
THE number of Zambians in formal employment has increased by 50 per cent from 500,000 to 750,000 this year following a steady rise in job opportunities being created in the mining, agriculture, construction and other sectors of the economy.
And Finance and National Planning Minister Situmbeko Musokotwane has said the style of politics being advanced by Patriotic Front (PF) president Michael Sata was hurting the economy because investors were reacting cautiously to his scary political posture.
Dr Musokotwane said in an interview during the on-going tour of Luapula Province that the remaining 6 million people who are statistically eligible to formal jobs would be swallowed within the next five years following the speedy rise in the number of job opportunities.
The minister attributed the development to the good policies being promoted by President Rupiah Banda and his administration.
He said the number of jobs remained static at 500,000 from about 2000 but had only started picking in the last two years following an economic drive that boosted growth across all sectors.
Dr Musokotwane said the Government would continue recreating efforts aimed at boosting economic growth from the annual average of 7 per cent to double digits to fast track job creation.
This would be done with a parallel programme that would seek to encourage investors to spend on the social sector to benefit ordinary Zambians and address complaints that they were not benefiting from the growth and the mines.
Dr Musokotwane said investors had been monitoring statements from opposition leaders such as Mr Sata who had been fighting to garner power with high rates of inconsistencies.
He said Zambia was enjoying a good period in keeping growth with world renowned mining companies such as First Quantum Minerals (FQM) limited investing US$3 million while Lumwana had invested $1 million and more confidence was needed for government to meet its targets.
Dr Musokotwane said Mr Sata was on record as threatening to nationalise Zambian private companies, reintroducing the rare windfall taxes and condemning the fight against corruption but had been flip-flopping every other month.
“The Zambian people should not experiment with futility because this is not the first time that we have recorded growth but all that disappeared because we wasted opportunities and the gains were reversed,” Dr Musokotwane said.
He also said Mr Sata’s continued remarks that the development projects being undertaken by President Banda were initiated by late President Levy Mwanawasa were baseless because the current Government had been generating revenue to run some projects which were at foundation level.
Dr Musokotwane said inheriting progressive projects that were started by Dr Mwanawasa was part of good governance because it was the same Government and that projects being started now by President Banda would still be continued another leader who would take over in 2016.
At a public rally in Chongwe last week, Chongwe MP Sylvia Masebo said the hospital was started by Dr Mwanawasa and not President Banda which Dr Musokotwane said was irregular because the project was at foundation stage and the money used to construct the hospital was raised from taxes paid in 2009 and 2010.
Dr Musokotwane said following the construction of a High School, a hospital, street lights and a water treatment plant, the Government had now decided to construct similar projects in districts that did not benefit and urged Zambians to ignore Mr Sata and Ms Masebo’s remarks
[Times of Zambia]