Lungu is just posing for photos in Abu Dhabi – Panji

Lungu is just posing for photos in Abu Dhabi – Panji

By Rick Nchito
Former deputy minister in the Michael Sata administration Panji Kaunda says it is wishful thinking for Zambians to expect any investment from the United Arab Emirates (UAE) where President Edgar Lungu is.

And Kaunda says the nation’s entire system is broken down posing a serious danger to the country’s development plan.

Kaunda who was Defence deputy minister, Transport Works, Supply and Communication deputy and Home Affairs deputy minister said it would have been better for the Head of State not to have had travelled at all.

“In the midst of austerity measures, you don’t expect the President to undertake such trips which we all know won’t bring any investment here,” said Kaunda.

“It is wishful thinking for Zambians to expect any investment to come from Abu Dhabi especially with the nation’s current economic uncertainties.”

Kaunda further mocked President Lungu that he will only come back home with pictures and not any investment that answers to the nation’s current challenges.

“So like I have already stated, there is no investment which will come from Abu Dhabi. The President just went there for photo shooting and nothing else. Only photos will come from there,” he said.

“Where is the cheap fuel from Saudi Arabia which government had promised Zambians? Where is that goat business which Zambians were made to believe was real? Where are those jobs our youths were promised to undertake in Saudi Arabia? So you can see when I say there is nothing that will come from there.”

And Kaunda said it is very difficult to attract investment to Zambia at the moment because of a number of factors.

“If you look at our economic environment, it is extremely difficult to attract serious investment from serious people. The weak Kwacha, a nasty power deficit and our inconsistence in many policy measures are some of the things which just discourages investors from coming to Zambia,” he said.

“But above all, it is our broken systems which completely puts off investors.”

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COMMENTS

WORDPRESS: 9
  • comment-avatar
    Don Phiri 6 days ago

    Poverty mind!

  • comment-avatar
    Don Phiri 6 days ago

    Politics make lairs of us all.

  • comment-avatar
    Ramesh Desai 1 week ago

    Leadership must seriously address sectors unproductive , Discipline monetary spending & followed by audited accounting !.Be serious, stop promising hopes and rather create enabling environmental to attract External investors. Failing to honor borrowings will certainly be a tragedy and adverse impact on Zambian kwacha exchange Rate !?

  • comment-avatar
    Lungu a joke 2 weeks ago

    This is what it means to have no vision bane. Mafontini villagers from the cb without plan in the presidential seat. Lungu is a joke!!!!

  • comment-avatar

    The president and his team even took off shoes.

    • comment-avatar
      Nyambe the Hero 1 week ago

      The president and his team even took off shoes.

      That is mandatory when you visit a mosque. Women have to be fully covered as seen in the photo.

      If this was a named opposition leader people like Pukuta Mwanza, Sunday Sinyangwe and Martin Malama would claiming it is a ‘satanic’ plan to turn the country into an Islamic state or the named politician is part of ISIS the terrorist group.

  • comment-avatar
    Munene 2 weeks ago

    Same old thieves being praised….!! Panji, please retire peacefully…! Where you not part of the cabinet that got a chain of loans that have put us to where we are today? You want to sound clever now just because you are out of the system? Only shallow minded blind followers can believe people like you, masebo and kambwili…just to mention a few..

    • comment-avatar

      Munene: Panji wasn’t a Cabinet minister whn he served in government. He was a deputy minister and there’s a world of difference. Let him hv his say the way he sees things.He doesn’t hv to be believed by u to hv the right to say something. And Panji left government service scandal-free.

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    Ian Manning 2 weeks ago

    Panji, spot on. Lungu must go: Soon. Zambia has the customary areas. Developed countries are without such blessings where the people, God and nature are welded together. Build on this.