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Tuesday, September 1, 2009

ZNBC MUST BE PRIVATIZED.

According the Auditor General's interim audit report on the Zambia National Broadcasting Corporation (ZNBC) the company has revealed financial irregularities, which include losses incurred amounting to K6 billion, tax evasion on retirement and gratuity and hefty board allowances among others.
The report revealed that the corporation incurred losses of in 2006 and in 2007 and that interim results for 2008 will remain the same. MMD government can not continue to run a failed institute with more tax payers money. Instead Government need to be getting revenue from it.

Just look at how good for-profit radio stations are doing in Zambia such as Radio Phoenix. Look at how for profit news papers like the Post are doing? All these media outlets are run effectively without government control.

The ZNBC failure is a result of Politicians, not management alone. Politicans many of whom have no real knowledge and expertise of media sector are put in top positions who decisions are not for profit but propaganda to advance political influence. Government is the problem at ZNBC and as long as government remains the sole controller of ZNBC, it will continue to operate losses despite licence fees.

The only way to stop wasteful spending of tax payers money and cut costs at ZNBC is to Privatize the it. Government has not run it effectively. Let experts and ordinary Zambians run it for profit which will mean more workers employed and government tax revenue.

So, Privatize ZNBC...if MMD can not do it, then the next goverment in 2011 must make a committment to let it go into private hands.

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