We have po­ten­tial to pros­per – Cani­sius

Daily Nation Newspaper - - FRONT PAGE - By BEN­NIE MUNDANDO

ZAM­BIA is on course to be­com­ing a pros­per­ous na­tion and its eco­nomic path should be de­fined by cit­i­zens them­selves and not for­eign­ers, Cani­sius Banda has said. Dr Banda, a de­vel­op­ment ac­tivist, said in an in­ter­view yes­ter­day that the fu­ture of the coun­try ought to be fash­ioned by Zam­bians them­selves with its econ­omy eman­ci­pa­tion en­vi­sioned by cit­i­zens. He said be­ing a land-linked coun­try with eight neigh­bours, all pro­vid­ing mar­ket, Zam­bians must seize the busi­ness op­por­tu­nity pro­vided by the sur­round­ing coun­tries to ac­tu­al­ize the “pros­per­ous na­tion” sta­tus. Dr Banda said the deficits in coun­tries sur­round­ing Zam­bia must be seen as an op­por­tu­nity to cre­ate busi­nesses for Zam­bians bear­ing in mind that the coun­try was en­dowed with an avalanche of re­sources. He said the re­sources at the de­posal of cit­i­zens should be trans­formed into goods and ser­vices which could be ex­ported for the coun­try to earn the much-needed for­eign ex­change and broaden its rev­enue base. “Zam­bia is on course to be­com­ing a pros­per­ous na­tion and this pros­per­ity should never be de­fined by oth­ers or for­eign­ers. This means that the fu­ture that Zam­bia must be­come ought to be fash­ioned by Zam­bians them­selves with its eco­nomic out­look en­vi­sioned by Zam­bians. “Zam­bia has eight neigh­bours. It fol­lows then that the eco­nomic be­hav­iour of Zam­bia must there­fore nec­es­sar­ily re­flect the deficit or de­mand pat­terns of th­ese coun­tries. There is no coun­try in the whole world which has this num­ber of mar­kets and there­fore, we should take ad­van­tage of this busi­ness op­por­tu­nity,” Dr. Banda said. He said pru­dent man­age­ment of re­sources was key to eco­nomic de­vel­op­ment adding that even if the coun­try had so much nat­u­ral re­sources, de­vel­op­ment could not take root if th­ese were not prop­erly utilised. “The nat­u­ral re­sources that Zam­bia has are ad­e­quate to meet the needs of all th­ese other coun­tries, and be­yond. None­the­less, the mere pres­ence of nat­u­ral re­sources any­where does not guar­an­tee the pros­per­ity of any na­tion. Pres­ence has to be cou­pled with the pru­dent and ju­di­cious use of th­ese nat­u­ral re­sources and then eco­nomic mir­a­cles be­come man­i­fest.

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