Comments on: Delays to Appoint Bank of Zambia Governor Affecting Injection of Capital

By: Chimbwi

Chimbwi — Fri, 16 Dec 2011 11:02:25 +0000

I agree totally with Chapman , well done my friend .
I would further add that there is no place for tribalist comments in modern Zambia , If a person has being given a post by President Sata it is because of merit not tribe. Read the backgrounds of Minister Chikwanda and Deputy BOZ governor N’gandu before you judge these very capable and able men . GDP

Growth in Zambia is 6.9% in the UK it is a pathetic 0.5 % , …… not doing too badly are they ? ? ?

By: People's Party

People's Party — Thu, 15 Dec 2011 17:37:58 +0000

In reply to Caf-u.

Your ignorance displayed wake up Jacko

By: CHARACTER ASSASSIN 00

CHARACTER ASSASSIN 00 — Thu, 15 Dec 2011 16:15:27 +0000

@ALL CRITICS- A central bank’s roles can be performed by the two deputy governors. Are you claiming that monetary policy has gone astray, I do not think so. And you must know that Caleb Fundanga’s ability to make decisions was compromised. His wife stood on an MMD ticket. The central bank also clearly acted as a clearing house for MMD’s revenge tactics on Mahtani.
I know that Ben Benanke and Sir Mervin King have operated in different administrations but then you see, in developed countries there is a huge divide between monetary policy and political policy, in third world places, such divides cannot be too large!

By: CHARACTER ASSASSIN 00

CHARACTER ASSASSIN 00 — Thu, 15 Dec 2011 16:01:39 +0000

By: strategist

strategist — Thu, 15 Dec 2011 15:43:40 +0000

interesting comments all round.. if investor confidence is being impacted by the non appointment of a governor then we need to look at the type of investors we are targetting. any serious investor looks at the institutions and how they are functioning and within what framework or law. particular positions do not affect their decision to invest. having said this, it is important for the sake of good order to have this important position filled once and for all to remove all this unnecessary speculation. i can imagine that it may even affect the morale of some of the staff in the central bank.

By: Mwine

Mwine — Thu, 15 Dec 2011 14:18:34 +0000

there are no sharp bembas to get the slot..miles sampa can’t even match..

By: Bwana Mkubwa

Bwana Mkubwa — Thu, 15 Dec 2011 11:56:39 +0000

This is the only countryn atthe moment in the world running its economy with a central bank governor. Sata though he was smart by firing Dr. Caleb Fundanga just coz his wife stood for Chilubi constituency on MMD ticket. Now he is stuck he cant find a replacement in 90 days and time is fast ticking off. There are alot of qualified guys for the job such the current MD for DBZ dr. Abraham Mweenda and others out there. The hunt for a TRIBESMAN IS STILL ON.

By: Dinx

Dinx — Thu, 15 Dec 2011 11:47:20 +0000

Can someone please explain to us in DETAIL the problems we have encoutered so far without a GOVERNOR. We are not inetersted in speculations, we need pratictical information.

By: CRAZY HORSE

CRAZY HORSE — Thu, 15 Dec 2011 11:42:07 +0000

Ka Mushota has no accounting qualifications at all! A qualified Zambian accountant cannot fail to know that the big four accounting firms have branches in Zambia…she is just here to give us a good laugh with her weird and outrageous blogs.

By: Bwalya Chanda

Bwalya Chanda — Thu, 15 Dec 2011 11:39:11 +0000

@32 ASSASSIN NUMBER 00

Admit it, you have no clue what you are talking about! The BOZ Governor is not a ceremonial role. He runs BOZ with the help of the management team, but he should know what he is doing. The Governor even chairs the BOZ Board of Directors. He is also the Executive Chairman, effectively. If there are so many people who can do the job, why has it taken Sata close to 90 days and crisis level without an appointment? BOZ is not a kantemba where you let things run themselves that “fikaisova”. Your attitude and that of your presido shows why Zambia is headed for disaster with you kaponyas. This is not politicisation. It is called IMMINENT DISASTER!!