YUSUF DODIA SAYS ZAMBIA’S FAILURE TO SHIFT FULLY TO A PRIVATE SECTOR-LED-ECONOMY STIFLING ECONOMIC GROWTH
By Michael Kaluba
Private Sector Development Association Chairperson Yusuf Dodia says Zambia’s failure to fully shift from a command to a private sector-led-economy since 1991, has continued to stifle the country’s growth.
Following a persistent fuel shortage in parts of the country, the petroleum transporters association of Zambia recently said government push for a private sector-led-economy has not yielded desired results, sentiments also echoed by sector players in energy and mining.
Mr. Dodia has attributed the identified gaps to Zambia’s insistence on a command economy mentality despite liberalizing the economy in 1991, hindering the country’s transition to a private sector-led economy.
He says while the private sector seems to be technically in the lead, government departments still exert significant control by imposing bans and restrictions that are characteristics of a command economy.
Mr. Dodia in an interview with Phoenix News suggests introspection and demands that Zambia fully transitions to a private sector-led economy, embracing the benefits of competition and innovation.
PHOENIX NEWS
What do you expect from a half muntu and half Indian? Have you ever an economy that is fully led by the private sector? This idyot is dreaming and the sooner he stops his nonsense the better.
Not even Britain or USA have fully led economies so what this half baked economist is saying is pure fantasy. The shit he calling for is just a conduit for corruption and theft by his Indian community.
Please Zambians, we have competent economists of our own like Hijoe Moono, HH, Saasa, etc who should be standing up to such nonsense from these foreigners but they are all quiet leaving the stage to mother fckers like Dodia.