STELLA SATA OFFERS APOLOGY – BUT YOUTHS SHOULD BE ENTREPRENEURIAL

Stella Mutale Sata 1

Stella Sata says she apologises for the mode of delivery of her message encouraging youths to be entrepreneurial but maintains her stance on the methods used by the ‘jobless 6′ in advocating for employment were wrong.

Reacting to a social media storm that has erupted over her message 72hrs ago, Sata says the fact that her father was Republican President should not mean she can not add a voice on issues of national concern.

“Apparently a Sata, a former Minister’s child, a former President’s child has NO RIGHT to speak about several issues. I am presumably privileged and have never gone through hardships so I have to keep quiet. The family I was born into is not grounds for anyone to call for my silence.

Every hardworking person here works hard so their children can live a better life. I do not believe any of them is working hard so that their children may never speak about anything in public.” Stella added as she appealed to the public to accept her peace offering.

Stella said she was apologetic if she had hurt unemployed people’s feelings but maintained she did not agree with the methods used by the ‘Jobless 6′ in bringing attention to the matter.

“Here in lies what I will apologise for. I will apologise for pissing off thousands of unemployed people or their families or anyone who has ever been a frustrated job seeker.’

The 20yr old Stella is widely likened to her late father for her string of controversy’s and is fondly referred to as ‘Princess Cobra’. She has a Masters in Business and Financial Management and is currently running her own business outfits.

Summarized by Mwebantu Media, Full statement below:

“So tempers are still high and I am probably the most disliked person on social media at the moment.

It’s not about what I said it is more about how it was said and WHO SAID it.

For quite a number of things, I can apologise. For quite a number of things- I will not apologise.

To begin with, I am not my father, my father’s successes and my father’s failures are not my own. If my father had an opinion on a matter, that does not automatically make it my opinion. So I will not apologise for what my father did or did not do. That is not my battle to fight.

Also, I will not apologise for what privileges or hardships came with being the daughter of Mr. Michael Chilufya Sata.

Apparently a SATA, a former Minister’s child, a former President’s child has NO RIGHT to speak about several issues. I am presumably privileged and have never gone through hardships so I have to keep quiet.

I will not apologise for speaking. And believe me I will always speak. Because I have a voice. The family I was born into is not grounds for anyone to call for my silence. Every hardworking person here works hard so their children can live a better life. I do not believe any of them is working hard so that their children may never speak about anything in public.

I stand against public shaming of any kind and ESPECIALLY public shaming targeted at me. I stand against it for the sake of every presumably privileged child and I stand against it for the sake of my own (future) children. No person should ever bow down to public ridicule because of their opinion.

Here in lies what I will apologise for. I will apologise for pissing off thousands of unemployed people or their families or anyone who has ever been a frustrated job seeker. I will also apologise for I myself, publicly shaming the ‪#‎Jobless6‬ just because I do not agree with their methods of dealing with unemployment. This resulted in those people who agreed with my view publicly shaming them too.

Perhaps, my delivery of the message left a lot to be desired and gave room for the wrong interpretations. For that, I apologise. Not every one will understand what you say, the way you mean it.

I still stand by stance, that if a graduate can not get employed then they should be able to find means of making the informal sector work for them. There is so much potential that people do not exploit because we feel we worked too hard to start from anything less than a good paying entry job in Government or in established Corporations.

Are their hurdles to jump in the entrepreneurship arena? Many. In fact, you will probably become much more frustrated than you were when you were job hunting. BUT that is no reason to not try just because there are several hardships.””

Stella M Sata Is Right But Out Of The Reality Of Many Zambian Youths

Stella Mutale Sata

Stella Mutale Sata

By Leonard M. Zulu

Leonard M Zulu

Leonard M Zulu

In Zambia, almost 75 per cent of the country’s population of 14 million people is below the age of 35 years, 45 per cent of the population is aged 14 years and below, 20.8 per cent between 15-24 years, 25 per cent between 15-35 years. According to the 2008 Labour Force Survey (LFS), 28 per cent of the economically active youth were unemployed – almost double the national average of 15 per cent. Compounded by the large number of underemployed youth and the high number of youth entering the labor market, current estimates show that over 300,000 young people enter the labor market each year.

As traditional job-for-life career paths become rare, youth entrepreneurship is regarded as an additional way of integrating youth into the labor market and overcoming poverty. Entrepreneurship and self-employment can be a source of new jobs and economic dynamism and can improve youth livelihoods and economic independence in developing countries.

Guy Kawasaki, founder of AllTop once said “Ideas are easy. Implementation is hard.” This is probably what “we” unemployed UNZA graduates suffer from. Yes I am a graduate too (graduated one of the top of my class even) and unemployed, class of 2014, BA with Merit in Development Studies with a minor in sociology. I know the adversities of the graduate, especially if you are ambitious.

Stella M Sata makes sense on an idealistic level. Formal employment is not always the answer, we need to think outside the box and realize that government can only go so far in as provision of employment is concerned.

It is true job creation is not the role of government alone, companies must work with the state and labour unions to boost employment and reduce inequality. The problem of rising inequality cannot simply be placed at the door of government, regardless of how you might feel about the general performance of government. However, the stark reality is that inequality will remain high until we campaign together for job creation. Without addressing inequality, the economy can get trapped in a cycle of weak investment, sluggish growth and increased social tension.

Entrepreneurship is the engine of economic growth and development. Youth entrepreneurship has a greater potential to aid the achievement of Millennium Development Goal 8, target 16 which aims at providing decent and productive work for youth. Provision of employment among the youth will save us from social exclusion.

Government needs to create an enabling environment for job creation that will help us the young people to have gainful employment either formal employment or entrepreneurial activities. By entrepreneurial activities here we mean proper businesses as opposed to the suggestions of this highly opinionated young lady who I believe does not have an idea of what it means to suffer for an education.

However, if I were to address Ms. Stella, I would say, you have always had it better than the average Zambian. You studied in the best schools (Malaysia) at the expense of our parent’s taxes, doors opened for you because of your name….and still they continue to open.

You do not know the feeling of having to constantly drop applications, get no feedback, or to be rejected because of lack of experience, everything has been handed to you on a silver platter, and thus you have the audacity to stand and tell the graduate who suffered 4-5 years cramming to go and sell tomatoes.

What worries me even more is that you think you have the monopoly of wisdom and always has anything to say about everything..eish!!! Sometimes silence is golden.

There are many constraints that youth entrepreneurs face in their endeavors. As young people we are more likely to face greater barriers than older age cohorts due to limited resources, life and work experience. Through support programmes such as access to credit, business incubators, entrepreneurship education and business training, mentorship programs and market linkages youth can acquire the needed capacities and assets that increase our chances of starting and operating our own businesses.

But away from that, fellow youths let us desist from being used as tools to propagate the selfish agendas of some of these politicians. They do not have our best interest at heart most of the times, they just want to use us as tools to further their agenda, whatever they pay us will probably be finished in a week and we go back to the streets.

And VINCENT CHAILE, stop misleading your fellow youths, how can you be marching that you are unemployed yet you drive, and own some shops in UNZA (allocated to yourself during your tenure as UNZASU President)?? story izibika!

Edgar Lungu Discerns On Ministry Of Finance And Mines On Mineral Royalty – “Its About Time!!”

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President Edgar Lungu has directed the Ministers of Finance and Mines and Minerals Development to effect changes to the 2015 mineral royalty tax by 8th April,2015.
In letters to the two Ministers today, President Lungu stated that after receiving submissions from individual mining companies and the Chamber of Mines, he has noted that the new tax regime poses a challenge to some mining houses.
President Lungu also noted that some mines are high-cost while others are low-cost operations.
He says the mining industry has affected by copper prices on the international market, and that it is clear that this unfavorable economic trend globally has been mainly on account of weak global demand for copper.
President Lungu has emphasized that government will always be amenable to progressive ideas that will assist in addressing challenges in the mining sector.
Among the options the president has asked the two ministers to consider as the effect changes to the mining tax regime are the status quo but negotiate interim fiscal arrangements for operations that are most affected on a case by case basis,identifying potential legal or regulatory modifications to the existing 2015 fiscal regime that could be readily passed and implemented, deter implementation of the 2015 fiscal regime and temporary reinstate the 2014 fiscal regime as a more amicable regime is negotiated.
President Lungu has also directed that the ministers should also use the current legislation and administrative procedures to ensure that mines that are facing severe challenges are assisted.
This is contained in a statement issued by the President’s special assistant for press and public relations Amos Chanda.
This is good move by the President because the impasse between Government and the Mine companies has caused some economics damages on the Country.

Which Statement Should Zambians Carry Home? Board Chair or President of the Bank (PTA)?

THE PTA Bank has refuted media reports that it intends to withdraw the oil facility that it holds with the Zambian Government.
PTA Bank board of directors chairperson Oliver Saasa says the bank is also currently considering financing new projects around Zambia which are fully supported by the board and its international funding partners in Europe, the Middle East and China.
Prof Saasa said the board of directors of the PTA Bank has been taken aback by the Press statements associated with a leaked communication between the President of the bank and the Ministry of Finance in Zambia pertaining to the outstanding payment from the Government of the Republic of Zambia.
“As chairperson of the board of directors and the representative on the board of Zambia and two other member countries, I wish to allay fears regarding the relationship between the Zambian government and the bank,” he said.

This statement by Prof Saasa need reconciliation with that of the bank (PTA)

What Can Zambia Learn From Singapore as the World Mourn the Lee Kuan Yew?

Lee Kuan Yew

Lee Kuan Yew

A man described as the Father of Singapore, Lee Kuan Yew, is dead. Mr. Lee led Singapore for 31 years. 
Mr. Lee is being mourned Worldwide including President Obama who is expected to be part of the funeral. The question is why is this man so pronounced?
Mr. Lee is described as a master of “Asian values,” a concept in which the good of society took precedence over the rights of the individual and citizens ceded some autonomy in return for paternalistic rule.
His “Singapore model,” sometimes criticized as soft authoritarianism, included centralized power, clean government and economic liberalism along with suppression of political opposition and strict limits on free speech and public assembly, which created a climate of caution and self-censorship. The model has been admired and studied by leaders in Asia, including in China, and beyond as well as being the subject of countless academic case studies.
The commentator Cherian George described Mr. Lee’s leadership as “a unique combination of charisma and fear.”
Even among people who knew little of Singapore, Mr. Lee was famous for his national self-improvement campaigns, which urged people to do such things as smile, speak good English and flush the toilet, but never to spit, chew gum or throw garbage off balconies.
Since Singapore separated from Malaysia in 1965 — an event Mr. Lee called his “moment of anguish” — he had seen himself in a never-ending struggle to overcome the nation’s lack of natural resources, a potentially hostile international environment and a volatile ethnic mix of Chinese, Malays and Indians.
“To understand Singapore and why it is what it is, you’ve got to start off with the fact that it’s not supposed to exist and cannot exist,” he said in the 2007 interview. “To begin with, we don’t have the ingredients of a nation, the elementary factors: a homogeneous population, common language, common culture and common destiny. So, history is a long time. I’ve done my bit.”
“We are ideology-free,” Mr. Lee said in an interviewwith The New York Times in 2007, stating what had become, in effect, Singapore’s ideology. “Does it work? If it works, let’s try it. If it’s fine, let’s continue it. If it doesn’t work, toss it out, try another one.”
With this attitude, Lee led Singapore into a First World from a Developing World.
 

13,000 Chinese and 7,400 Indians In Zambia – What are they Doing?

Chinese arrive at Airport

OVER 13,000 Chinese nationals living in Zambia were given employment permits by February this year. During the same period, 7,000 Indians and 4,000 South Africans were also granted work permits.
Deputy Minister of Home Affairs Gerry Chanda told parliament on Thursday that 13,292 Chinese were given work permits in Zambia while 7,400 Indians and 4,308 South Africans were allowed to work in the country.

“As of September last year, 11,267 Chinese were given employment permits but the number has increased as of February this year,” Col Chanda said.
He said 19,845 Chinese, 8,034 Indians and 4,792 South Africans were living in Zambia by September last year.

Col Chanda said Chinese citizens working in Zambia are in large numbers because they are involved in various activities.

While it is appreciated that Chinese have brought a huge investment into Zambia, the number of Chinese working in Zambia need to be evaluated.

The situation is more worrying for Indians, 7, 400 is a big number considering Indian investment in Zambia. What are all these Indians doing in the Country if not working as shop-keepers, cooks and other unskilled works which could give employment to our Zambians.

Newton N’guni’s Take On The BOZ Article

Dr Kalyalya is an adept economist. I have personally worked with him. But it looks like the same strictures that we identified in 2000 as making the BOZ utterly impotent to deal with exigencies of a dependent economy are still in place. And I have no doubt that as long as we do not work outside the box, our economic woes shall only worsen.
Not long ago, the Govt scrapped SI 33 and Si 55 and this measure was touted as the panacea for the rapid depreciation of the Kwacha. Even the EAZ weighed in in support. I was among the few who doubted the effectiveness of the measure. Even now I doubt that increasing the reserves ratio (withdrawing money from circulation) will deal with our problem of depreciation in the medium to long term. This is because the measure does not address the reason why there is high demand vis-s-vis supply.
As long as this discrepancy or imbalance between demand and supply remains, the depreciation will soon set in. Increasing the reserve ratio may even damage our economy in the medium to long term because it will increase the cost of borrowing, lead to slow down in economic activities as companies will find it dear to borrow. This will affect even non-traditional exports which will further reduce supply of forex top the market- unwelcome vicious circle.
The last time we tried this (few months back), the rate was around US$1=K7.00. We brought it down to around US$1=K6.00 in the short term. But now it is around US$1=8.00! The question is where is our foreign currency going? And how do we seal this loophole? Dr Kalyalya should be bold enough and answer these two questions objectively and do the right thing. Dr Gondwe before him tried what he is proposing and it has only led to more depreciation.
To start with we must increase local production of good and services so that our export earnings increase and reduce dependency on mining companies for our Forex. This is the long term solution and requires coordination of many Govt institutions to bring this about in the medium term. Anything else is temporary. I wish the Governor all the luck he needs to deal with our economic woes which are within the competence of the BOZ.
 
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