´The Post newspaper was a political project´
…says Fred Mmembe
22nd June 2022
The Post newspaper, now defunct, was a political project which eventually had to fold up under political pressure said Dr Fred Mmembe, the former owner of the newspaper.
Dr Mmembe was speaking during the Leadership Conference Foundation held at the Taj Pamodzi Hotel on Wednesday.
The Editor turned politician also touted “Socialism” as the silver bullet that shall the current economic malaise in Zambia and not the capitalistic approach.
“The Post was a political project and therefore had to die a political death,” Dr Mmembe said, “at the time it was going under I was the only shareholder having borrowed money from Barclays bank to fund the exits.”
And Dr Neo Simutanyi, a renowned economist said something is suspicious in the way the current government is allegedly proceeding in “selling back” the mines to the companies that abandoned them via “third parties” masquerading as local companies.
Ambassador Emmanuel Mwamba called on Zambians to totally reject the return of Vedanta, Glencore and Anglo to Zambia´s mining sector.
And Dr Raj Sharma, the owner of Jewel of Africa, an indigenous gem company he has run for more than two decades encouraged Zambians to engage in value edition.
Earlier in the day, Mines Minister of Zambia Mr Paul Kabuswe said his UPND government would increase shareholding in the mining sector while trying to remain market oriented or liberal.
This is the first time the conference is holding a ´sold out´ event since inception in 2014, with plans to hold more events discussing other sectors of the Zambian economy such as construction and agriculture etc.