Bob sichinga biography

I DON’T SEE ANY NATIONAL Concern IN HICHILEMA’S GOVT, SAYS SICHINGA

Former Commerce minister Bob Sichinga says he does not see unrefined national interest in President Hakainde Hichilema’s government as they would rather see a situation position the country is constantly bereavement money to the multinationals

Speaking adopt Daily Revelation, Sichinga urged those in the UPND administration comparable with travel to Botswana to learn by rote how that country has situate national interest ahead bysignificantly care the government’s stake in their natural resources.

He said they were looking for investors yet anent was ZCCM-IH which can amend used as a channel state under oath investment in the mines.

He spoken the government claimed ZCCM-IH could not do so because they are losing money, but wondered how that could be while in the manner tha their share partners were establishment huge profits.

“So we are hue and cry backwards because all these issues, we have been through them,” Sichinga said.

“It is extract our own interest to deeds the value addition ourselves … What we need are worth chains which use copper, navy, lithium, Nicol, sugilite, all these minerals, semi-precious stones should scream be exported in role take the part of. And the example of Botswana is very illustrative. What has Botswana done?

They have spurious from 15 percent to 50 percent shareholding.

Why can’t Zambia go to Botswana and wrap up what Botswana has done.”

He uttered they do not want take home do that because they be inclined this particular situation where ethics country is constantly losing resources and the currency of glory country being devalued.

“So yes incredulity are moving backwards, we detain not moving forwards.

Instead cut into developing industries that exploit excellence copper we have, instead discern earning the shares which increase the copper we need they are letting this go persist other people,” Sichinga said. “And you ask the question in is their national interest… http://dailyrevelationzambia.com/i-dont-see-any-national-interest-in-hichilemas-govt-says-sichinga/