Commonwealth Secretary-General Patricia Scotland has expressed optimism about Zambia’s future following the country’s recent debt restructuring agreement with international creditors.
Speaking in Lusaka, Mrs. Scotland stated that the agreement provides Zambia with a crucial opportunity to allocate resources towards national development priorities. She noted that the deal alleviates the country’s financial burden and sets the stage for economic recovery and sustainable growth.
She also commended Zambia’s government for its resilience in managing the adverse effects of the 2024 drought, which has significantly impacted food security and economic stability in the region.
Mrs. Scotland made these remarks during a public lecture held at the University of Zambia (UNZA) to commemorate the centenary of Zambia’s First President, Dr. Kenneth Kaunda, posthumously. In her speech, she praised Dr. Kaunda as a visionary leader who championed peace, democracy, and regional unity.
During the same event, United National Independence Party (UNIP) member Trevour Mwamba eulogized Dr. Kaunda for his role in maintaining Zambia’s peace and stability during his 27-year tenure.
Meanwhile, UNZA Vice-Chancellor Mundia Muya emphasized the significance of the lecture, stating that it provided students with valuable insights into Dr. Kaunda’s legacy and his contributions to both Zambia and international affairs.
The event, attended by academics, government officials, and students, highlighted Dr. Kaunda’s enduring influence on Zambia’s political and economic landscape.
“Enduring influence on Zambia’s political and economic landscape.”
This just highlights how people are so easily mislead here Economically zambia was brought to its knees … Let’s stop putting a cherry on the cake when it’s not deservered or needed
IProfessor Goma should respect himself as former Vice Chancellor.Comparing prices of mangoes yesterday to that of today is damn street economics.The economic hardships of today are a result of a country trying to correct structural anomalies from that of an import and consumptive economy to that of export and capital accumulative one. This is taking place in situation of a vicious cycle of a high debt trap and world inflationary pressures, perhaps even recession
These Mr Professor, are the circumstances that HH and team find themselves navigating us.It is not child’s play.Capital accumulation demands sweat and tears.Please spread the word
Confused MP Kafwaya brought his debate out of time.No one was willing to sit and discuss “Ilyashi ya mubwalwa”They simply were not prepared.
Just making loud noise and encouraging laziness and begger mentality….its about time we all started listening to Trump not these pompwes who encourage theft and laziness
Zambia’s future has been bright since 1964. We are always told about our bright future and leaders often see light at the end of the tunnel. However, we never get to the future or to the end of the tunnel
What they never explain is how long that tunnel is ??
Let the country sacrifice a little and pay this debt off and ask these people to go away. This is how we will end up with no country. We never learn from these thieves. Ask this woman about the debt in her own country and you will understand why they are targeting countries like Zambia to rip them off. These people are in the business of exchanging those worthless dollars with real tangible assets like mineral wealth and Land. We seriously need to wake up.
Is it Her Baroness or Dullness? What else has she been bribed with?