Help explain rebased currency – Sata

Sata

Sata

PRESIDENT Michael Sata has directed all Patriotic Front (PF) Members of Parliament (MPs) to visit their constituencies and assist Government in sensitising the general public on the rebased currency.

This is according to a circular from the President to all PF parliamentarians, dated January 3, 2013.

“Would you please make an effort to visit your constituencies and those which belong to other political parties and urge the people of Zambia to change their old currency before the end of June, this year.

“Kindly let me know the difficulties which our people may be facing in this exercise,” the circular reads in part.

The President explained that it was an internationally established practice to rebase a currency during the period of low and stable inflation.

Mr Sata expressed confidence that the rebasing of the kwacha would continue without hindrance.

The rebased currency came into effect on January 1, this year.

Source: Times of Zambia

 

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One thought on “Help explain rebased currency – Sata

  1. SATA CAN YOU HELP EXPLAIN WHY YOUR PF LEADERS ARE BUSY STEALING AND ARE INVOLVED IN CORRUPTION..OPEN LETTER ABOUT THE CONDUCT OF MASEBO

    Sata you have failed the country come 2016 you will be booted out of office .Its not even 2 years in office and your leaders are busy stealing ,First it was Kabimba and Gbm now its Masebo .All involved in corruption .Your silence Sata speaks volumes.Am sure you are enjoying funds from the RDA project no wonder you moved it to State house .You will be booted out of office and prosecuted for abuse of office .Its very sad to see our people suffer while your party continues to break the law .Below an open letter about the conduct of your minister Masebo

    OPEN LETTER TO THE DIRECTOR-ANTI CORRUPTION COMMISSION, ZAMBIA POLICE,HUMAN RIGHTS COMMISSION AND ZAWA INVESTIGATIONS UNIT.
    Dear ACC, HRC, ZPS and ZAWA Investigations Unit.
    RE: (1) ABUSE OF OFFICE BY HON SYLVIA MASEBO
    (2) ILLEGAL HUNTING BY HON SYLVIA MASEBO
    We wish to bring to your attention through this letter some illegal activities by the Minister of Tourism honourable Sylvia Masebo in her office.
    We as ZAWA officers have information that the Minister had a list of preferred bidders for the concessions such as Mr Arsherhood owner of BP station in Lusaka. She tried to influence ZAWA officers to award concessions to operators on her list but the officers professionally decided to follow the laid down procedures. It was only when most of her prefered bidders like Asherhood did not make it through the evaluation process that the minister cancelled the results of tender committee.
    The Minister of Tourism does not have any powers under the current ZAWA Act to cancel the evaluations done by a legally constituted tender committee therefore she has abused her office in doing so. The PF manisfesto as good as it maybe is not part of the Tender evaluation criteria as she claims.
    We government officers follow government policies and procedures and not political party manifestos in implementing our work. The Minister should simply first translate the manifesto into government policies to make them legal for us to follow.
    If you can prosecute Dora Siliya over the radar issue then you should do the same for Masebo. Be fair.
    Secondly, on more than two occasions Hon Masebo has verbally instructed and forced ZAWA DG to hunt animals in the GMAs for various ceremonies without a proper permit. She did this for traditional ceremonies held last year and for commemoration of the World Tourism Days in Lusaka and Livingstone. Our colleagues in Livingstone informed us that she did this in the presence of DC Sensele, Deputy PS Chingi and Town Clerke Chikoti .Mr Sensele even provided fuel to ZAWA for the illegal hunt.
    We as ZAWA officers we were not very happy with this as it was like poaching but we were forced by Masebo and we are ready to testify.You may want as well to look at the issuance of special licenses by the minister Masebo for hunting she give to undeserving individuals without following procedures.
    We are afraid that this evidence may be lost if you do not act quickly as some of it is in her office.We therefore urge you the ACC and the ZAWA investigations unit to investigate this minister on these charges. You will find very cooperative ZAWA and ministry of Tourism officers who can testify as long as you assure us of your protection.What we want is just fairness in the application of procedures.
    Your
    ZAWA Officers

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