PF Deputy Spokesperson and confused former Catholic Priest Frank Bwalya has claimed that the suspension of 48 opposition parliamentarians by Speaker Patrick Matibini is good for investor confidence.
And Bwalya has accused Senior Economist Dr Lubinda Haabazoka of tribalism after the academician observed that the suspension of 48 United Party for National Development (UPND) parliamentarians was bad for investor confidence.
Speaking when he featured on 5FM Radio on Thursday morning, Bwalya claimed that no right thinking investor can withdraw investments from Zambia because a Speaker has suspended members of parliament. ‘I want to say this will raise investor confidence in Zambia that Zambia is a country of rules and that an investor can go to court and get a fair judgement and any donor or investor will be happy that it has happened this way,’ Bwalya said.
When asked about the increasing poverty levels in Zambia, Bwalya said only economists like Dr Haabazoka can say poverty has increased. Dr Lubinda noted in his write up that the suspension of UPND parliamentarians was going to erode investor confidence in Zambia and further observed that there were more politicians attending court sessions than investors being courted.