Kitwe Town Clerk Ali Simwinga has disclosed that Government has secured a loan of 4.5 Million United States Dollars to support the operations of the Nkana Water and Sanitation project.
Mr. Simwinga said in an interview after a full council meeting in Kitwe today that the money which has come from the African Development Bank (ADB) will be used to improve the delivery of water and sanitation services to all the areas under Nkana water and Sewerage Company.
He said the project will address five major components in Kitwe, Kalulushi and Chambishi. He said the components to be addressed were the water supply works, sewerage works and project management.
Mr Simwinga said others were the sanitation, hygiene promotion and education as well as institutional support to Nkana water and sewerage company.
He noted that for this project to succeed their was need for effective and close coordination between and amongst all key stakeholders.
Mr Simwinga called on the council to enter into a memorandum of understanding with the two Towns Kalulushi and Chambishi that are supposed to benefit from the project.
He said the project will run from January 2009 to December 2012. The three towns are faced with a big challenge of providing quality and safe drinking water in most townships.
ENDS/LK/PK/ZANIS.
nambala wanu
Refer to JCTR article for a more sensbile view of these loans – getting into debt is nothing to celebrate
Thats all they dream about!!! loans, loans and more loans
Ba Simwinga imwe, whatever english you use, the fact of the matter is that, it is a loan which requires paying back with interest. It would have been nice to hear you announce that the money has been raised from within. Knowing you, you were even drinking coffee when signing ang commiting us to the same
Imagine Baby C. And they are happy. when will they learn kanshi?
twakongola again. why not if we can
Siumvela iwe Simwinga. Ukamba namushe ati “$4.5 million” monga uwamya. Wamwelapo naka coffee. So tell us ok, what is your cut, because you cant just announce that mahala. A minister should have been making that announcement.
#5 Ba Moze
He is happy coz he knows he will finally buy that latest benz
Simwinga thinks we dont know his tricks #8. Just wait and see. we are watching this chap. I mean, thats a lot of money this $4.5m he is proudly announcing.
more and more loans! kwena ba Zambia we are truly screwed!
Uhnnnnnnnn!!??? This outbreak of loans will kill us soon. Are our leaders so devoid of knowledge and understanding that they are just blindly going into more and more loans? Someone needs to seriously consider the points brought out by the JCTR, be bold enough and show relevant leadership in as far as these loans are concerned or else we will end up in much worse situation than we were before the HIPC Completion Point. The purposes for borrowing and amounts involved so far is worrying. It is a clear indication of having a visionless chap for a leader. If not careful RB may go into the books of history as the worst and most headless presido Zed ever had. You can’t be borrowing just like that.
Bena Zambia, not again. Loans have big consequenses,so be ready to face them in future.
Ali Simwinga, when are you retiring? When you reach 100?
>:,come on guyz its still new deal
=d> Congraturations Peaceful nation, please get more loans so that the next government suffers as well
:-
That one doesn’t work…
b-)8-}
What interest rates? When repayable? and most of all “HOW SHALL WE AFFORD REPAYMENTS?”. PF would have not been so reckless, I can assure you!
By the way, is it true that Chungu is out of custody?
>:/,Anonymous
Rashid Jones your comments are obtuse and easy to say.
[-o<,Nine Chale
:(( come on LT give us something exciting! Dying of boredom, how many loans can a nation apply for in a day?
Ali simwinga is grown old and out of ideas its time for old guyz to retire bring in anew crop like HH :d/:((
Ba Ali Simwinga still in kitwe ni personal to holder job 😕
:p
Zambia forward, in tune with the Nation!
Thank you LT for providing only sensible animations:
:)>- UNIP, MMD l-), UPND =; others :-@
8-xmaestro
Mr.Town Clerk $4 million dollars is very little money,that kind of money can be raised locally by the City of Kitwe.The loan you got will cost you another $4 million in interest in total you will be paying back over $10 million dollars what a shame,Cities can borow from within Zambia
So, thats why the Kwacha is falling against the dollar. They are offloading the dollar to make more kwacha. They had the loan approved when the kwacha was in the K3000 kwacha but will sell it at K5000.
I just hope they will pay back the loan on time. :((