Opposition Patriotic Front, Bangweulu Member of Parliament, Joseph Kasongo, today argued in Parliament that Zambia should adopt the 50 per cent + one vote requirement in the 2011 Presidential elections.

Mr Kasongo is of the view that the country should adopt the absolute majority vote requirement for the winning Presidential candidate as a measure of securing his endorsement as republican President from the people.

Mr. Kasongo said since 2001, the country has been subjected to a minority leadership, because of the present ‘First Pass the post’ system.

Contributing to debate on estimates of revenue and expenditure for the Office of the President, Mr. Kasongo said 50 per cent + one system should be embraced in order for the country to enhance its democracy.

He contended that a President, who wins an election through majority vote, would have less critics hence could concentrate more on development issues than mere politicking.

He advised that Zambia should learn from other African countries like Ghana, that have succeeded in using the 50 per cent + one vote system for winning Presidents.

He, further, cautioned that there should be a distinction between a political party president and a Head of State because a head of state embraces people from different sections of society irrespective of political differences.

And Mr. Kasongo said the First lady should not enjoy any executive powers because doing so undermines the full operation of cabinet.

He maintained that the First Lady should strictly focus at her role as spouse of the republican President.

Mbabala UPND MP, Emmanuel Hichipuka, bemoaned the continued depreciation of the Kwacha against the United States Dollar.

Mr. Hachipuka charged that the continued depreciation of the kwacha could derail investor confidence and worsen the effects of the global economic recession on the country.

Sinda FDD MP, Joseph Ngoma, regretted that the State House is under threat due to the move by second republican Fredrick Chiluba to temper with security measures designed for the interest of the President and the nation as a whole.

In his debate, Mr. Ngoma submitted that government should consider construct another State House, to prove for the establishment of new security measures that would not easily be compromised.

Earlier, Vice President, George Kunda, said President Rupiah Banda has exhibited leadership qualities of deliver the required development in all sectors of the economy.

Mr. Kunda said the Office of President has exhibited good governance through the executive powers vested on the past and current Presidents.

He has appealed to all Zambians to embrace and respect President Banda adding that Zambia has seen economic development amid the global melt-down.

ZANIS/KC/ENDS/SJK

One firm is supposed to evaluate assets of ZAMTEL, while the other is expected to install a Zambia Air Traffic Management Surveillance Radar System at Lusaka and Livingstone international airports.

Justice Mambilima has written to President, Rupiah Banda, notifying him of her intention to appoint a tribunal to probe Ms Siliya.

Justice Mambilima has also written to speaker of the national assembly, Amusaa Mwanamwambwa, on the same matter.

She says the tribunal will be set up as soon as logistics are put in place.

This is contained in a letter to former Transport and Communications minister, William Harrington, dated February 18th 2009, and made available to ZNBC News.

Mr. Harrington petitioned Justice Mambilima to constitute a tribunal to probe recent reports indicating that Ms Siliya had awarded contracts to two firms, without following laid down rules.

And Mr. Harrington says the public should now avoid making comments on the matter and allow an independent and competent body to do its work.

In his petition, Mr. Harrington alleged that Ms. Siliya breached the Parliamentary and Ministerial Code of Conduct Act when awarding the contracts in question

/ZNBC/NEWS

Defence Minister, George Mpombo, has asked Parliament to approve the 2009 National Budget without delay to facilitate the country’s timely response to effects of the current global economic meltdown and called those not supporting the budget as political nonsense.

Deputy Speaker of the National Assembly, Mutale Nalumango, ordered Mr. Mpombo to withdrawal the word ‘political nonsense’ .

Mr Mpombo, who complied with the order, replaced the unparliamentary word of ‘political nonsense’ with ‘political foodology’ as an act of not supporting the budget.

Mr Mpombo, however, continued to create laughter in the House when he maintained the usage of bombastic words in his debate.

Mr Mpombo, who is also Kafulafuta Member of Parliament, warned that failure to approve the budget in good time would make it difficult to effectively confront the negative effects of the global economic recession on the people of Zambia.

Contributing to the debate on estimates of revenue and expenditure for 2009 in parliament today, Mr. Mpombo said this year’s national budget gives hope and direction for the Zambian economy as it spells out measures of countering the economic crisis.

Mr. Mpombo urged the MPs and other key stakeholders to support government in implementing the budget, adding that that the economic crisis has not spared even giant economies, hence appealed to stakeholders not to despair.

He said government has embarked on an economic diversification programme in an effort to shift dependance on mining to other sectors such as tourism and agriculture.

He said government through the Ministry of Finance and National Planning released over K100 billion to the agricultural sector for facilitating the livestock and Fertiliser Support Programme, FSP, to encourage small scale farmers to scale up production.

ZANIS/KC/ENDS/SJK

The Barclays Treasury Newsletter this morning reports that the Kwacha bounced back in late trades on Wednesday after earlier slipping to a new historical low, touching the psychological K5 800/USD level in a highly volatile session. The report further said that spurts of demand and supply characterised trading, with early dollar buying prompting a swift depreciation to a low of K5 780/5 800 by midmorning after the currency pair opened at K5 650/5 670 per USD.

The local currency made an unprecedented comeback of nearly 4% from market lows to close at K5560/5580 on dollar offloading from market players. Thus, this reduced the Kwacha’s year-to-date depreciation to 14.8% from 17% at previous close.

Volatility, exacerbated by relatively thin corporate flows, is likely to continue as market players trade cautiously. Although the Kwacha looks fundamentally bearish, occasional supply flows are expected to give the Kwacha relative resilience to the dollar. Technical support is pegged at K5 500/USD and resistance at K5 800/USD.

Recently the Kwacha has continued to fall under pressure to the dollar . Golden Coin Bureau De Change says the kwacha’s fall is being driven both by market forces and speculation.

Golden Coin Manager, Douglas Chilundu told ZNBC news that the 2009 budget announcement has stimulated businesses to start importing to meet contractual obligations.

Mr. Chilundu called on the central bank to stabilize the kwacha to a comfortable level of five thousand kwacha to one U.S. dollar.