Uzi maalum wa kupeana Likes: Comment chochote upate "Like"

antimatter · Apr 28, 2021

"But we are not told that the debt repayment is set at this percentage and if you fail to pay this percentage, we are going to be in trouble.”

antimatter · Apr 28, 2021

Turning her focus back to Zambia, Dr. Mumbi highlighted yet another problem with the loans—the lack of capacity by the country’s Ministry of Finance to track government spending.

antimatter · Apr 28, 2021

She noted that since President Edgar Lungu came to power, Zambia signed off on to at least US$8B in Chinese projects.

antimatter · Apr 28, 2021

But over US$5B is still to be added to the US$8B total.

antimatter · Apr 28, 2021

Zambia is refusing to acknowledge this, saying that the money has not been disbursed as yet.

Angel Nylon · Apr 28, 2021

Good morning. Good day [emoji257][emoji120][emoji3590]

antimatter · Apr 28, 2021

China, however, said that the money has already been given and more large loans are in the pipeline.

antimatter · Apr 28, 2021

According to Dr. Mumbi, there is great worry over the money collected since the Zambian Finance Ministry does not have the capacity, to police, let alone trace all the spending.

antimatter · Apr 28, 2021

"And because these deals are done in secret, the financial penalty of backing out of these projects are worse than if you actually go through with it to the end,” the host added

antimatter · Apr 28, 2021

In spite of the capacity issues, the talk-show host revealed that Zambia’s President, Edgar Chagwa Lungu, recently visited China and signed another US$30 million loan for the modernization of his country’s Mulungushi International Conference Centre and another US$30 million for the expansion of the electricity supply for the Lusaka East Multi-Facility Economic Zone

myoyambendi · Apr 28, 2021

antimatter said:
In spite of the capacity issues, the talk-show host revealed that Zambia’s President, Edgar Chagwa Lungu, recently visited China and signed another US$30 million loan for the modernization of his country’s Mulungushi International Conference Centre and another US$30 million for the expansion of the electricity supply for the Lusaka East Multi-Facility Economic Zone

Duh.....!!

El murjeb · Apr 28, 2021

antimatter said:
In spite of the capacity issues, the talk-show host revealed that Zambia’s President, Edgar Chagwa Lungu, recently visited China and signed another US$30 million loan for the modernization of his country’s Mulungushi International Conference Centre and another US$30 million for the expansion of the electricity supply for the Lusaka East Multi-Facility Economic Zone

[emoji849][emoji849]Mwenzako akinyolewa,,,,,,,

El murjeb · Apr 28, 2021

Kgothalo · Apr 28, 2021

Shimba ya Buyenze · Apr 28, 2021

Shimba ya Buyenze · Apr 28, 2021

Shimba ya Buyenze · Apr 28, 2021

El murjeb · Apr 28, 2021

SHIMBA YA BUYENZE said:
View attachment 1766444

[emoji23][emoji23][emoji23]maBro tulindane

Shimba ya Buyenze · Apr 28, 2021

Big sis duties

Shimba ya Buyenze · Apr 28, 2021

[emoji51][emoji51][emoji51]

Uzi maalum wa kupeana Likes: Comment chochote upate "Like"

JF-Expert Member

JF-Expert Member

JF-Expert Member

JF-Expert Member

JF-Expert Member

JF-Expert Member

JF-Expert Member

JF-Expert Member

JF-Expert Member

JF-Expert Member

JF-Expert Member

JF-Expert Member

JF-Expert Member

JF-Expert Member

JF-Expert Member

JF-Expert Member

JF-Expert Member

JF-Expert Member

JF-Expert Member

JF-Expert Member