We now wait for promised economic benefits following debt restructuring – Fred M’membe
He writes:
Now that they have indicated that debt restructuring is a done deal and that we will see an economic boom, we await the promised economic benefits. The cost of living is very high for our people. Nchiyumu! Vakosa, nafikosa pa ground.
Instead of creating an artificial economy that gives a false appreciating of the Kwacha, the UPND should centre their attention on addressing the real economic fundamentals and issues. They should:-
1. Reduce the cost of living.
2. Reduce mealie meal prices
3. Reduce fuel prices
4. Remove tax holidays
5. Create private sector jobs
6. Allow for real democracy and freedom of speech etc
In short, Zambians want tangible results from the promises that they made.
Fred M’membe
Now wait and see how Fred will be insulted.
Has he stopped telling lies now? What economic development do you expect from a liar? You should be ashamed of yourself. If I were you, I could have started with congratulating him first, but being what you are, you can’t do that. Sata and Mwanawasa reconciled before Levy died, but you, you will die with your hatred of HH.
Citizen, please do not compare Hakainde to Levy or even Sata, RIP. These were great men of the soil that cared for poor people. Selfless leaders.
Limit comparison of Hakainde to ECL alone, his equal in many aspects. Kompo kompo.
Vote wisely in 2026.
You will be waiting for a very long time. Nothing will change.
Things will just get worse. A lot worse, I am afraid. Do not be fooled by the fake gains of the Kwacha, it will not last, and I always tell you this. We do not have anything right now that can sustain economic growth in the short to medium term.
Our president is not designed to consider the dire plight of citizenry. It is just not in his DNA makeup.
The message for anyone expecting miracles is to forget Hakainde’s promises and knuckle down yourselves otherwise you will suffer a lot. He is not known for keeping his word.
Vote wisely in 2026.
Shame shame Fred…just wait. HH will render you politically bankrupt just like Lungu dealt with you and your Post. Your sponsors are mis informed. Those types of politics don’t work in Zambia……wanyala prophet of doom.
What has Fred M’membe benefited from studying Accounting, Journalism, Law and Economics in terms of what position to take on public issues? M’membe is the one who should have been telling ordinary citizens how the sale of 51% of ZCCM-IH’s shares in Mopani Copper Mines to a private party does not violate the Zambian constitution; instead he went along with Peter Chanda of the UPPZ and the PF’s Brian Mundubile to tell downright lies. There are no state-owned shares in Mopani Copper Mines; there are only ZCCM-IH shares. State property and ZCCM-IH property are not the same thing at law. The state in Zambia may own controlling interests in ZCCM-IH but it holds no shares in Mopani Copper Mines because.
The man’s statment here is fair, let’s wait and see. I still feel that those banking on poor economy as their main campaign song will not have much to sign in the next one and a half years. Yes things may feel bad but the fundamentals are being put in place and the future outlook is good. The economy just before the elections was like a healthy looking man walking yet his blood sugar, cholesterol level s and BP are high , he could fall and die any time. The economy is like a a man who looks stickly but his blood sugar , cholesterol levels are normal.