Tag: Zambia national debt

Resurrecting INDECO: 6 reasons why this is a bad idea

Post author By Chipo Muwowo
Post date January 5, 2014
2 Comments on Resurrecting INDECO: 6 reasons why this is a bad idea

If Zambians needed any further evidence that the Patriotic Front government is taking more than just a leaf from the Kenneth Kaunda school of thought, then here it is. It has recently announced that it is looking to resurrect the Industrial Development Corporation (INDECO), a defunct state-owned conglomerate

Tags INDECO Patriotic Front, INDECO Zambia, Michael Sata INDECO, Zambia economic history, Zambia economic policy, Zambia national debt, Zambia PF economy, Zambia private sector

My Collection

“More money in your pockets” was never about economics but politics.

Post author By Chipo Muwowo
Post date October 14, 2013
No Comments on “More money in your pockets” was never about economics but politics.

Finance Minister Alexander Chikwanda presented his 2014 Budget Speech to Parliament last week. The Zambian Economist commented afterwards: “The public-wage bill will account for 53% of government revenue in 2014. The definition of government spending out of control. How can we develop as a country with this sort of economic folly?” Fiscal indiscipline has gotten us into […]

Tags Alexander Chikwanda Budget, President Sata, structural adjustment programmes Zambia, Zambia Budget 2014, Zambia HIPC, Zambia IMF, Zambia national debt, Zambia PF economy, Zambia PF election 2011, Zambian Economist