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Wednesday, November 25, 2020

Parliament ratifies Mvunga’s appointment as BOZ Governor

Economy Parliament ratifies Mvunga’s appointment as BOZ Governor

Parliament has unanimously ratified President Edgar Lungu’s appointment of Christopher Mvunga as Bank of Zambia (BOZ) Governor replacing Denny Kalyalya.

This came to light when PF Msanzala MP Peter Daka presented moved a motion to adopt the Report of the Parliamentary Select Committee appointed to scrutinize the Presidential appointment of Mr Christopher Mvunga to serve as Governor of the Bank of Zambia, for the Fifth Session of the Twelfth National Assembly, laid on the Table of the House on Wednesday, 30th September 2020.

Mr. Daka says all security agencies were satisfied that Mr. Mvunga is highly qualified and fit to be Bank of Zambia Governor.

Seconding the motion, Kantanshi Independent MP Anthony Mumba says President Lungu made the right choice.

Leader of the Opposition in Parliament and Monze Central MP Jack Mwiimbu, UPND Bweengwa MP Kasautu Michelo, Livingstone MP Mathews Jere, Liuwa MP Situmbeko Musokotwane, also debated the motion.

Finance Minister and former BOZ Deputy Governor Bwalya Ng’andu brings to the table understanding the latest technology in line with the fast-changing technology adding that he is focused on delivering results.

Justice Minister Given Lubinda says Mr. Mvunga was not BOZ Governor when the Kwacha collapsed for the opposition to make an issue out of his appointment.

Home Affairs Minister Steven Kampyongo condemned the UPND for championing ethnic emotions in Parliament even when the appointees meet the constitution of Zambia.

Livestock and Fisheries Minister Nkandu Luo says the new Governor will instill confidence in the international community especially that he was trained abroad in America and Europe.

MMD Serenje MP Maxwell Kabanda says Mr. Mvunga has a wealth of experience and multi -skilled.

PF Kanchibiya MP Martin Malama says the appointment of Mr. Mvunga has met the requirements of the Republican Constitution.

Feira MP Steven Miti says Mr. Mvunga has local and international experience adding that the appointee was seen as a strategic thinker and a reservoir of knowledge to run BOZ.

26 COMMENTS

  1. The elite has fallen. The drunken people, low life, petty thieves are succeeded to rule in Zambia. sttupid idyots are in parliament, so impressive.
    I still have faith that Poor People’s Party will one day rule Zambia.

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  2. Welcome to the Money Printing and Forex Eating World! What magic wand does Chris Mvunga have to stop the Kwacha from a Free Fall? By the time we will go for Elections in August 2021 the Kwacha will be 1:30 and prices of goods and services will have skyrocketed. The writing is on the wall.

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  3. So, what was the fuss about from the UPND about the appointment of Mvunga as BOZ governor when they could not defeat this in parliament? They are just there to enrich themselves.

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  4. Mwana akalila bonzo, nikumupasa.

    remember in 2015, they were singing ati ba zambia ninani mulefwaya ….otulefwaya …..otwikwite……
    2021 you make same mistake osati ati mudala atishani coin.

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  5. Well, we are yet to see what Christopher Mvunga is made of but I seriously doubt if he can perform better than Dr. Kalyalya

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  6. My very intelligent brother and patriotic citizen is now officially boz governor. Congratulations brother. I always knew you would one day and up signing our money. We shall celebrate this in style. Its It’s Friday. I will pop my best bottle for you.

    My brother given is very wise too . Pf is a very powerful party

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  7. Is this palyameat or what? The fools are mere rubber stamps and the stamping can be done on anything even on faeces matuvi.

  8. Democracy rules and it does not define the calibre of the people. Mr Mvunga is governor because the mojarity MPs belong to the ruling party under the leadership of Edgar Lungu the humble president of Zambia. Did anyone at any point think Mr Mvunga will be disappointed by parliament? The president can appoint anything and his cronies will ratify period. This is the ugly part of democracy but we have accepted to be governed by these rules and we must accept and respect his appointed. Good lucky to Mr Mvunga and all the best in that position!

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  9. This is how things are passed in parliament. HH who has never even been a ward counselor should learn a thing or two. Ichilema needs to fire all his MPs if intimidating them for voting otherwise is not working.

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  10. He is without doubt the least qualified BOZ chief ever. He was appointed for no other qualification other than wako ni wako kumodzi kumawanyoko!

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  11. In future such positions should only be ratified by two thirds members of parliament. Our system of ratifying by simple majority of MPs for such key positions leads to partisan ratifications…There is no serious scrutiny in our system of ratifying independent governance institutional positions. This is also the case with people appointed as ECZ members!!!

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  12. Bless yourself for more Kaloba and expensive substandard projects while your is sent to build Mansions in Swaziland and more 48 houses without owners .

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  13. Bless yourself for more Kaloba and expensive substandard projects while your money is sent to build Mansions in Swaziland and more 48 houses without owners . This government is worse than COVID-19 and cholera put together

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  14. KZ, by patriotic I am sure you mean PF vuvuzela and stooge. A patriotic citizen is one who prescribes what is right for the country in long term and not what suits the ruling elite at the moment. Mvunga is a party cadre who will dance to the tune of the “unpatriotic behind” and be at the beck and call of the politicians. Zambians should now look forward to an exchange rate of not less than K30/USD by election time next year…..And I sincerely hope this is start of these people to getting out so others could also try at solving our economic ills..

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  15. Yesssssss victory at last. Congratulations once again to my Uncle Chris. At times in this life you just sit back and allow the Law to fight for you!! Welcome back Uncle C.

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  16. Birds of feather fly and sing together. Pop your bottle Kaisar Hollow (Zullu). Munha is a drunkard nerd, there is no doubt about as are you arrogant with stolen money. You were a Kawalala as was every PF minister before getting into politics. We the people of Zambia will popp your inflated tummies in 2021. You will have nowhere to run . Law will take it’s shortest course to cage you all to form Kahalata cabinet in jail.

  17. Dr Kenny Kalyalya should now act. The Door has been closed and he has officially been fired. His employment Contract has been breached and what remains is for him to get his Exit Package from BOZ and Run. The Package should be paid in One Lump Sum now. Good Wishes for the future, Dr Kenny Kalyalya.

  18. Kaizer, when you are president please don’t change BOZ Governor he know how to dance. He can entertain IMF and World Bank with his moves. What do you think?

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