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Why Parastatals Have Failed in Zambia

Elias Munshya, a Zambian lawyer and paster, explains why parastatals have failed in Zambia since independence:

Parastatals have never made a profit since 1964. Parastatals have been run not on a business model but on a political model. Parastatals have not had professionals running the boards but they have been staffed with relatives, nephews, nieces and great-grandsons of the politicians

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