Comments on: Is the New Mining SPV a Duplicate of ZCCM? https://www.lusakatimes.com/2024/06/13/is-the-new-mining-spv-a-duplicate-of-zccm/ Keeping you Informed Fri, 14 Jun 2024 03:51:52 +0000 hourly 1 https://wordpress.org/?v=6.5.5 By: Mind Set Change https://www.lusakatimes.com/2024/06/13/is-the-new-mining-spv-a-duplicate-of-zccm/#comment-3541904 Fri, 14 Jun 2024 03:51:52 +0000 https://www.lusakatimes.com/?p=453159#comment-3541904 In reply to Swahili for the Unity of Africa.

It is evident that you and I are from the same generation. I see your concern and totally agree your view of our poor working culture. How we need radical people like Burkina Fasso President Capt. Ibrahim Traoré to change the economy of Zambia. We are very soft and good to foreign investors but very harsh and cruel to ourselves.

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]]> By: Piranha https://www.lusakatimes.com/2024/06/13/is-the-new-mining-spv-a-duplicate-of-zccm/#comment-3541903 Fri, 14 Jun 2024 03:43:55 +0000 https://www.lusakatimes.com/?p=453159#comment-3541903 In reply to Ayatollah.

Who abolished it?
In life try learn from the past , don’t live in it but look to the future. Whatever happened in the past will never come back. Let’s move on. Copper prices are picking up and it’s time we re invested into the Copper indusrtiies.

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]]> By: Swahili for the Unity of Africa https://www.lusakatimes.com/2024/06/13/is-the-new-mining-spv-a-duplicate-of-zccm/#comment-3541894 Thu, 13 Jun 2024 20:22:28 +0000 https://www.lusakatimes.com/?p=453159#comment-3541894 This will just be another money guzzling parastatal. Declaring losses year in and year out. zccm-ih has been ruined by politicians and lawyers. The lethargy and sheer indiscipline in the firm is depressing. They cannot even run a simple quarry at Ndola Lime. The late Francis Kaunda managed the firm albeit with problems from 1974 (NCCM) and later ZCCM 1980 to 1991. But we keep changing CEOs like underpants. I am averse to this idea of parastatals/IDC. Our culture and very very weak laws are a killer. The case of a KCM liquidator who was meant to save the company but ended up “raping” it, is a case in point.

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]]> By: Jake https://www.lusakatimes.com/2024/06/13/is-the-new-mining-spv-a-duplicate-of-zccm/#comment-3541871 Thu, 13 Jun 2024 15:13:31 +0000 https://www.lusakatimes.com/?p=453159#comment-3541871 In reply to Deja Vu.

At times try to keep your ignorance from the masses. Don’t you get embarrassed?

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]]> By: Dennis https://www.lusakatimes.com/2024/06/13/is-the-new-mining-spv-a-duplicate-of-zccm/#comment-3541865 Thu, 13 Jun 2024 13:44:39 +0000 https://www.lusakatimes.com/?p=453159#comment-3541865 Learn from Botswana how to manage mineral deposits and mining.

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]]> By: ingombe ilede-imuntu munsune https://www.lusakatimes.com/2024/06/13/is-the-new-mining-spv-a-duplicate-of-zccm/#comment-3541846 Thu, 13 Jun 2024 10:43:58 +0000 https://www.lusakatimes.com/?p=453159#comment-3541846 We have to guard about this being nothing nothing more than a means for his rich Zambian to appropriate our mines in their own names.

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]]> By: kci https://www.lusakatimes.com/2024/06/13/is-the-new-mining-spv-a-duplicate-of-zccm/#comment-3541819 Thu, 13 Jun 2024 06:11:59 +0000 https://www.lusakatimes.com/?p=453159#comment-3541819 This just another useless pronouncement. HHe is busy giving mineral for free to his friends while showing Zambians a smoke screen. How many pronouncements he made that have ended on a piece of paper. This stop making pronouncements and get to work.

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]]> By: Ayatollah https://www.lusakatimes.com/2024/06/13/is-the-new-mining-spv-a-duplicate-of-zccm/#comment-3541817 Thu, 13 Jun 2024 06:06:31 +0000 https://www.lusakatimes.com/?p=453159#comment-3541817 They’re going back to the same mineral royalty that they abolished not long ago. It’s good that they’ve realized their mistake although the nation has already lost a lot in terms of revenue. Just be magnanimous enough and accept your mistake. There’s no need to establish a Special Purpose Vehicle. It’s just a duplication of functions

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]]> By: Deja Vu https://www.lusakatimes.com/2024/06/13/is-the-new-mining-spv-a-duplicate-of-zccm/#comment-3541805 Thu, 13 Jun 2024 03:32:45 +0000 https://www.lusakatimes.com/?p=453159#comment-3541805 This is just to show us that they are doing something. It’s only end up on paper.

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