Zambian President Kenneth Kaunda has predicted that Zambia's economic worries should ease during the next few months.
SV: Zambian President Kenneth Kaunda speaking in English.
TRANSCRIPT: SEQ. 1: KAUNDA: "We have serious problems of transportation to our markets, but we should remember that, very soon, the route between Malawi and Mozambique will be re-opened. The Malawian government is building a railway to the border of Zambia. We are hoping to...we have asked the Canadian government already to support us by continuing the road to Chipata. Once that is constructed... I mean, before that is constructed, we have to use both Nacara and Mozambique more than we have done up to now, and that will therefore help the overloaded port of Dar es-Salaam. The second part of the question of mortgaging Zambia, or selling Zambia to the capitalists, is...I'm glad you say, a cynic's appraisal. No sensible person, who has the economic rights would fail to see that, in Great Britain, when she was in economic problems, borrowed massively, not millions, or hundred of millions, but billions, from the IMF and other countries. U.S.A. trouble...they have not solved their problems. Almost every other country has economic problems. We are confident that, with such things as I have been able to see here, this morning...which are very impressive indeed, we are going to make the grade. And August should certainly see us, if you all continue to work hard as you are doing now, we should be able to see a final pick-up."
On Saturday (3 June), President Kaunda flew to Angola to meet President Agostinho Neto for talks expected to centre on two of Africa's major problems: Zaire's Shaba province and approaching independence of Namibia (South West Africa). Shaba province is of immediate concern because it borders both Zambia and Angola.
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Background: Zambian President Kenneth Kaunda has predicted that Zambia's economic worries should ease during the next few months. Mr. Kaunda told a press conference he dismissed what he called the fears of cynics that Zambian finances would have to be bonded because of the sums of money she had borrowed. He spoke to the newsmen just before officially opening the 21st Copper-Belt Agricultural Show at Kitwe. He said transporting goods would be much easier when a new and shorter route to the ports of Nacara and Beira in neighbouring Mozambique was opened.