Find us on Google+

Sunday, 23 August 2009

Parastatal Madness, 9th Edition

Further evidence on the extent to which government debts are crippling critical institutions. The Eastern Water and Sewerage Company (EWSC) has revealed that government owe the company K2.6 bn in unpaid water bills. Private institutions and individual customers owe an additional K1.4 bn. According EWSC the debts date as far as back as August 2004 leading to lack of funds and poor service delivery by the company.

1 comment:

  1. I wasn't sure where to put this, but anything labeled "Madness" seemed appropriate. For once the Post has understated the case, ‘Implementation of NGO bill could taint Zambia’s image’, because there is no "could taint" in this equation, there is no doubt but that passage of this bill in the midst of multiple corruption scandals extending to the highest levels of government will taint Zambia's image. It has already been all but impossible to convince progressive capitalists that Zambia is among the best destinations for money used in a way that doesn't make strong men weep, with this there will simply be no way. MMD is guaranteeing that the only FDI interested in the Zambian market has no responsible dimension whatsoever -- just pure pursuit of the almighty dollar/yuan and no inconvenient questions about the welfare of citizens. Capital can move freely across borders, as long as nobody wonders exactly which hands it goes into. Convince most everyone in a place with too few jobs that their biggest enemy is free movement of labour across borders. Force them to compete for the lowest global wage as a result. Seems likely to persist as long as votes continue to be sold on the cheap.


All contributors should follow the basic principles of a productive dialogue: communicate their perspective, ask, comment, respond,and share information and knowledge, but do all this with a positive approach.

This is a friendly website. However, if you feel compelled to comment 'anonymously', you are strongly encouraged to state your location / adopt a unique nick name so that other commentators/readers do not confuse your comments with other individuals also commenting anonymously.