Comments on: Zambia Significantly Improves Its Ranking in Mining Investment https://www.lusakatimes.com/2024/05/23/mining/ Keeping you Informed Thu, 30 May 2024 12:47:10 +0000 hourly 1 https://wordpress.org/?v=6.5.5 By: Dennis https://www.lusakatimes.com/2024/05/23/mining/#comment-3540636 Thu, 30 May 2024 12:47:10 +0000 https://www.lusakatimes.com/?p=450052#comment-3540636 Stop paying KCM managers dollar rated salaries when there’s no production at KCM.

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By: Balance Kazembe https://www.lusakatimes.com/2024/05/23/mining/#comment-3540111 Thu, 23 May 2024 22:36:52 +0000 https://www.lusakatimes.com/?p=450052#comment-3540111 In some countries people will not be cheated twice. In Zambia we are cheated year after year

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By: Upnd cadre from Ngombe compound lsk https://www.lusakatimes.com/2024/05/23/mining/#comment-3540101 Thu, 23 May 2024 20:18:42 +0000 https://www.lusakatimes.com/?p=450052#comment-3540101 In reply to Choolwe Haantuba.

Miners get work? Suppliers get paid. Mines pay tax after the tax holidays…kikiki

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By: Upnd cadre from Ngombe compound lsk https://www.lusakatimes.com/2024/05/23/mining/#comment-3540100 Thu, 23 May 2024 20:16:10 +0000 https://www.lusakatimes.com/?p=450052#comment-3540100 In reply to UFIMBENUMA.

Just do your mining, no need to bring in tribal talk.

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By: Choolwe Haantuba https://www.lusakatimes.com/2024/05/23/mining/#comment-3540097 Thu, 23 May 2024 18:24:07 +0000 https://www.lusakatimes.com/?p=450052#comment-3540097 Zambians, we like things that sound progressive even if they don’t profit us. What does the improvement in mining investment mean to the ordinary Zambian who also owns the mines by virtue of being Zambian? NOTHING. So the improvement in the ranking is only for those who our blind leaders have given what rightfully belongs to the Zambians. They have cut deals and there is no money in the Zambian treasury to buy medicines for our hospitals. And you are busy wasting your energy to publicise the improved rating? God help us.

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By: Choolwe Haantuba https://www.lusakatimes.com/2024/05/23/mining/#comment-3540096 Thu, 23 May 2024 18:14:01 +0000 https://www.lusakatimes.com/?p=450052#comment-3540096 In reply to KeL3ni Azanda lelo!.

Wake up, how do you put up the money when you own the minerals? Anyone who comes to invest they are puting up their part. This is the warped thinking that has given the foreign white owned companies power to exploit Africans at their own natural resources. Botswana is doing much better because they have this view- minerals are theirs. The so called business men in Govt are just vultures cutting deals for themselves not Zambians and bootlickers are busy boot licking.

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By: Deja Vu https://www.lusakatimes.com/2024/05/23/mining/#comment-3540090 Thu, 23 May 2024 15:10:24 +0000 https://www.lusakatimes.com/?p=450052#comment-3540090 In reply to KeL3ni Azanda lelo!.

*wholy owned

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By: Anthony Lipmann https://www.lusakatimes.com/2024/05/23/mining/#comment-3540088 Thu, 23 May 2024 14:42:59 +0000 https://www.lusakatimes.com/?p=450052#comment-3540088 There is an eternal structural problem in all mining – the costs are all in the country in which mining takes place, while however hard local governments try, the profits end up overseas and out of the country. What does this mean for Zambia? It means that locally not enough equitable tax finds its way into the government coffers for public services. How to resolve this? All the friendly invitations for foreign companies to mine will not help Zambia at all unless there is a means to collect fair and equitable tax. To my mind this can only be achieved by a tonnage tax on every ton of metal, ore or concs to leave the country. Then it does not matter what price is obtained overseas, because Zambia has already collected its fair dues.

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By: Deja Vu https://www.lusakatimes.com/2024/05/23/mining/#comment-3540087 Thu, 23 May 2024 14:23:07 +0000 https://www.lusakatimes.com/?p=450052#comment-3540087 In reply to KeL3ni Azanda lelo!.

Just a bit of history, a wholy Zambian company called Kafue Consortium comprising eminent citizens both black and white put in a bid but was rejected on the advice of we know who. Your government can’t allow a Zambian to buy an existing mine.

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By: UFIMBENUMA https://www.lusakatimes.com/2024/05/23/mining/#comment-3540086 Thu, 23 May 2024 14:22:38 +0000 https://www.lusakatimes.com/?p=450052#comment-3540086 Iwe Baza ulye , you are also a shallow typical southerner…. I am always between ZED & USA running businesses & doing business with some of UPND senior officials. You guys are cheap bro. I have a personal WhatsApp of most of UPND leaders including number 1. The fact that i encourage Zambians to own mines does not mean iam PF or a low life like you hungry UPND cadres. Was in ZED this past weekend & had many meetings with UPND leaders.. so get lost & keep on being hungry. I am not your level bro..

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