Sata’s dictatorial project directives have made PF govt broke

Dictator president Michael Sata’s government is really running broke with financial resources after exhausting all the money on grand projects meant to appease electorates in various parts of the country in order to win votes, sources at Ministry of Finance and Bank of Zambia have disclosed.

According to sources, ailing dictator  Sata has committed government treasury to so many unplanned and unbudgeted projects through mere pronouncements that were meant to win political support.

“Can you imagine this man was just waking up like God during the creation of the earth and would say I want a road, a stadium, a university, a school, a hospital, a district here and there without consultation with the government treasury and expected those things to merely emerge or germinate like plants using rain water,” sources said.

Sources said Mr. Sata has really put a huge strain on the government treasury and most of those projects may actually never be finished resulting in having a country that will have so many incomplete buildings and roads or some that will be highly compromised due to incomplete or poor construction.

“Can you imagine the Levy Mwanawasa administration working with former finance minister Ngandu Magande that was very meticulous in planning never managed to build a single university in seven years except transforming the already existing Mulungushi infrastructure in Kabwe and Nkurumah Colleges into universities. Mwanawasa only managed to build Mwanawasa (Mbesuma) Bridge along Tuta road and rehabilitation of other existing infrastructure.  But now Sata ordered immediate construction of a multi-billion Muchinga-Miyombe road, about 6 universities, Palabana-Chirundu road project, Mongu Stadium, a number of hospitals and clinics, schools around the country to be done all at the same time,” sources said.

Sources said what Mr. Sata did not realise is that when he was making these political pronouncements such as creation of districts, there were already a number of on-going massive and very expensive projects that government was already contracted such as the on-going Mongu-Kalabo road project which is very expensive as it is almost suspended throughout due to the sand terrain, Bottom and Kasempa road projects, Lusaka ring roads and other urban roads in the country, Lusaka Stadium, plus a number of schools and hospitals that were already on-going which he should merely have concentrated on finishing them first before committing government resources to new and expensive projects.

Sources said what has made things worse for Mr. Chikwanda (Minister of Finance) is that the cost of construction has suddenly shot up because of the removal of fuel subsidies and corruption resulting in most of the contractors demanding and raising their quotations as provisions for amending is normally provided for in tenders depending on the particular project.

“There will be no amount of explaining and gallivanting around the country that will save Mr. Sata and his administration because the fact is government has completely run out of money. Can you imagine close to K10 billion demanded by the Election Commission of Zambia (ECZ) alone for every PF induced by-election and so far, next month the country has four by-elections (Kafulafuta, Solwezi East, Chipata Central, and Mkushi South) where MPs were forced to resign except for Chipata Central which arose as a result of nullification, plus this month’s Feira by-election,” sources said.

Sources said the removal of subsidies was not something that was planned at all and does not even appear in the Finance Minister’s speech to Parliament.

“What you are seeing now is a result of panic because there is no money in the treasury and the nation should actually brace itself for more higher taxes in the next budget (2014) in order to meet some of Mr. Sata’s careless contractual political pronouncements and obligations,” sources said.

Sources said it is so far not clear how government will meet the new salaries and conditions of service for civil servants which are due in September coupled with on-going university bursaries for thousands of students both within and outside Zambia plus government has to spend huge sums of money on Food Reserve Agency (FRA) to buy maize and other produce from farmers and also buy and supply fertiliser to farmers.

“What has further complicated the budget is that consumer spending has drastically reduced resulting in less tax collections by Zambia Revenue Authority (ZRA) plus the massive increase in none taxable incomes through the informal sector such as illegal street vending that Mr. Sata has allowed,” sources said.

Sources said with the high cost of living and doing business, more job losses are expected next year because companies are not selling and making profits plus the price of minerals which has been bringing some revenue for government has also been going down at the international market.

“Perhaps it may be too early to speculate now but the worst might even happen where we may end-up printing more money in order to run the economy resulting in the Zimbabwe style of inflation,” sources said.

The few financial awards and ratings they may be talking about now are a result of previous years of prudence expenditure and economic management under the MMD government and not the extravagance PF government whose results may only show in some years to come.

Sources said major banks such as ZANACO, Finance Bank, Barclays, Stanchart, may also not be willing to further lend the PF government any more money because they are already owed huge sums of money plus interest which is even running over-due.

“The only option now maybe to further borrow money from international market at higher interest rates which may send back the Zambian government into another Highly Indebted Poor Country (HIPC) which the MMD government under Mwanawasa and Magande managed to clear with very bad economic conditions,” sources said.

Sources said it was really up to the Zambian people to raise up and demand for accountability now before it is too late because the future does not look bright in economic management and the painful results of structural adjustments will only be faced by future governments.

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92 Responses to "Sata’s dictatorial project directives have made PF govt broke"

  1. Another Useful I.diot  June 15, 2013 at 10:39

    What do you expect when Rajan Mahtani calls all the shots. Mahtani is involved in Trafigura and diverting Zambian government business like all insurance to his Professional Insurance. All major government accounts are held at Finance Bank with little or no interest paid. All this corruption is draining government funds.

  2. Kelvin Mweemba  June 14, 2013 at 21:49

    The trade mark for Sata is that he makes a mark where ever he has been. He even boasted ” I make a mark wherever I have been” what Zambians don’t seem to understand is that like all liars, sata is a very “clever” man he is cleverer than the most intelligent Kaponya. His weaknes is that he is about to be buried in his own lies and Kaponya gymics.

  3. make boyi  June 14, 2013 at 10:55

    Get your facts straight, Mwanawasa didn’t build the bridge along Tuta road, its the Mwanawasa or Chembe bridge that was constructed from Mansa to the Pedicle Road.

  4. Kazipute.  June 14, 2013 at 06:48

    Bambone,bambone chimbwi afwile intangalalo! Party cadre mentality is very dangerous.Always dancing to the gallery.Appeasement,appeasement,appeasement all over like a drunken baboon buying beer in a bar for everyone on a pay day.In the end the Baboon discovers that he has squandered all the money meant for food at home .We are now in shit because of too many Bye-elections and unplanned projects.Anyway what do you expect from fools with little education!

  5. awee  June 14, 2013 at 04:56

    This is a moment of truth fellow Zambians.We are in deep sh..t!

  6. Samanyanga Crew  June 13, 2013 at 15:30

    Mongolong’ondo! whatever you call yourself….i like your level sobriety on this issues. Most bloggers on this site are just good at insulting. You know what i actually believe that Zambia has enough money for such projects, the trouble is that we have become so ZRA is making per day. However, I am alive to the fact that govt need to be prudent in the management of these resources. OTHERWISE ITS GOOD TO DREAM BIG AS A LEADER REMEMBER HOW MUCH KAUNDA ACHIEVED BETWEEN 1964 AND 1975 WHEN THINGS NOSEDIVED. IF ALL THESE PROJECTS ARE COMPLETED BY 2016…EVEN IF SOMEONE ELSE COMES TO STATE HOUSE, WE WOULD HAVE PROGRESSED AS A NATION IN TERMS OF INFRASTRUCTURE DEVELOPMENT.

  7. Maiko Sater  June 13, 2013 at 14:31

    A responsible citizen shall not sit back & watch politian steal resourses from the poor.
    There is nothing like a perfect politician world over, it is only interventions from responsible citizens that makes them act justly

  8. barotse buffalo  June 13, 2013 at 14:26

    Iwe matosu you have the same comment for every article, give us a break. You want everyone to go in scrap yards? Concerning the looming disaster that’s CNP for you.

  9. mutila stanslous  June 13, 2013 at 14:09

    Well , the comments sound mouthfull but I don’t think its that bad.Let sata committee more resources to capital projects.why shud u be proud of a gvt seating in power for 7 yrs with no spending on educational capital projects?turning mulungushi and nkhruma into universit was just paper wrk and few pronouncements in parliament bt minister even cclaimed allowances by just visiting those places .up to now the programmes re not even fully fledged.we need to expand infrastructure to meet the growing demand.money we have to the extent that some of it being buried .hefty allowances, and selfish ministers.brown envelops from nigeria.

  10. Magwazavi  June 13, 2013 at 14:06

    Ukwa at work

  11. Mapumba fwiiii  June 13, 2013 at 13:26

    WE TOLD YOU!

  12. Andeleki  June 13, 2013 at 13:21

    UKWA-LOGY – AN INDEPTH STUDY OF UKWA’S GOVERNING PRINCIPLES, RESULTING INTO AN HONORARY DOCTRORATE.
    UKWA-NOMICS – BELIEF THAT YOU CAN INCREASE EXPENDITURE BY REDUCING INCOME.
    UKWA-THEOLOGY – BELIEF THAT YOU CAN RULE USING THE TEN COMMANDMENTS LAWS
    UKWA-ISM – BELIEF THAT UKWA IS THE MESSIAH TO ZAMBIA’S ECOMICAL PROBLEMS
    UKWA-METHODOLOGY – CREATION OF BI-ELECTIONS, CREATION OF DEPUTY MINISTRIAL POSITIONS, CREATION OF DISTRICTS AND UNBUDGETED FOR INFRASTRUCTURE
    UKWA – PRINCIPLE – AN ILLUSION THAT DEVELOPMENT CAN BE BROUGHT ABOUT IN 90 DAYS
    UKWALIST – BELIEVER IN UKWA’S PRINCIPALS
    UKWA-BALDISM – THE BELIEF THE BALDHEADED MEN ARE EVIL (IT IS DIFFERENT FROM – PELADOPHOBIA- FEAR OF BALD PEOPLE)

  13. Zion  June 13, 2013 at 13:02

    I am afraid and we still have 3 years with this careless man. My God help us we are in need

    • Kanonga ebo!  June 13, 2013 at 14:37

      Dont panic my friend. The PF are changing the way Zambian view development…there is enough money in Zambia. The infrastructure we are developing will actually contribute to more stability. We will experience a bit of inflation increase, but it will NOT reach the double digits we were used to. Can you imagine we will end the year with almost 7% growth? What is important is life is to ensure that you are looking at the coin from both sides. There is always a negative and a positive. Life is about balancing both. This article has given you one side of the coin…flip and look at the other side and the future is looking bright for Zambia.

  14. simbwindibwi  June 13, 2013 at 13:01

    if you think education is expensive and time wasting, try ignorance!!

  15. nongo boy  June 13, 2013 at 12:59

    Has anyone seen or heard from Sata(n) from the time he came back from Japan?

  16. I Now Work for Govt :)  June 13, 2013 at 12:36

    Can someone interview Storella? LOL!!!!

    • awee  June 14, 2013 at 05:29

      Storella and Thorton are happy as this situation gives them fertile ground to make money for their future generations by offering us debt through the IMF and World Bank.Debt is the only commodity the Western world can sell to us hence disliking Chinese presence on our continent due to the later’s cheap and at times intrest free loans to us.Well calculated move by Storella.Our tears in this case are a sign of fruition of well calculated 'DEAD AID'schemes the daughter of our soil Dambisa talks about which the Western World pushes on us through agents like Storella!
      To us Zambians,shame on us for puting a Chainama case into office.Shame!Congratulations Storella for creating an enabling environment for your future generations to sell the only commodity you have for us .Debt.

  17. Mongolong'ondo Machiyambi  June 13, 2013 at 12:01

    We give credit to you Mr President for your desire to develop the country rapidly according to the many campaign promises you made. Of all the opposition political parties in the past general elections race, you really out-promised all of them. Often times I could not help wondering why those around you could not stop you from making those wild promises as there was no need as the wind of change was already blowing very strongly in your favour. All that is now water under the bridge. But Mr. President you can still salvage the situation by consulting widely on every pronouncement and action taken. Levy promised less but achieved more by simply facing the reality and consulting. Be alive to the fact that there are economic consequences for most of the pronouncement you make. The harsh reality is that the resource envelope dictates how much you can do and you cannot run away from the basic economic problem that faces every nation: limited resources against unlimited needs and wants. in the multitude of counsel, within and outside cabinet, lies your strength.

  18. matosu  June 13, 2013 at 11:53

    Zambian politicians are a joke, please Don’t even waste your time talking politics while others are enjoying their lives with money without politics. See how this Zambian poor woman became a millionaire just by selling accidented cars. Visit the website (accidented cars.com) put all words together , to see the methods she was using to do that. (accidendeted cars.com), a very simple idea but a powerful one

    • Hitman  June 13, 2013 at 13:46

      iwe chi color,stop this accidented nonsense. these are viruses you are promoting. Bang!! Bang !! nigga,watch your back!!

    • Maiko Sater  June 13, 2013 at 14:27

      A responsible citizen shall not sit back & watch politian steal resourses from the poor.

  19. Donvito01  June 13, 2013 at 11:38

    Election Commission of Zambia!!!!lmao

  20. Nshamonako  June 13, 2013 at 11:28

    …..and you only have two equally broke friends, CUBA and SUDAN ! the rest you called them BACKWARD ! hmmmm PF

  21. Scramble for zambia  June 13, 2013 at 11:28

    Step father-ni njoka,ni mfwiti,kawalala,ni wonama step father.potinyengelela,i will sweep zambia,i will make zambia heaven on earth in 90 days-ni boza,ni wenye,ni bufi,ulabeja stepfather-just singing.

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