Government Addresses National Issues in Press Briefing
In a recent press briefing held by the Acting Minister of Information and Media Chief Government Spokesperson, Hon. Brenda Tambatamba, MP, several critical national issues were addressed, including the recent appreciation of the Zambian Kwacha, refutation of claims regarding civil servant frustration, and evaluation of the 2023/2024 farming season.
The Minister expressed satisfaction with the continuous appreciation of the Kwacha against major convertible currencies. This appreciation was attributed to government initiatives aimed at supporting sustainable growth, development, and bolstering the Zambian economy.
Notable measures include the implementation of prudent monetary policies by the Bank of Zambia, such as the Export Proceeds Tracking framework to increase dollar liquidity and raising the Statutory Reserve Ratio for commercial banks to regulate the circulation of the Kwacha.
Additionally, increased capital injections by investors into local companies have contributed to this positive trend.
The government reiterated its commitment to implementing policies to maintain macroeconomic stability and enhance the resilience of the Kwacha against external pressures.
Government refuted assertions made by former President Edgar Lungu regarding civil servant frustration allegedly caused by micromanagement of government functions from State House by President Hakainde Hichilema.
The spokesperson emphasized President Hichilema’s respect for the autonomy and expertise of civil servants in their respective roles.
Furthermore, it was clarified that there is no policy or directive from State House mandating micromanagement of government functions. Established grievance handling procedures are in place to address any concerns raised by civil servants.
Acknowledging proposals to declare the 2023/2024 farming season a national disaster due to dry spells in some parts of the country, the government highlighted the need for careful consideration based on guidelines provided in the Disaster Management Act of 2010.
Currently, the government is working with various authorities and stakeholders to assess the situation comprehensively and gather accurate information on the extent of the challenge. Once the assessment is complete, appropriate action will be taken based on the findings.
