONOMIC MISMANAGEMENT IN 2021.
Sick propaganda from dead propagandists.
You don’t even know what economy means. You are overally sick. We’re wary of misinformers and misleaders.
The statement “Zambia no longer has an economy” is sick to the core.
The question is, what is an economy?
If the basic answer is an economy is the state of a country in terms of the production and consumption of goods and services and the supply of money, then this !d!0t has lied once again in this article.
Even Zimbabwe has an economy too.
We pray for a free n fair election , ECZ we count on you to be non partial. Thanks
MASONIC Charity Fund South Zambia Chairman Arne Luring South has promised that his organisation would for the next six weeks take part in cleaning markets across the capital city.
The LT flags are back and the impostors have scampered for cover..really laughable indeed…only genuine resident LT bloggers are left!
Anthony Bwalya you say we currently have a virtual economy that only exists on paper and soon the reality of the numbers will kick in: $7bn wiped off our GDP due to load shedding, And you say thanks for Covid-19 which is supposed to take another $2bn clean.
There has never been a time, for all patriotic Zambians, to rise up against a monsterous, evil regime that is actively plotting to harm our national interest just for them to remain in power.
It seems like you are also praying that the nation is harmed economically and campaign on those lines. You know one thing, some of the households to be affected by Covid19 include your relatives.
Writer really lost me immediately I saw seer something. Its rough when every situation is politicised.
this is the way i look at GDP. $24 billion is roughly K25 million per capital. My family of 7 should produce K175m worth of services or goods if we are to survive. If we produce less, say K70m ( average civil service per year), it means some1 else may produce the balance, K105m and become richer. He may be in China, Malawi or within Zambia. All we need to do is to work so hard as individuals or groups to meet the targets. Zambia has too much land for agriculture. We spent too much time is spent on arguments, possibly costing us 0.05% of our GDP
It is beyond criminal. PF and Lungu should never have been allowed or elected into that office. Lungu is the greatest joke that has endangered the socio-economic being of this country. He needs to be removed as soon as possible. We are going to do everything possible to see that happens. This cuckoo stole, sold and torched our future and country.
Can law enforcement agency arrest his animals….no masks,no social distance shameful covid19 is real.. what is disheartening is idio.t called hh cant even give marketeers masks. For sure upnd is a satan.ic party.
these*
Well to all the doubters of how bad our economy is under PF keep on believing in the reckless regime and shunning away from reality. When the truth hits you hard that’s when you will know how bad things are and wish something could have been done earlier. Like in the time of Noah we will realize the warning was real but too late to do anything.
Zambia like Zimbabe needs re-Colonizing….Look at what Zimbabwe was and look at it now..Face the truth or quite simply
die by your own hands..Do you think the Chinese care about you ?.. No.! They treat you like the childish corrupt apes you are.
Rowdy, yes the economy is bad but to appreciate Covid 19 by saying ThanksTO COVID 19 BECAUSE IT WILL WIPE 2BN FROM GDP. The negative results will affect every one regardless of his or her political affiliations. Please ba Bwalya such appreciation are evil.
Ba Bwalya give us a break. We are tired of articles that suggest evil on our country. Our destiny is in God’s hands and not your intelligence or wisdom. lf this is the way we shall proceed, people will begin to hate you.
This was well written, until he summarizes with Seer 1, I don’t know why we give this guy any credit.
Ba antony do those economic statistics at your boss’s farm in namwala to see how many cattle, goats , dogs and unpaid workers he is keeping not on the 17m zambians. What makes you think your life president, chief looser of elections, 20yrs in opposition party leader, will win elections yet he is busy loosin councilors in western province on a daily basis ?
So Zambians from the North and East would rather have one of their own, clueless and thieving as Lungu is, kill the country but would not want to have someone like HH to try rescue the situation. Mark my word, the fault lines have been drawn, we will split this country into two, Northwest, Western, Southern and half of Central are quitting this damn failed outfit of yours.
Roy we have marked your treasonable words watch the space: you will divide the namwala farm not the nation.
The PF government has no love for the country and it’s people tne only thing they know best is corruption and planing evil for the opposition every time.Corruption killed our economy long time Zambian economy was dead even before covid 19 it was climate change now it’s covid 19 you can’t even manage to feed your own people during this period because all the money has been stolen other countries are feeding their people but your own instead you are sending Lusambo to go and beat hungry people.
Zambian opposition parties are to blame too how can you leave these people to finish the country like this the problem is that some opposition parties wants to eat the corrupt money with government that’s why they can’t talk even when government is doing wrong things people like Chilufya…
Zambian opposition parties are to blame too how can you leave these people to finish the country like this the problem is that some opposition parties wants to eat the corrupt money with government that’s why they can’t talk even when government is doing wrong things people like Chilufya Tayali very useless.
The PF foools here trying to justify the current louse economy in the country, by claiming that it’s due to COVID-19, need to be reminded that Zambia’s economy was already circling the toilet bowl even before the virus came on the scene. COVID-19 just helped flush it down the drain. We’re now living in the sewer economically, thanks to clueless corrupt Lungu and his equally clueless minions. These foools have even failed to supply steady electricity in the country, and were using climate change as an excuse. Today, Zambia has had plenty of rain, but load shedding is still ongoing. How can a country develop without steady electricity? Hello? I’m not a UPND member, but I’ve come to the conclusion that anybody is better than clueless Lungu. PF is not just corrupt, but it’s…
also extremely incompetent and mediocre. Vote these clueless thieves out next year.
Anthony Bwalya and your friends in that party you can only see Doom ka? Koma sure ni UPND: United Prophets of National Doom
Anthony Bwalya and your friends in that party you can only see Doom ka? Koma sure ni UPND: United Prophets of National Doom
PF cadres using multiple names here unfortunately duplicate.
Sichalwe; dublicate is what you’re good at the same comment you used ku watchdog is the same u use .growup!
Iwe Sichalwe because you are UPND it does not mean that anyone who opposes HH is PF. Focussing on PF only will make you lose the next election. Me I dont don’t believe in either PF or UPND because they are both useless. Both are full of thieves and corrupt members