Watch your words, economist tells politicians

POLITICIANS should not talk ill of the economy of the country in their election campaigns as it may trigger investor flight, says financial analyst Maambo Hamaundu.

He said it would be wrong for politicians to start making careless statements regarding the economy as it would  make investors hold back their investment pledges.

“When talking or issuing statements,  they (politicians) should bear in mind that what they say can either build or destroy a country,” Mr Hamaundu said.

He said many sectors were  under-performing because of so many challengers which had put the economy under stress.

Mr Hamaundu however advised politicians should suggest how to put back on track the economy.

He said many people were beginning to feel the impact of the decline in the economy and how it affected the country.

Mr Hamaundu said 2016 should be deemed as a year Zambians decided to put the economy back on the road to recovery.

He said some members of the Economics Association of Zambia (EAZ) were scared of issuing  statements on the state of the economy because of the fear of having their contracts withdrawn since the biggest provider in business was Government.

“The environment should change to ensure that we have diverse views,” Mr Hamaundu said.

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