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Zambia : The proposed 24 hours economy in PF Manifesto will create jobs for Zambians-Habazoka


The Economic Association of Zambia president Dr. Lubinda Habazoka says the proposed 24 hours economy enshrined in the 2021/ 2026 PF Manifesto is very important and it will create jobs for Zambians.
Speaking when he featured on the PF Interactive Forum in Lusaka, Dr. Habaazoka said national development is what the country need for it to survive.
Dr. Habaazoka said running a 24 hours economy is what is required to stir economic growth.
He said in a country where the resources are scarce, introducing shifts among workers is a good idea saying this will help the country continue making wealth round the clock.
He said restricting working hours to a particular time is tantamount to limiting the economic activities in the country. ....

Lubinda Habazoka , Edgar Lungu , Economic Association Of Zambia , Foundation For Democratic Process , Pf Interactive Forum , Economic Association , Patriotic Front , Sunday Chanda , Democratic Process , Patriotic Frong , President Edgar Lungu , எட்கர் லுங்கு , பொருளாதார சங்கம் ஆஃப் சாம்பியா , அடித்தளம் க்கு ஜனநாயக ப்ரோஸெஸ் , ப்ஃப் ஊடாடும் மன்றம் , பொருளாதார சங்கம் , தேசபக்தி முன் , ஞாயிற்றுக்கிழமை சாந்தா , ஜனநாயக ப்ரோஸெஸ் , ப்ரெஸிடெஂட் எட்கர் லுங்கு ,

Zambia : EAZ commends Government its continued engagements with IMF


The Economic Association of Zambia (EAZ) has commended the government for its continued engagements with the International Monetary Fund (IMF) regarding the country’s responsibilities.
last week, the government concluded discussions with the (IMF) in relation to Zambia’s request at the end of last year for IMF support under an Extended Credit Facility (ECF).
This follows a virtual meeting which was held from 11th February to 3rd March this year led by the Minister of Finance Dr Bwalya Ng’andu with the IMF delegation, led by David Robinson.
And EAZ president Lubinda Haabazoka hoped that outcome of the engagements will see to it that certain challenges such the uncertainty in fuel prices are alleviated. ....

Lubinda Haabazoka , Bwalya Ngandu , David Robinson , Economic Association Of Zambia , International Monetary Fund , Economic Association , Extended Credit Facility , Finance Dr Bwalya Ng Andu , டேவிட் ராபின்சன் , பொருளாதார சங்கம் ஆஃப் சாம்பியா , சர்வதேச பண நிதி , பொருளாதார சங்கம் , நீட்டிக்கப்பட்டது கடன் வசதி ,

Zambian expert urges developing countries to emulate China's production techniques - World News


2021-02-16 11:56:13 GMT2021-02-16 19:56:13(Beijing Time) Xinhua English
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LUSAKA, Feb. 16 (Xinhua) Developing countries should emulate how China has managed to boost its production capacity which has boosted economic development, an expert said on Tuesday.
Lubinda Haabazoka, president of the Economic Association of Zambia (EAZ), said China has made it possible for developing countries to produce for themselves because the Asian nation has been able to produce cheap production machinery.
Our engineers should be busy copying such machinery in Zambia, he said in a write-up on the performance of the country s economy.
According to him, in order for the economy to pick up, citizens have a duty to get involved in the production of various goods and services and not to leave everything to the government. ....

Lubinda Haabazoka , Economic Association Of Zambia , Economic Association , பொருளாதார சங்கம் ஆஃப் சாம்பியா , பொருளாதார சங்கம் ,

Zambia : Acquisition of the 100 % stake in Mopani Copper Mine by Government wins praise


This analogy is interesting!!! ???
So, Zambia sold Mopani for $20m and $155 annual payments between 2003 and 2007, and today Zambia has bought back the same company for $1 and with that assumed a debt burden of $1.5 billion owed by the company to various lenders, suppliers and so on, this is merely months after the corporate entity declared the mine being uneconomic to run.
My one question is ‘Whose brain was used to think this transaction through?’
Painful as certain things are, the best thing to have done was to let the sleeping dogs lie..
They would have closed the mine, paid off employees and incentivised the spin-off other industries. And the country would not have added to its existing debt burden. ....

Sean Tembo , Lubinda Habaazoka , Mateyo Kaluba , Industrial Development Corporation , Economic Association Of Zambia , Economic Association , Mopani Copper , Economic Progress , President Sean Tembo , Mopani Copper Mine , Executive Officer Mateyo Kaluba , தொழில்துறை வளர்ச்சி நிறுவனம் , பொருளாதார சங்கம் ஆஃப் சாம்பியா , பொருளாதார சங்கம் , பொருளாதார ப்ரோக்ரெஸ் ,