{"id":61789,"date":"2024-07-24T23:31:37","date_gmt":"2024-07-24T23:31:37","guid":{"rendered":"https:\/\/www.africa-press.net\/zambia\/all-news\/comrade-mmembe-why-cant-hh-restructure-debt-like-you-tried-over-your-zambian-airways-1-6-million-debt-austin-mbozi"},"modified":"2024-07-24T23:43:12","modified_gmt":"2024-07-24T23:43:12","slug":"comrade-mmembe-why-cant-hh-restructure-debt-like-you-tried-over-your-zambian-airways-1-6-million-debt-austin-mbozi","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/zambia\/all-news\/comrade-mmembe-why-cant-hh-restructure-debt-like-you-tried-over-your-zambian-airways-1-6-million-debt-austin-mbozi","title":{"rendered":"Comrade M\u2019membe; why can\u2019t HH restructure debt like you tried over your Zambian Airways $1.6 million \u2018debt\u2019?- Austin Mbozi"},"content":{"rendered":"

Africa-Press – Zambia. <\/strong><\/span>Socialist Party president comrade Fred M\u2019membe correctly says President Hakainde Hichilema (HH\u2019s) debt restructuring means that he (HH) has transferred Zambia\u2019s debt payment obligations to his successor (Zambian Observer 17 June 2024).<\/p>\n

He also correctly predicts that this restructuring could make President HH popular with future historians\/future generations. These will \u2018sonta\u2019 saying, \u2018HH of Bweengwa built all these! But \u2018bo\u2019 M\u2019membe who took over the presidency in 2031 built nothing\u2019.<\/p>\n

Fantastic! So, it worries comrade M\u2019membe that these historians will forget that M\u2019membe will be repaying debts which HH is now \u2018refusing\u2019 to repay? Well, I only differ with him when he says HH\u2019s restructuring is crooked \u2018imingalato\u2019 where HH is a \u2018schemer\u2019 \u2018hoodwinking\u2019 Zambians. Is comrade M\u2019membe admitting that he was \u2018scheming\u2019 \u2018imingalato\u2019 when he tried to \u2018restructure\u2019\/ defer his Zambian Airways $1.6 million payment to the state-owned National Airports Corporation (NAC)?<\/p>\n

I enjoy critiquing comrade M\u2019membe. He has vast knowledge and intellectual insights which many PF thief thug\/UKA \u2018opposition\u2019 don\u2019t have. He does not fear being criticised, especially by me who by his standard I am just a small puppy barking at him, the elephant. My \u2018tuma\u2019 teeth can break if I try to bite him, while he majestically keeps chewing thorns and feeling no pain.<\/p>\n

But he needs close scrutiny. As he has done in the past, he is still going to influence discourse in this country; sometimes for public good. My general problem with him is that he selectively applies the knowledge that suits his agenda at any particular time. He can apply it differently any time.<\/p>\n

First, comrade Mmembe himself tried to restructure the Zambia Airways \u2018debt\u2019. M\u2019membe owned The Post newspaper, which in turn owned 30 per cent shares in Zambian Airways, making him a director. When, example, you wanted to fly \u2018his\u2019 Zambian Airways, its ticket will include, say, a $50 for \u2018his\u2019 Zambian Airways company and a $5 \u2018departure fee\u2019. This $5 is the fee which government, through NAC, charges you for using its airport, as \u2018air passage service charge\u2019. Zambian Airways was supposed to give this $5 to NAC.<\/p>\n

But \u2018M\u2019membe\u2019s\u2019 Zambian Airways was not timely remitting to NAC, accumulating $1.6 million \u2018debt\u2019. By 2007, the then transport minister Dora Siliya was demanding this money. But comrade M\u2019membe and his fellow shareholders went to ask the then finance minister Ng\u2019andu Magande if he could favour them by deferring this payment. They wanted to \u2018restructure\u2019 this \u2018debt\u2019 so that they don\u2019t \u2018repay\u2019 it \u2018now\u2019, but after three years. Magande had granted the permission but Dora Siliya refused to allow the deferrement. President Levy Mwanawasa was too ill to intervene. Result? Rupiah Banda campaigned with Dora Siliya against M\u2019membe, and won the presidential election to replace Mwanawasa. In his book, \u2018The depth of my footprints, (2018) Magande complained that the likes of Cathreen Namugala de-campained his attempts at the presidency, saying he was supporting \u2018crooked\u2019 M\u2019membe group.<\/p>\n

Now, if comrade M\u2019membe replies that \u2018I was not using mingalato on Zambian Airways because \u2018I wanted space to rebuild my repayment capacity\u2019, then the same applies to President HH. In fact, I am only being very fair to comrade M\u2019membe by referring to the $1.6 million as \u2018debt\u2019 when it was money used without the owner\u2019s permission. Supposing I tell you that I am going to Chawama to collect K500 \u2018cashing\u2019 from my shop. You ask me to pass through Mr Edgar Lulu who borrowed from you a K50 to buy Jameson \u2018kachasu\u2019 alcohol. I collect my K500 and your K50. But in my way back I drink the entire K550 at Mike\u2019s Car Wash. Can you accept it when I tell you that, \u2018mwana\u2019 I owe you K50 so give me three years to repay you? No! I may not be arrested for \u2018obtaining money by false pretences \u2019. But this is certainly a civil offence. I should have first given you your K50 and then come to try to borrow, not to \u2018lend\u2019 it to myself and ask you to regularise it as a \u2018borrowing\u2019. This is like raping someone and then ask her father (Magande) to allow you to pay after three years for his daughter\u2019s \u2018short time\u2019 service you enjoyed. Comrade M\u2019membe ought to be fair to HH. President Rupiah Banda tried to arrest M\u2019membe over other issues related to Zambian Airways, HH supported M\u2019membe, saying these are just civil case \u2018failed business\u2019 deals\u2019.<\/p>\n

Second, President HH did not incur this debt. It was incurred by PF era thief-thugs. So why burden HH with repayments? I agree that it is immoral for presidents to incur debts, MISUSE it and then hand them over to next generations, as pointed out by German-American philosopher Thomas Pogge, in his book, \u2018Business as usual: What lies behind the pro-poor rhetoric\u2019 (2010). President Kaunda handed about $7 billion debt, which MMD\u2019s Mwanawasa\/Magande cancelled through HIPC. But PF thief-thugs ate the reserves they found and left a debt of around $11.9 billion to HH to repay.<\/p>\n

Third, comrade M\u2019membe must only blame HH if he also borrows and fails to repay, or leaves no capacity to repay. Let us focus on around $2.8 billion that President HH\u2019s government has borrowed. Finance minister Stumbeko Musokotwane is assuring us that he is borrowing not to waste but to stimulate growth. I would like comrade M\u2019membe to give us indications that these UPND borrowings are really used for growth or not. If he does, I will also join him into demanding UPND to use these borrowings to really boost growth. Because truly, UPND needs to either repay what it borrows or at least leave enough growth to enable repayments.<\/p>\n

But it is not fair to say HH is a crook by deferring PF debts.<\/p>\n

For More News And Analysis About Zambia Follow Africa-Press<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Zambia. Socialist Party president comrade Fred M\u2019membe correctly says President Hakainde Hichilema (HH\u2019s) debt restructuring means that he (HH) has transferred Zambia\u2019s debt payment obligations to his successor (Zambian Observer 17 June 2024). He also correctly predicts that this restructuring could make President HH popular with future historians\/future generations. These will \u2018sonta\u2019 saying, […]<\/p>\n","protected":false},"author":84,"featured_media":61788,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,10],"tags":[233],"class_list":["post-61789","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-parties","tag-zambia"],"yoast_head":"\nComrade M\u2019membe; why can\u2019t HH restructure debt like you tried over your Zambian Airways $1.6 million \u2018debt\u2019?- Austin Mbozi - Zambia<\/title>\n<meta name=\"description\" content=\"Socialist Party president comrade Fred M\u2019membe correctly says President Hakainde Hichilema (HH\u2019s) debt restructuring mea ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zambia\/all-news\/comrade-mmembe-why-cant-hh-restructure-debt-like-you-tried-over-your-zambian-airways-1-6-million-debt-austin-mbozi\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Comrade M\u2019membe; 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