{"id":5485,"date":"2021-09-03T19:27:32","date_gmt":"2021-09-03T19:27:32","guid":{"rendered":"https:\/\/www.africa-press.net\/zambia\/all-news\/promises-will-haunt-upndtheyre-not-achievable-in-practice-wynter-kabimba"},"modified":"2021-09-03T19:48:40","modified_gmt":"2021-09-03T19:48:40","slug":"promises-will-haunt-upndtheyre-not-achievable-in-practice-wynter-kabimba","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/zambia\/all-news\/promises-will-haunt-upndtheyre-not-achievable-in-practice-wynter-kabimba","title":{"rendered":"PROMISES WILL HAUNT UPND\u2026they\u2019re not achievable in practice- Wynter Kabimba"},"content":{"rendered":"

Africa-Press<\/a> – Zambia<\/a>. <\/strong><\/span>WYNTER Kabimba says the unattainable promises made by the UPND will haunt them now that they are in government. Kabimba, an ex-justice minister under Michael Sata\u2019s government, is the Rainbow Party general secretary. He also argues that an International Monetary Fund programme is equivalent to handing over an economy to foreigners.<\/p>\n

\u201cThe first enemy that the new dawn administration has, created by themselves, are the campaign promises they made to the Zambian people. That is what is going to haunt them throughout the term of office of this administration,\u201d Kabimba said in an interview. \u201cThe campaign promises will haunt them because they are not achievable, in practice. What the new dawn administration has as campaign promises, in my view, are nothing but a dream.\u201d<\/p>\n

He said what UPND officials were promising, while in the opposition is a figment of their imagination as to how Zambia should be in an ideal situation.<\/p>\n

\u201cThey will not translate into something meaningful on the ground. The backlash they are going to face will come from the people in challenging them on their campaign promises,\u201d he said. \u201cThe Minister of Finance (Dr Situmbeko Musokotwane) says that the IMF package is going to resolve the economic problems that were created by PF. [But] nowhere in Africa has an IMF package resolved economic problems of a nation?\u201d<\/p>\n

Kabimba added that if anything, an IMF problem hurts the ordinary people \u2013 the poor \u2013 whom it is supposed to save. \u201cThat\u2019s the record of the IMF. And it\u2019s not as if the IMF is coming to Zambia for the first time. It was here during the MMD administration,\u201d he noted. \u201cIn fact, MMD had more goodwill in 1991, than the goodwill that we are seeing during this era of the new dawn administration. MMD had more goodwill from donors, citizens, the international community.\u201d Kabimba recalled that Dr Kenneth Kaunda\u2019s administration withdrew from the IMF in 1988 but that the MMD administration: \u201crushed back to the IMF.\u201d<\/p>\n

\u201cWhat happened was the dismantling of the whole parastatal sector, which was a major employer of the ordinary people. Poverty levels escalated under the IMF programme in MMD. Unemployment figures went up under that programme,\u201d Kabimba explained. \u201cThere was a team of IMF \u2018experts\u2019 who were based at the Ministry of Finance in Lusaka. They were referred to as the Harvard boys. They actually had offices at the Ministry of Finance to try the help the MMD government to navigate the economy to something that would lead to prosperity.\u201d<\/p>\n

He continued, saying: \u201cthat\u2019s why Sean Tembo argues, and rightly so, that an IMF programme means you hand over the management of your economy to foreigners i.e. to the IMF.\u201d<\/p>\n

\u201cYou are no longer in charge of your economy, and that\u2019s what will happen. There is no way that the IMF programme is going to create employment, to reduce poverty because the austerity measures that come with those conditionalities are not intended to alleviate the suffering of the poor of any country,\u201d he noted. \u201cSo, they have created their own enemy, under the circumstances.\u201d<\/p>\n

Kabimba pointed out that when one listens to Dr Musokotwane, they will hear that: \u201che is talking about creating employment, which they have promised to the youths, by way of bringing in foreign investors that will come and set up factories.\u201d<\/p>\n

\u201cAnd it is those factories that are going to employ people, and hence solve the youth unemployment. [But] Zambia has a very small market, in terms of population. That in itself militates against major foreign investments,\u201d Kabimba said. \u201cWhy would somebody want to come and set-up a factory in Zambia to make $17 million if he sold his product to every Zambian at $1? Why would he want to set up that factory in Zambia, instead of setting it up in Tanzania which has 45 million people, South Africa which has 55 million, Kenya 48 to 50 million?\u201d<\/p>\n

He underscored that Zambia\u2019s population, as a market, is not attractive to any investor who wants to make a profit. \u201cThat\u2019s why you see the Americans, even as they have differences with Chinese, they still can\u2019t afford to do away with China with a population of 1.3 billion,\u201d he said. \u201cIt\u2019s a huge market! If you went and sold a pen to every Chinese at $1, you\u2019ll make $1.3 billion and you walk away.\u201d About adding value to copper, as per Dr Musokotwane\u2019s intimation on Sunday Interview, Kabimba said: \u201cwe have heard that song from MMD time.\u201d<\/p>\n

\u201cIt\u2019s like the name Phiri in Eastern Province or Patel amongst the Indians, which you find across almost every family. We have that parlance from MMD \u2013 value addition. We have seen no technology that can translate into value addition in this country,\u201d noted Kabimba. \u201cThere is nothing new that I have heard from President Hakainde that I have not heard before. So, I\u2019m not moved by words. I want to be moved by action. I bet my last dollar that the new dawn administration has planted its own ilomba (charm).\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Zambia. WYNTER Kabimba says the unattainable promises made by the UPND will haunt them now that they are in government. Kabimba, an ex-justice minister under Michael Sata\u2019s government, is the Rainbow Party general secretary. He also argues that an International Monetary Fund programme is equivalent to handing over an economy to foreigners. \u201cThe […]<\/p>\n","protected":false},"author":84,"featured_media":5484,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,6,7,8,16],"tags":[234,235,1293,2316,233],"class_list":["post-5485","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-files","category-head-lines","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-zambia","tag-minister-of-finance","tag-wynter-kabimba","tag-zambia"],"yoast_head":"\nPROMISES WILL HAUNT UPND\u2026they\u2019re not achievable in practice- Wynter Kabimba - Zambia<\/title>\n<meta name=\"description\" content=\"WYNTER Kabimba says the unattainable promises made by the UPND will haunt them now that they are in government. 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