2016 most challenging year in history of Zambia – Mulongoti

People’s Party President Mike Mulongoti

People’s Party President Mike Mulongoti

Opposition Peoples Party President Mike Mulongoti has described the year 2016 as the most difficult year in the history of Zambia.

Mr. Mulongoti says this is because Zambians faced numerous problems which made life unbearable for them.

Mr. Mulongoti says there has been widespread despondency, brought about by severe hardships, rising cost of living, high levels of youth unemployment, collapsed businesses and increasing poverty which is partly the result of energy crisis.

He cited the failure of the referendum as one of the painful thing for Zambia because the pf government failed to listen when they were advised.

And Mr. Mulongoti says this year has seen a dramatic shift in what small and medium enterprises consider to be the biggest external threats to their businesses, with load shedding.

He says that the impact of even short periods without power was greater on SMEs than it would be on larger companies that likely have generators and other fall-back options.

Leave a Reply

Your email address will not be published. Required fields are marked *

*