COST LIVING WILL GO UP WITH CURRENT ZESCO TARIFFS – DODIA
FINANCIAL Analyst, Yusuf Dodia, has warned that the current high cost of electricity, is likely to have a ripple effect on the cost of doing business in the country.
Members of the public have recently raised concerns over high electricity tariffs, with many complaining that purchased electricity units are depleting much faster than expected.
Speaking in an interview with RCV News in Lusaka today, Mr. Dodia expressed concern that maintaining the current tariffs will push up prices of locally manufactured goods, noting that electricity is a key input in the manufacturing process.
“Manufacturers of locally produced goods will have no choice but to increase prices in order to meet the cost of electricity,” said Mr. Dodia.
He further warned that the continued policy of commercializing the energy sector in the country is contributing to these challenges.
RCV
Financial analyst Yusuf Dodia and other experts need to fundamentally change the way they analyse Zambia’s economic issues. Most economists and development experts have reduced themselves to commentators who merely issue counter-proposals and speak negatively about every government initiative.
Serious and credible analysts in social and economic policy should do more than criticise. They must offer tangible, practical, and demonstrable solutions that can actually be implemented. Endless criticism without workable alternatives adds little value to national development.
Without sacrifice and deliberate investment, Zambia and Africa as a whole will remain stuck in the same cycle. At the same time, pouring resources into social programmes without driving economic growth in production, industrialisation, and technology will only trap Zambia in poverty and underdevelopment.
Economists, development experts, and engineers must wake up and become practical. The country needs innovative technologies, tested ideas, and realistic solutions, not rhetoric and abstract theories. What we see today is more talk and theoretical posturing than practical measures from analysts and technocrats.
In this sense, education has failed us not because people are uneducated, but because too many educated people including me are failing to translate knowledge into solutions and innovation.
Financial analyst Yusuf Dodia and other experts need to fundamentally change the way they analyse Zambia’s economic issues. Most economists and development experts have reduced themselves to commentators who merely issue counter-proposals and speak negatively about every government initiative.
Serious and credible analysts in social and economic policy should do more than criticise. They must offer tangible, practical, and demonstrable solutions that can actually be implemented. Endless criticism without workable alternatives adds little value to national development.
Without sacrifice and deliberate investment, Zambia and Africa as a whole will remain stuck in the same cycle. At the same time, pouring resources into social programmes without driving economic growth in production, industrialisation, and technology will only trap Zambia in poverty and underdevelopment.
Economists, development experts, and engineers must wake up and become practical. The country needs innovative technologies, tested ideas, and realistic solutions, not rhetoric and abstract theories. What we see today is more talk and theoretical posturing than practical measures from these analysts and technocrats.
In this sense, education has failed us not because people are uneducated, but because too many educated people have failed to translate knowledge into workable solutions.
I fear for our forests and other woodlands
Government must ban all convensional charcoal braiziers which are very inefficient charcoal-burners and quickly adopt innovative ones as those been slowly adopted in Kenya
And how about innovations in clean coal for domestic use.Zambia has large coal deposits that are already attracting investors