Fred M’membe is on long and shortlists of Zambianswho borrowed money and did not pay back- Laura Miti

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Laura Miti
Laura Miti

Laura Miti writes…

Socialist Party President, Fred M’membe, is finding himself on long and shortlists of prominent Zambians, who borrowed loads of money from multiple institutions, and did not pay back.

We all know how, leading the Post, Dr M’membe, by not paying taxes, gave the PF the legitimate excuse to implement the politically motivated liquidation of the newspaper.

Man, comes across as highly financially indisciplined, doesn’t it? Wanting the runaway profits that come from not paying bills.

That unfortunately is a very Zambian disease. Borrowing with no intention or capacity to pay back, not paying workers their fair due – generally avoiding all payments one can sidestep.

It’s not only the country that needs to reconsider its debt appetite, and live with in its means. It’s its citizens and many leaders.

Ma show. Ndiye problem. Happy to drive the latest cars, take kids to the fanciest schools, take holidays abroad, generally throw money around – all this by digging deep debt holes.

7 COMMENTS

  1. Mama Laura eeeeeh, Sosa, Sosa, sosa icalo cilekumfwa.
    Thieves are regrouping to come and continue from where they left looting the country but never in the history of this country must we allow them again
    Zambians let’s rally ourselves behind HH7 and fight them as we did in 2021

  2. They are all claiming to be very wise and they
    Claim to be with the Zambians struggling
    With economic hardship and yet they created
    What we are into.

  3. Please expose this useless and most dull political idiot called membe. A criminal trying to to show Zambians that he knows a lot. This chap is useless to the bone.

  4. Just amend the Bankruptcy act the way the act on bouncing cheques messed some loud mouthed politicians who occassionally come up with eloquent english that makes no sense had to leave cabinet.
    Chaps dont like to work hard and think antiques like debt saddling is savy and working smart…ba ka bwala mu Hummer….

  5. Mwe bantu! Iyeee! That’s why they are talking the loudest in order to cover the truth under the sand? We Chalo we!

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