Home World Zambian President cuts salary after electricity and fuel surge

bannerebay

Zambian President cuts salary after electricity and fuel surge

by ace
Zambian President cuts salary after electricity and fuel surge

UNHCR / Flickr

Zambian President Edgar Lungu

Zambia's presidency will cut 15-20% in the salaries of the head of state and ministers. The aim is to “mitigate the impact on citizens of rising fuel and electricity prices”.

Zambia's head of state Edgar Lungu announced Friday a cut in his and ministers' salaries in an attempt to ease tensions and criticism from the population over rising electricity and fuel tariffs.

Electricity rates for households will rise 115% from January 1, the country's electricity regulator said. Increases have already been felt in fuels, with gasoline and diesel increasing by 10% and 11% respectively, which has led to criticism and reactions from the outraged population.

On Friday, the Zambian presidency announced a 15-20% cut in salaries for the head of state and ministers, with the aim of “mitigating the impact on citizens of rising fuel and electricity prices” .

“As much as the increase in these rates was inevitable, it was necessary to mitigate their impact,” says the president.

Zambia's main opponent, Hakainde Hichilema, called the president's salary reduction "insignificant." It's “a drop in the ocean,” he said in his social networking account Twitter. Hakainde Hichilema said raising electricity rates as a result of the "failure of Zesco," the national electricity company plagued by "corruption," is not the answer.

Raising tariffs is not the answer. ZESCO's failure is a result of the following:

1. Insolvency
2. Corruption
3. Bloated workforce
4. Bloated expenditure
5. Cadres on Payroll
6. Politically appointed management

– Hakainde Hichilema (@HHichilema) December 27, 2019

On Thursday, the energy regulator gave Zesco the green light to raise its tariffs due to the “serious financial problems” the public group is facing.

banneraliexp

Related Articles

Leave a Comment

one × 4 =

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More