Thursday, March 28, 2024

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

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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.

” Converting an economy to a 24 hours economy, will create jobs for citizens and it will enable those who have the capacity to work at night to do so,” he said.

Meanwhile Dr. Habaazoka has welcomed the latest Fitch rating because it shows the positive economic outlook of the country.

Dr. Habaazoka said one of the conditions used for rating was the stability of the local kwacha.

He said Zambia did not default its debt liability and this provided confidence among the creditors.

Patriotic Front media director Sunday Chanda
Patriotic Front media director Sunday Chanda

Meanwhile, Patriotic Front media director Sunday Chanda has condemned the Foundation for Democratic Process (FODEP) for questioning why the Patriotic Frong (PF) has launched another manifesto for the period 2021-2026.

Mr Chanda has described FODEP’S position as undemocratic adding that it is a well known fact that every political party has to renew their social contract with the Zambian people.

“We find the reasoning very erratic and worrying for an organization meant to champion democratic processes and tendencies in this country” he said and emphasized that every political party should have a manifesto as they go into an election.

He has since invited FODEP to track the promises PF made in every sector and mark it based on the successes which have been achieved so far.

Mr Chanda who has described the manifesto as homegrown said it is worrying and strange for FODEP to question why a manifesto should be launched when they know its importance.

As he acknowledged that the PF’s 2016-2021 has had setbacks and challenges, Mr Chanda, therefore, challenged FODEP and other stakeholders to have a ‘sense of responsibility and be objective in their criticism and give credit were it is due.

“Where we stand, ours is a balanced scorecard, we can go to the Zambian people and say this we promised and this we failed to deliver.We will be courageous enough, magnanimous enough to acknowledge our shortcomings” he said.

He said the PF has done very well in many sectors based on the manifesto but has unfortunately not been appreciated or acknowledged.

“Mr. Chanda cited the recent upgrade of Zambia by FITCH as not having received any commendation or even appreciation from stakeholders like FODEP, other civil society organizations, and even from the UPND.

He however recalled that when Zambia was downgraded, the same stakeholders who said a lot even against the economy and President Edgar Lungu are quiet now and want to pretend that there has not been an upgrade.

34 COMMENTS

  1. The most attractive part of this PF manifesto ” is the running of a twenty four hour economy ,” I am personally impressed by this write up for next PF government we have already seen that they are ready to do what they promised us, we have all witnessed the empowerment funds being freely given to citizens what else can we say.
    If you don’t know who can help you in your times of need don’t waste time just look at how he treats you if he treats well in your times of need be assured when you have problems he will be there for you.

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  2. Sunday Monday its simple,whenever are downgraded every Zambian feels it but when upgraded Zambians never benefits from that nonsense.
    As for Lubunda I think the man’s brain has gone into her stomach thereby mixing with waste.

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  3. Unless you are pretending or you are one of those who have Free access to the finance of the country, then you can can say PF party has done well in their ten years in power. Few employees both in government and private sector are enjoying their pay because of the highest cost of living brought about poor leadership of the Patriotic Front party for the last ten years.
    My vote is my power

  4. The Fitch upward rating for Zambia came at a time when opposition did not expect it. Zambia did two things to get there: Local creditors were honoured and paid off; external debt was restructured and postponed so she does not default, and drawing a formidable IMF bail out plan.

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  5. Why not “kusontapo”? Can’t PF point to the successes and failures of promises made in the 2016 Manifesto? Can’t PF sonta successes in these economic variables. PF promised People money in their pockets but the Money never arrived. Jobs were promised but are not there. People are suffering from inflation (23%), prices of Consumer goods have skyrocketed, People cannot afford to buy basic goods, the Exchange Rate depreciated by more 500% etc. The Economy is in a mess and PF has no clue on how to fix it. Team HH aka Bally will fix it with his Literate Economic Managers. ECL and PF “ku wire”. On August 12 Zambians must vote wisely and get rid of these Corrupt PF looters.

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  6. This retard is another prostitute of convict lungu.

    I wonder under what thesis did he get a PHD that too from Russia.

    24hr economy my foot. All that convict has done is gotten rich with his minions and has mortgaged Zambia in perpetual eternity

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  7. Habaazoka must have received some “empowerment” aka BRIBE otherwise he would not have lied through his teeth as he has done now. 24 hours economy? How? With 10 hours loadshedding every day? Under what stone has this guy lived the last six year???

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  8. Zambia currently does not have load shedding. It ended December last year. That’s a fact.
    When our Indians and Chinese were working on Lusaka and Copperbelt roads, they employed 24/7 (24 hrs-7days/wk) work system by employing flood lights for night shifts. Their project schedule was always in time.
    Toll gates, hospitals, ATM’s, mimes, and manufacturing currently do 24/7. If this system becomes government policy all will benefit.

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    • Mulongoti, the Drs speech, if LT has not missed out sections of his speech is not clear, the question is which sectors of the economy is he talking about ? You referred to ATM and Toll gates, there is mobile banking now, so ATM does not add any economic value, As for Toll gates most of them are on the outskirts of cities if you look at Lusak for example there probably 4 or 5 tollgates on routes going out of Lusaka, buses do not travel at night.Most private travellers travel during the day, though a few still travel at night. unless you are suggesting to have tollgates on every street in Lusaka.
      In my view the Dr or is it LT have not given us detailed analysis to be able to agree or disagree with his assertion. What he should have done was to identify sectors that would support the…

  9. If we are even failing to pay workers just for working 8 hours a day, where is the money going to come for three shifts. And which company is going to work 24 hours a day when they are even failing to sell products manufactured in 8 hours whereby some days they even have to send employees on forced leave.

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  10. Dr , having a 24 economy is not a problem. I am having a difficult time to see sense in what he is saying without seeing his full speech. Any economy doesn’t exist in a vacuum, there should be demand and supply. Dr Explain the economic activities that will be done in 24 which we do not already do? The mines, Zamefa, Zesco, most manufacturing companies operate 24 hours. Are suggesting that bars, marketers, retail shops should remain open for 24 hours when customers have gone to bed? His suggestion is based on developed countries like America, new York the city that never sleeps. Economy is driven by supply and demand, if there no demand there no supply. Basic economics iyo nomba awe sure

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  11. Look at dunce even after all these years of telling people that debt was sustainable he comes on here without shame.

  12. NOT EVEN A 24 HOUR ECONOMY WILL SOLVE OUR PROBLEMS WITH THE CURRENT GOVERNMENT
    IT IS ALMOST AT A POINT OF NO RETURN
    CHANGE IS NEEDED

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  13. Any move thay aims to incresse employment is welcome. But 24 hrs to produce and sell what? Apart from mining and afew others like ATMs, what goods or services are in such a high demand to warrant 24/7 shifts? Maybe beer and prostitution, God forbid.

  14. Thank you for your positive words my brother habazoka. We need to have dinner with our families again soon. Your beautiful wlfe makes some nice Russian food. I am fond of Russian cuisine. We will celebrate in style when we win in August. We popping champagne

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  15. TALK ABOUT A 24HR ECONOMY WHEN YOU HAVE LIMITED THE ENGINES OF THE ECONOMY (TRANSPORT) FROM OPERATING 24HRS. TRADERS CANNOT OPERATE 24HRS AS THEY HAVE TO STOP MOVING AT 20HRS WHEREVER THEY HAVE REACHED. ITS JUST A SHAME FOR THIS COUNTRY

  16. Habazoka. Russian trained economic agent for the Russian government in Zambia. Zambians wake up. What do you think his wife does? Hahahahahaha. Have you seen a Russian trained economist do or say something that works any economy? Habazoka is a worst of time to UNZA or Zambia as a country.

  17. We have a lot of paper tigers , good at writing manifestos, producing marginal output from production point of view. Anyone can write a good and beautiful manifestoes which translates almost nothing in practical terms. Some of these DRs. should learn to keep their mouth shut if they are not specialize or have no knowledge. These guys have never seen miners working night and day. What good benefits have miners received and how much has the government received in terms of taxes?

  18. We have experienced a party in power that does not practice what they preach. That manifesto was done simply because it is a requirement, not their vision.

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