Over 50 jobs will soon be created in Ndola following a decision by a local firm Astrea Investments Limited (AIL) to construct a modern quick lime processing plant in Ndola at a cost of US$20 million this year.
The company will be the second one to venture into lime processing activities in Ndola apart from the existing Ndola Lime Company.
AIL public relations manager Kelvin Sampa said plant construction is expected to start in the third quarter of this year.
The plant will have a capacity of 300 tonnes of highly reactive quick lime per day and hopes to end the monopoly in lime supply.
Mr Sampa said this in an interview in Ndola, adding that over 50 jobs will be created and the number is expected to increase in due course.
He said the plant will create opportunities for local people and enhance poverty alleviation.
“It will take 16 months to complete the state-of-the art quick lime plant to be situated in Ndola,” he said.
The company has purchased equipment for the plant from Europe and indicates that it will meet the international environmental standards for pollution control.
Mr Sampa said AIL is a new Zambian wholly-owned company that has expressed interest in the lime manufacturing sector following the high demand for the product due to increased mining projects in Zambia.
He said the company will supplement the insufficient lime products on the market which at times are imported from South Africa and the Middle East.
“The demand for lime is so high that some stakeholders ended up importing from South Africa and the Middle East,” he said.
He said good investment policies have resulted into increased investment on the Copperbelt, and Ndola in particular, adding that Government has continued to attract both local and foreign direct investments.
“We commend Government for ensuring that there is a level playing field in the country by coming up with policies that will advance investment in all economic sectors,” he said.
[Zambia Daily Mail]
Comments Disabled To "New Zambian wholly-owned company to build $20m Lime plant"
#1 Comment By Lambas On March 29, 2011 @ 10:31 am
Thats a plus. But be sure not to exploit local workers at all cost. Good luck.
#2 Comment By 2025 Movement On March 29, 2011 @ 10:32 am
Independent Observer…this is what Zambians must be doing, and not trying to brag about it.
Shall we continue with this spirit, but lets not forget to make sure that Gov’t is also doing its job.
THANKS
#3 Comment By Mr. Capitalist – 3 E’s steering economic growth On March 29, 2011 @ 11:25 am
“He said good investment policies have resulted into increased investment on the Copperbelt, and Ndola in particular, adding that Government has continued to attract both local and foreign direct investments.
“We commend Government for ensuring that there is a level playing field in the country by coming up with policies that will advance investment in all economic sectors,” he said.” end quote.
I feel sooooo vindicated. I have stated that Zambians have to make a path for themselves economically. I have always argued against govt doing everything for you. Govt owns Ndola Lime Co. and they have failed to optimally supply the market with high quality lime products amidst such high demand. tbc
#4 Comment By Mr. Capitalist – 3 E’s steering economic growth On March 29, 2011 @ 11:29 am
cont from #3
Now Mr. Sampa has seen an opportunity and is investing. Watch how he is going to efficiently run his company. Ndola Lime will be relegated to second place.
This type of investment is what Independent Observer has been advocating for for a long time on this blog. He has been very vocal on Zambians investing in their own country and has even talked about sources of finance like venture capital funds..etc.
Opportunities are abundant. It is up to us Zambians to use initiative and invest.
Congratulations Mr. Sampa on your new business venture.
#5 Comment By No Way On March 29, 2011 @ 11:52 am
Mr. Capitalist and Senior Citizen watch out, I’m back now. Closer to where you are you kids.
#6 Comment By spectator On March 29, 2011 @ 12:19 pm
Headlines on ZWD are a let down. This plant belongs to Italians and not to Zambians let Sampa deny this with shareholding registration documents. Not that there is anything wrong for foreigners to invest in Zed but let us not mislead the public perception of events. Second, what is the logic behind 20m$ only creating 50 job opportunities. Ok, better than nothing but we need labour intensive investment to create more wealth amongst us
#7 Comment By Big voice On March 29, 2011 @ 12:20 pm
Now this is what we call!!
#8 Comment By Big voice On March 29, 2011 @ 12:22 pm
This is what we call development!!
#9 Comment By Nshi Sunda Chisunde Sunde Kano Fye Mu Muntu On March 29, 2011 @ 12:26 pm
Congratulations to these sons of Zambia.
This is very encouraging and I hope rupiah will accord and extend the same investment conditions, support and concessions he gives to his Chinese financiers.
#10 Comment By devil On March 29, 2011 @ 12:49 pm
RB wamuyaya Rb wamuyaya RB wamuyaya!!! This is real development at its best. Zambia is surely heading for development.!!!!
#11 Comment By SATA WILL…THIS COUNTRY On March 29, 2011 @ 12:51 pm
Ndola my home town. Modern stadium, modern plant.
#12 Comment By Zedman in China On March 29, 2011 @ 12:51 pm
where did you get the money? ACC investigate them
#13 Comment By Self Made Kwacha Billionaire On March 29, 2011 @ 12:58 pm
Zambia, land of opportunity. At 32, Iam set. No pressure. Good luck Kelvin my man. If you work harder than I did, you could surpass me in 10 years time. Donchie kubeba.
#14 Comment By PF supporters have bad memories On March 29, 2011 @ 1:01 pm
No Way says:
March 29, 2011 at 11:52 am
Mr. Capitalist and Senior Citizen watch out, I’m back now. Closer to where you are you kids.
HEY CLOWN.
If you believe that those two I.D’s live in Canada and America you are naive.
I can have a Japanese flag during the day at work and i can have an australian flag at night when i post from home.
Also if i use my cell phone to browse L.T i can have an american flag just like you.
So Sh.ut up and stop thinking like a child who just learned a new game.
I.P address’s do not link to countries anymore so give up.
Senior Citizen lives in Lusaka.
#15 Comment By H.H. Sata On March 29, 2011 @ 1:12 pm
#8, see this
“He said good investment policies have resulted into increased investment on the Copperbelt, and Ndola in particular, adding that Government has continued to attract both local and foreign direct investments.
“We commend Government for ensuring that there is a level playing field in the country by coming up with policies that will advance investment in all economic sectors,” he said.
#16 Comment By msana wanzili On March 29, 2011 @ 1:17 pm
This is excellent news and as for the source of capital, let’s just all assume they borrowed from the bank and stop asking about where they got the money. At least they are employing others, if they wished they could have used the muzulu on self gratification and other silly. Well done lads, now stay clear off politics.
#17 Comment By Mpo 2007 On March 29, 2011 @ 1:29 pm
How can such a big investment create such few jobs? Am wondering. By the way, Kelvin Sampa is just an employee. This company is owned by thoz same crooks running Zambezi Portland.
#18 Comment By Mel and sean On March 29, 2011 @ 1:46 pm
$ 20 million to create 50 jobs. something aint right. Any way its a good sign if Zambians can take up investing in real things as opposed to being just suppliers to the indians and chinese companies.
#19 Comment By High Tower On March 29, 2011 @ 1:48 pm
#2 2025 Movement
Do your homework before you say anything, you might find yourself on embarrassing side.
Would it bother if INDEPENDENCE OBSERVER & MYSELF are among the people that have invested into this venture – by the way, INDEPENDENCE OBSERVER has never bragged but encouraged everyone to participate in developing Zambia
Similarly, I am a UK based Zambian that worked for Night Frank Estate Agent (UK) back in the early 90’s – I learnt the trade and now have a Property Portfolio in the UK and Zambia – Night Frank Estate Agent is now in Zambia involved Commercial & Residential Properties.
( KNIGHTFRANK.COM/ZAMBIA )
#20 Comment By High Tower On March 29, 2011 @ 2:00 pm
cont..
# 2025 Movement
He (INDEPENDENCE OBSERVER) introduced me to a Bank Manager at Lloyds Bank UK, who helped me with my First Mortgage Loan. Since then I have never looked back. This is how I found myself in Property Development in Zambia & UK. In the UK, I buy repossessed houses, develop them and sell them. In Zambia, I buy land and build apartments and houses
Now, if I start encouraging others Zambian to do be pragmatic – does that mean that I am bragging about it? – Over the years, I have helped a number of Zambians to buy property in the UK – I guess that is what INDEPENDENCE OBSERVER preaches all the time. Some of these comments just come from Jealousy
#21 Comment By Objective On March 29, 2011 @ 2:08 pm
#16. Modern production technologies do not need a lot of employees. Many processes are automated and hence there is no need to have a lot of employees. Other related employment opportunities are what may blossom. E.g.Suppliers of raw materials, maintenance of technical equipment, canteen.e.t.c. and generally the economic status of the area(Ndola) as the buying power of the citizens may improve.
#22 Comment By Zaka Zee On March 29, 2011 @ 2:12 pm
My friend Kelvin that is great. Congrats! Good strategy to be out of the political arena for now.
#23 Comment By chills On March 29, 2011 @ 2:22 pm
This is the best news that i have heard in zambia for a long time now instead of globe trotting politicians who are busy being bought by Chinese and other foreigners Cmon support your local people. Well done!!!!All zambians must be behind you
#24 Comment By Matero University On March 29, 2011 @ 4:01 pm
Our professors have always said that the future of Zambia lies in the hands of Zambians whether black or white…
#25 Comment By Mel and sean On March 29, 2011 @ 4:09 pm
# 21 we are looking at the amount of money spent just to create 50 jobs. I have knowledge of what is involved in mining and processing of lime. Unless it will be a katemba mining operation, the numbers are too small. why not reduce the autamation process and increase manpower
#26 Comment By No fly zone On March 29, 2011 @ 4:20 pm
#17 Dont be Xenophobic.Those so called italians are very much zambians just like the boers of South Africa are to south africa. You people are so tribally minded in everything sure.
#27 Comment By JIGGA On March 29, 2011 @ 4:44 pm
This is the kind of investment needed in Zambia not ba KFC(Kentucky Fried Chicken) elyo you send ba First Lady and Minister of Commerce to officially opening the joint which will probably only have 4 staff,the Mayor should have been sent to open KFC !
#28 Comment By 2025 MOVEMENT On March 29, 2011 @ 5:01 pm
ICHALO TULE SENDA
THE WINDS OF CHANGE ARE BLOWING
TULE SENDA FROM WITHIN
NO TRIBALISM, NO REGIONAL POLITICS, NO THEFT
UNITED WE SHALL MAKE SURE THEY FALL
THANKS
#29 Comment By 2025 MOVEMENT On March 29, 2011 @ 5:11 pm
It is encouraging to hear of Zambians being interested in investing in their country and indeed society. Shall we continue with that mentality. May I mention however that in any society we must endeavour to bridge the rich/poor gap and for the 90/10 percentage to favour empowerment. We shouldn’t have a country where the majority (the 90) are suffering, ofcourse we cannot achieve utopia but even as we are investing we need to hope and work for maximum impact. Like an individual above has cited that 50 jobs is on the low side. As we are investing, we must also be ensuring accountability in our Gov’t and practicing sincerity. If Zambia must change, if our country must be better and if we must get rid of the rot in society…we must start with the systems!
#30 Comment By 2025 MOVEMENT – CANADA On March 29, 2011 @ 5:18 pm
And when we say systems we are talking about how we do business everyday, how parastatals are run and so forth. We are currently defending a very wrong tax regime…but the reason we are in this position is because their is so much outside influence and indeed we need to appease “super powers”. We must as Zambians fix our systems and build wealth! We should be at a point where we can provide education for all atleast at Primary Level and in the districts if theres upto 20 children not going to school, the authorities should be required to step down. Our copper is exported and fashioned into all sorts of ornaments that are then sent back to us, some powers from time to time offload some of the copper they’ve stored away onto the market so that prices reduce and that directly affects us
#31 Comment By 2025 MOVEMENT – CANADA On March 29, 2011 @ 5:22 pm
We may not be able to change this entirely but we can create more market in Zambia and in Africa. Gov’t should have long time ago ensured that we are saving some of our copper, that we are using a lot of copper and producing more profitable items that can be sold locally and internationally. Look at FRA, they have cheated farmers year in year out, but how often are people sacked?? Look at RDA, and even ZAMTEL, our Gov’t was even proud to give reasons for selling which included the old redundant workforce. There should be some competitiveness guaranteed by Gov’t through repacations in various sectors.
#32 Comment By Informant On March 29, 2011 @ 5:25 pm
You are raisin good points ba movement, but our GOV does not care……..
#33 Comment By Mpo 2007 On March 29, 2011 @ 7:45 pm
#26, its not xenophobia. Thoz Italians are abusing & violating workers rights with impunity all bcoz of their Plot 1 connections. I wud take the same stand on worker’s rights regardless of the employer’s race or nationality. I guess u’re out of touch with the realities in Zed.
#34 Comment By 3G On March 29, 2011 @ 8:13 pm
True – we Zambians must lead by example. we should not shoot down anyone that attempts to stand up and be counted. i agree with other Progressive thinkers like CAPITALIST 3 E’S and INDEPENDENT OBSERVER who has lead by example and keeps advocating about working hard, networking ideas and helping the poor.
#35 Comment By Mwanawkwitu On March 29, 2011 @ 11:37 pm
I have nothing to say but this, 50 jobs is better than sending money to the middle east; at least south Africa is a great trade partner, as for Zambian employees that’s because the government apolite not labour laws to their maximum effect. This is a plus for Ndola as a city and Zambia as a nation.
#36 Comment By Mwanawkwitu On March 29, 2011 @ 11:43 pm
Mpo 2007 and Observer are both very important, the wise shall see this.
#37 Comment By Wangulanu On March 30, 2011 @ 10:06 am
Great, this is the news we want to hear. Retain the hard earned forex locally as we cut down on imported lime. Create employment and give consumers a wider choice. Congrats Mr.Sampa
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