by Abraham Kalito on 20 Jun 2018by Zondiwe Mbewe on 20 Jun 2018by Mirriam Chabala on 20 Jun 2018by Sipilisiwe Ncube on 20 Jun 2018
- Goal Diggers
by Mazuba Muleya on 11 Jun 2018by BBC Sports on 9 Jun 2018by Mazuba Muleya on 24 May 2018by Abraham Kalito on 17 Apr 2018
by Abraham Kalito on 20 Jun 2018by Stuart Lisulo on 20 Jun 2018by Joseph Mwenda on 16 Jun 2018by Stuart Lisulo on 15 Jun 2018
by Zondiwe Mbewe on 20 Jun 2018by Zondiwe Mbewe on 19 Jun 2018by Zondiwe Mbewe on 18 Jun 2018by Zondiwe Mbewe on 14 Jun 2018
- Editor's Choice
by Percy Chanda, UPND on 15 Jun 2018by Elias Munshya on 11 Jun 2018by Akashambatwa Mbikusita-Lewanika on 31 May 2018by Chibamba Kanyama on 25 May 2018
by Diggers Editor on 20 Jun 2018by Diggers Editor on 19 Jun 2018by Diggers Editor on 16 Jun 2018by Diggers Editor on 14 Jun 2018
by Felix Kashweka on 30 May 2018by Sipilisiwe Ncube on 24 May 2018by Sipilisiwe Ncube on 15 May 2018by Felix Kashweka on 14 May 2018
- Guest Diggers
by Sishuwa Sishuwa on 18 Jun 2018by Sishuwa Sishuwa on 15 Jun 2018by Muleya Mwananyanda on 15 Jun 2018by Sishuwa Sishuwa on 11 Jun 2018
ZACCI fears govt will favour foreign investors in re-developing idle assetsBy Abraham Kalito on 13 Jun 2018
The Zambia Chamber of Commerce and Industry (ZACCI) has challenged government to prioritize Zambian investors in the award of contracts to re-develop ‘wasting and idle assets.’
Works and Supply Minister Felix Mutati disclosed, Sunday, that the level of competition among local and international investors willing to re-develop “idle and wasting” assets is already high.
Mutati outlined that his Ministry has so far received strong interest from companies from various countries such as South Africa and Japan, following that initial market sounding at Government Complex last week.
This comes in the wake of government’s intention to re-develop five properties in Lusaka, including, Herbert Young Hostels, located next to Pamodzi Hotel, and Jacaranda Primary School, among others, because they have been deemed to be idle and wasting assets.
Reacting to the move, however, ZACCI president Michael Nyirenda wondered why government usually prefers foreign companies and investors when it comes to awarding of tenders.
He said local investors are fighting bureaucracy because government has heeded to the Biblical verse which says: ‘a prophet shall not be respected in his own country’ and used it in the awarding of tenders.
“It’s a very sad development for us Zambians that government prioritises engaging foreign developers, instead of a local one. The question we usually ask ourselves is: why doesn’t the Zambian government want to make Zambians rich? I always wonder why we are afraid, as a nation, to have local developers or to prioritize the local investors when developing these assets. Why are we afraid to create millionaires? Government is focused on picking foreign competitors and not our own foreign competitors, because our competition [is] the bureaucracy. They are the ones who are even discouraging you, instead of encouraging you to participate in these investment opportunities. That is what is happening. So, the moment we don’t change that culture, we will never have meaningful development. I always wonder why is it a culture issue? Is it a jealousy issue? That you don’t want your locals to be the major beneficiaries? It’s like this Zambian government has heeded to the verse in the Bible, which says that, ‘a prophet is not respected in his own land.’ It’s like it’s very true in Zambia than anywhere else,” Nyirenda told News Diggers! in an interview, Tuesday.
“Because, if you bring two investors, a local one and the foreigners, government would believe more in the foreigners even if we presented the same proposals with the same words. A foreigner with a similar proposal would win the tenders. So, my appeal to government is please give major priority to Zambian developers when awarding these contracts to redevelop idle assets. Because I usually look at that, is it a cultural issue or is it because we don’t believe in ourselves? They should put Zambians first in whatever sector whether be in mines, be it construction, we should come first. We shouldn’t even be talking about 20 per cent given to Zambians, we should be talking about 100 per cent! We should be doing things ourselves. Zambians are not given chances; I have seen several construction where there are no Zambians. So, if a similar construction is to take place, how are Zambians going to carry it out if they are not given chances? It’s impossible.”
Nyirenda also wondered how the local citizens would benefit from the redevelopment of idle assets.
“This kind of development has always raised questions. If we are going to develop any model, I know that we have had the PPP (Public and Private Partnership), but it’s not been operationalized because government has changed it. Initially, when you look at the Act, it supposed to have government and the private sector running the PPP together. What has happened in the past in that you run the programmes. Now, here is a scenario: you want to run a PPP project, and yet you expect the private sector to participate, but then you don’t engage them. So, then, how are you going to perform? Because then it is going to be hard if there must be some level of competition. If you are going to buy tomatoes, you should compare when it’s Shoprite, whether its Pick ‘n Pay or the market where you will buy tomatoes,” said Nyirenda.
“You need to know the face value of these tomatoes. The same goes for these projects. We need to be very clinical in that we might be made to spend much more money than we should have. But they must also ensure that the redevelopment of these assets are as transparent as possible. The PPP Act itself is supposed to involve the private sector. What offers is government giving to the private sector in the country? There must be good offers. Without such engagements with the private sector, it is very difficult to see meaningful benefits for our investors. So, I think we need more engagement and more transparency so that when the development process finally takes off, no one cries foul. All this must be taken into account.”
About Abraham Kalito
- Munkombwe selflessly served Zambia – Lungu - 20 Jun 2018
- Rising copper price will increase job creation – Musukwa - 20 Jun 2018
- PF will win 2021 because people are hungry – Sinkamba - 20 Jun 2018
- Govt reiterates firm action on climate change - 20 Jun 2018
- Toll gates have generated K2.2bn since 2013 – Mwanakatwe - 19 Jun 2018
Subscribe for email alerts
Weekly Most Digged
ArchivesJul0 PostsAug0 PostsSep0 PostsOct0 PostsNov0 PostsDec0 Posts
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
The News Diggers
Deputy News Editor
Plot No. Lus/9812/649-MC8
off Alex Chola Road
P.O. Box 32147
Telephone or WhatsApp:
+26-097-7708285, 095-3424603, 096-5815078
diggers [at] diggers [dot] news
editor [at] diggers [dot] news
Send this to a friend