Comments on: The COVID-19 Shock: Managing the Mining Sector in Zambia in a Period of Crisis https://www.lusakatimes.com/2020/03/26/the-covid-19-shock-managing-the-mining-sector-in-zambia-in-a-period-of-crisis/ Keeping you Informed Sat, 28 Mar 2020 17:40:52 +0000 hourly 1 https://wordpress.org/?v=6.5.5 By: shaka https://www.lusakatimes.com/2020/03/26/the-covid-19-shock-managing-the-mining-sector-in-zambia-in-a-period-of-crisis/#comment-2884385 Sat, 28 Mar 2020 17:40:52 +0000 https://www.lusakatimes.com/?p=278365#comment-2884385 This article provides all strategic answers to our current state of affairs.

]]> By: Aristotle https://www.lusakatimes.com/2020/03/26/the-covid-19-shock-managing-the-mining-sector-in-zambia-in-a-period-of-crisis/#comment-2883153 Thu, 26 Mar 2020 11:00:39 +0000 https://www.lusakatimes.com/?p=278365#comment-2883153 Old time economics called Joseph matrix teaches us that in times of plenty stock up, for harsh times are always looking for who to devour .
why cant we follow a simple Bible rule the JOSEPH MATRIX?

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]]> By: Aristotle https://www.lusakatimes.com/2020/03/26/the-covid-19-shock-managing-the-mining-sector-in-zambia-in-a-period-of-crisis/#comment-2883149 Thu, 26 Mar 2020 10:58:28 +0000 https://www.lusakatimes.com/?p=278365#comment-2883149 Old time economics called Joseph matrix teaches us that in times of plenty stock up, for harsh times are always looking for who to devour . Where are the reserves for the moments like these? have all the reserves in the treasury gone to pay loans for the macadam we have laid in our komboni?

If we are a christian nation, why cant we follow a simple Bible rule the JOSEPH MATRIX?

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]]> By: Aristotle https://www.lusakatimes.com/2020/03/26/the-covid-19-shock-managing-the-mining-sector-in-zambia-in-a-period-of-crisis/#comment-2883145 Thu, 26 Mar 2020 10:56:49 +0000 https://www.lusakatimes.com/?p=278365#comment-2883145 Is there anything to moderate in that comment ba LT?

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]]> By: Aristotle https://www.lusakatimes.com/2020/03/26/the-covid-19-shock-managing-the-mining-sector-in-zambia-in-a-period-of-crisis/#comment-2883143 Thu, 26 Mar 2020 10:55:11 +0000 https://www.lusakatimes.com/?p=278365#comment-2883143 Old time economics called Joseph matrix teaches us that in times of plenty stock up, for harsh times are always looking for who to devour . Where are the reserves for the moments like these? have all the reserves in the treasury gone to pay loans for the macadam we have laid in our komboniz?

If we are a christian nation, why cant we follow a simple Bible rule the JOSEPH MATRIX?

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]]> By: Kaizar Zulu © https://www.lusakatimes.com/2020/03/26/the-covid-19-shock-managing-the-mining-sector-in-zambia-in-a-period-of-crisis/#comment-2883121 Thu, 26 Mar 2020 09:56:52 +0000 https://www.lusakatimes.com/?p=278365#comment-2883121 The global economy is in disarray. This is not only affecting Zambia. We are confident that our specialised ministries of finance and mines will put in place measures to cushion the impact. This is time for us all to come together irrespective of political affiliation. We have a great economic mind in HH or so he claims . However, why can’t he for a few months forget his political ambitions and do something for the benefit of this country by working with us. Is hh the only child in his family? It might explain a lot. Me me me

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]]> By: Bashi Profiti https://www.lusakatimes.com/2020/03/26/the-covid-19-shock-managing-the-mining-sector-in-zambia-in-a-period-of-crisis/#comment-2883113 Thu, 26 Mar 2020 09:29:56 +0000 https://www.lusakatimes.com/?p=278365#comment-2883113 Being in the mining business since 1974, I conduct all of my financial analyses with generous, typically ±20%. That takes into account such volailities. I also advise my clients to set up a “sinking fund” which banks money when commodity prices are good (ie +20% situations). That cash is used to sustain the business during lean times, such as now (-20% scenarioes).

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]]> By: Bashi Profiti https://www.lusakatimes.com/2020/03/26/the-covid-19-shock-managing-the-mining-sector-in-zambia-in-a-period-of-crisis/#comment-2883111 Thu, 26 Mar 2020 09:28:42 +0000 https://www.lusakatimes.com/?p=278365#comment-2883111 Being in the mining business since 1974, conduct all of my financial analyses with generous, typically ±20. That takes into account such volailities. I also advise my clients to set up a “sinking fund” which banks money when commodity prices are good (ie +20% situations). That cash is used to sustain the business during lean times, such as now (-20% scenarioes).

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]]> By: zambu https://www.lusakatimes.com/2020/03/26/the-covid-19-shock-managing-the-mining-sector-in-zambia-in-a-period-of-crisis/#comment-2883103 Thu, 26 Mar 2020 08:52:40 +0000 https://www.lusakatimes.com/?p=278365#comment-2883103 Well written document. But hat will happen in the worst case scenario of a prolonged shut down due to lock down of the country?

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