HAAAA: DR MUSOKOTWANE SAYS FUEL WAS CHEAP UNDER PF BECAUSE THEY WERE NOT PAYING SUPPLIERS
The reasoning within UPND leadership baffles me to the extent where I start wondering what they were really studying or went to do at the universities.
I say this because if for instance, you get a bus on loan and bus fares are fixed between RTSA and the Public Passenger Transport Drivers Association of Zambia, how does that affect bus fares? Does it mean if you default on paying back the loan, then bus fares will drop? I am struggling to understand the Minister of Finance’s explanation that fuel was cheap under PF because they did not pay suppliers!
I think the opposite should have been the case. You default on your credit terms, penalties kick in, and you have to price higher to take account of penalties on the loan you obtained.
That is the problem when you are not honest and performing, and want to pass the blame on someone else to divert attention from your failure to deliver on your promises. Is this not illogical economics? May be I am missing something?
Another example is if you get a mortgage, build a house, and rent it out, will the rentals become cheaper when you stop servicing the mortgage? “What has breaching credit terms got to do with the price of fish”? In other words, what has the rental market prices got to do with breaching your mortgage terms?
Another dimension is why the suppliers of fuel continued supplying when they were not being paid. Logic dictates that some form of agreement must have been reached on how the arrears were going to be liquidated. Otherwise, the suppliers would have cut off supply.
In conclusion, just admit your failures and ask for help or at the very least, take heed of the advice of your opponents, no matter how much you may not like or agree with them.
I have six months arrears on my ZESCO bill, but the tarrif has remained the same until the recent increment. Can Dr Musokotwane explain, please, because using his logic, then the tarrif should have dropped.
We know you’re stuck so listen when we advise because we mean well.
Fred M’membe
President of the Socialist Party
Tell Musokotwani that PF never paid suppliers for the fuel they got SO they can fix the price as low as they wished.
Afuledi Matako, stop yakumbuyo first then you’ll understand!!!
This evil demon also is frustrating, no wonder why such people are even given space to just vomit rubbish.
To him there’s nothing good that will come from UPND but only from his friend Lungu and Milingo Lungu the hard core sipoyilaz.
Yaaa, it’s too much of this evil man. Surely a noble person can surely support the PF for getting products on credit and pushing all payments on promissory notes- bonds with interest to 2023 knowingly? talk of fuel, fertilizer to mention but a few.
Awee. Aikona man.
Bushe ubupa kuti bwachila apa? Just accept that fuel is very expensive under Upnd because of deals! You have given business to import fuel to your friends and you know better what is actually going on. This same Musokotwane told the country in 2021 that Upnd government was closing Indeni because it was very “expensive” to maintain Indeni, hence the more reason fuel was very expensive in this country (in 2021). So imported fuel finished products would be “cheaper”! Innocent people lost jobs at Indeni because of selfishness in Upnd.
Then why is the Price of the Mast increasing from the Price of the Post in 2001? Did he increase the Price to Pay ZRA or InvestTrust loan?
Just applying the same logic he is suggesting…
Musokotwane seems to have studied politicking in the university and not economics.
Bo Fred Mmembe, you are in business and can you tell us if your business pricing of your commodity is the same or you have dropped it from K10 – K5/ Mast newspaper because you want to help many Zambians. Don’t remind me that newspaper is only for elite, but remember that it is used as toilet/tissue, in chicken runs, covering books by school children, smokers, drying of kapenta, making fire on charcoal etc. so you can see that it’s not only readers but almost every one.
My point is you pay tax- ZRA, printing, news writing etc and you want to keep the users cheap by subsidizing it. You please be our example in selling a newspaper at K3:00 in order to help your citizens kaili they are suffering. When you do this people will say true bwana Mmembe has a strategy and his socialist party will deliver Zambians from hunger and we will vote for you Sir.
NB:In 1977, ba Kapwepwe tried to bring cheap fish on the market selling 20 ngwee per bream – makobo, I remember we used to enjoy and said he is such a good man we wanted. Unfortunately he was kicked by KK and his UNIP party cadres.
I will reduce fuel pump prices to K12 from K15 because PF middle men are stealing said the Great Leader! We will remove all thieving PF Criminals from the oils supply chain!
We will convert the the TAZAMA Mafuta Oil pipe line so that we get finished products which will significantly reduce fuel pump prices..$100 million cool cash , easy money spent to flush the pipeline!
We will invest in Angolan Petroleum Refinery under construction so that we get Cheap Angolan Petroleum Products ( Cheap Fuel coming from Angola, screaming headlines from the sick Daily Mail and Times of Zambia) . Investing in an Angolan Refinery when you have closed your Indeni??!
We will blend the Petroleum Products so that we make the fuel pump prices cheaper!
It’s the PF permanent secretary responsible for the high prices of Petroleum Products. We will replace him with a more seasoned energy expat! And prices will come down
It’s the ERB Board Chair person and his CEO, we will….
We will and we will…..says the Great Leader
Meanwhile Petrol is at K37
And here comes the Ministry of Finance with the latest. Fuel was cheaper under PF because they were not paying suppliers! 10 years of PF government, and you don’t pay Suppliers???
And Mealie Meal was cheaper too
Even Electricity…Even cars, Tomatoes, cooking oil, Bread , onions…and well everything was cheaper under PF!
Come on ba Musokotwane! Running out of ” We Will ” antics.