FORMER Republican President Frederick Chiluba has said he has no personal differences with businessman Rajan Mathani but decided to terminate their relationship because the latter became greedy after being helped in his business deals. Dr Chiluba insisted that the Government was still giving Finance Bank preferential treatment against other banks, which he said were better and well established.
He said the claims by Dr Mathani that his companies won bids fairly without Government collusion were not true.
But Chief Government spokesperson Mike Mulongoti denied the Government giving Finance Bank or Dr Mathani preferential treatment and urged the two parties to sort out their personal differences instead of involving the Government.
Dr Chiluba, who was speaking during the Press briefing at his Kabulonga residence in Lusaka yesterday, said deals like the supply of desks by Furncoz to the Ministry of Education and the opening of Finance Bank in Malawi as some in which Dr Mathani let him down.
Dr Chiluba said the contract awarded to Furncoz, one of Dr Mathani’s companies by the Ministry of Education for the supply of substantial desks worth billions of Kwacha, but even when the ministry paid the money upfront, the desks were not delivered until
after the inspector of schools raised concern.
He said the matter was later brought to his attention and he summoned Dr Mathani to State House where he gave various unconvincing answers.
He said the other frightening experience was when Dr Mathani asked him to be introduced to former Malawian President Bakili Muluzi in order for him to open Finance Bank in that country.
He said in due course, the Bank of Malawi was infuriated by the unorthodox behaviour of Finance Bank and ordered it closed for alleged illegal externalisation of foreign exchange from Malawi.
“It was one of the saddest days of my presidency in which I regretted having brought my country and leadership in disrepute.
“There are many such instances and sad chapters in my relations with Dr Mathani which only helped me distance myself because he progressively became the epitome of greed, insatiable greed.
Each time I saw him I feared I was looking neo-colonialism or imperialism itself in the face,” he said.
Dr Chiluba also said the remarks by his Former Vice Republican president Christon Tembo suggesting that there was something personal between the two and that he knew the source of the difference were unfounded and far from the truth.
On the incarceration of Dr Mathani , Dr Chiluba said this was a matter for the intelligence to explain. He said what he knew was that there was a military coup in 1997 and some of the people arrested and charged were convicted.
Mr Mulongoti when contacted for a comment said Dr Chiluba during his tenure was the one who was dealing with Dr Mathani and even incarcerated him.
Mr Mulongoti said Dr Chiluba had still failed to tell the people of Zambia why he arrested Dr Mathani.
Mr Mulongoti said if at the time he was President he felt that there was something wrong between the two, he should have sorted out the problems there and then.
“Dr Chiluba and Dr Mathani knew each other from Ndola a long time ago. They should not start accusing each other in the Press. Dr Chiluba is a former head of State and the people of Zambia are looking to him. He has to attract some dignity,” he said.
Mr Mulongoti who is also Information and Broadcasting Minister said the Government of President Mwanawasa was a government of Laws.
Dr Mathani could not be reached for a comment as he was reported to be out of the country but Finance Bank spokesperson Noel Nkhoma denied Dr Chiluba’s accusations and explained that the Government had several accounts with other banks, the majority of them being held at Zambia National Commercial Bank.
Meanwhile, Dr Chiluba has supported the National Constitutional Conference (NCC) saying it is a noble cause that must be embraced.
Answering questions from Journalists during the Press briefing, Dr Chiluba said the NCC must be embraced and allowed to go on.
He said the allowances given to the NCC members were not too bad considering the nature of the work.
“The payments are not too bad for such a noble cause.
I am not condemning those who are saying so (that the allowances are hefty) but I am in support of those who
are saying let’s go. This is something we must embrace and should go on,” he said.
[Times of Zambia]
Mwanawasa and Mulongoti, let you be warned that Mathani belongs to the prisons and jail the same way is Chiluba.Businessmen like Mathani can not survive on clean deals but only through lobbying the govt and laundering dirty money. Chiluba learn’t a hard way..and soon it will be another presidency, and we hope Mr President you don’t find yourself in the same boat like chiluba. Slowly but sure you are losing your dignity and leverage of fighting corruption by associating with vultures and thugs.
Let chiluba jst enjoy his xmas than the nonsense he is talking about.Where was hw all this tym?
Wanzelu is really ‘Alibe Nzelu’.
Bashi Castro or is it bashi Tito is right. Do y’all remember two years ago President Chuchu sent his clone to withdraw K4 Billion from Finance Bank which belonged to MMD? The case has died natural death. How did money belonging to MMD found itself in personal account of LPM? This is the same as Zamtrop account. Do not trust Mahtani, Levy is using him.
Mahtani is the worst crook ever lived in Zambia. Though nothing is wrong about lobbying the Govt on certain deals, but mahtani always use unorthodox ways to penetrate in every biz is involved in. The ACC should check on him everytime he makes a deal. Finance bank is the best conduit for money to offshore banks in MACAO and other far east destinations.Chiluba knows what he is talking about.Chiluba and Mahtani have the same feathers.They are all crooks.Its better late than never to probe mahtani.
What deals?Mind what you say.All you lot were nasty nasty pipo
Hey Mr Wanzelu noone should shut up. Us common men who are denied the priviledge of overly secretive State House discourse are enjoying this spilling of the beans. At last we are knowing what goes on in the offices of our presidents whom we pay with our hard-earned taxes. Let the role players come out and wash all the dirty linen. I am not enjoying it but I have to know.
Neuter,
And then what???????????????
Face it, world over politics like the hegemonic military occupational thrives on patronage. Trails here for history from the Ronald Reagan era’s Contra scandal, Bush 41 Grenada contra, Clinton’s Kabila 1st Nyamulennge insurrection against Mobutu to the Bush 43 Hegemonic Presidency on Hariburton preferential, the US led Iraq Coalition Provisional Authority appointments and profiteering under L. Paul Bremer & the Retired United States Army Lieutenant General Jay Garner.
Politics in a Democracy the free enterprise is ridden with lobbyist.Such reminds me of America’s richest and corrupt lobbyist Jack Abramoff to the GOP law makers. Corporate cronyism is rife & a cross-cutting issue in public offices here to stay though subject to moderation.
Enron’s Ken Lay was George Bush’s biggest lifetime contributor, and gave him more money. Soft and Hard money to both the DNC & GOP has strings of interest.
This said, don’t be surprised with results and power of patronage.No wonder While you are craving to learn from the archives, some devoted accomplices are cashing in on real time business lines. Tens of thousand miles away are nothing.Be they glued to some university lecture theater chairs in the Diaspora, supply orders are still entrusted with shipments of containers before managing the proceeds as fund managers.Patronage is real and far reaching.
Chiluba is now talking sense. Maybe he should even right a book on things not to do while you are in Statehouse as he was the major culprit and he is paying the price. Chiluba go on and talk. mwanawasa the list is growing for you.
1. Bulaya Prosescution, 2 Katumbi Case, 3. MMD vehicles 4. Mathani backoffice deals 5. Family tree and nepotism 6. illegal land acquisition.. and many more scandals we shall have at time of your leaving office..Zambia must be cleaned of fithy people
Do you know that proposing, lobbying or identifying a multi million Dollar business line on patronage is worth 5% patronage/lobbying pay-off gain? Try Clinching an order line of 10,0000 Combat outfits, Boots, bullets, barets, proof vest for the police or hundreds of powerful military usable computers such as servers, CB radios, Satellite phones, food supply contracts , stationeries, building materials the list is endless. The orders are in billions Kwacha value.
Time will tell and things will fall apart. Ordinary Zambians are dying for lack of medicine and children need treatment and no one comes to their rescue. Recently a child needed to go for medical treatment in Israel and only one patriot Zambian came forward while Mathani was busy donating 100 million to the MMD. sad and shame on these people. Lesa akapingula.
You are in the USA.With all the wealth there under the Federal Treasury since the end of the Great Depression. Has every need among the halve-nots been met in your view? Tell me about the Los Angeles black uprising, the Katrina debacle and many such malaise across the USA.Isn’t it in the USA where the most billionaires are? Don’t they donate big soft money to politics and enjoy exemptions to IRS? Do they meet every human need in the USA while they lead in political donations?
FTJ is on the right track here. Wether he is guilty of his own cases currently in court, he as a citizen of Zambia has the right to ask the questions he is asking.
15. Right Wing Capitalist
What is your point?
Realist,
How does all thet data relate to the story at hand?
The money being paid to participants in the NCC is quite a lot, “too Much”. Its like as like in a community, a man is given a plot and required material to build a house, and he goes on asking payments for labour while buiding the house himself. Who are the NCC participants? Are they not Zambians? Its like the Zambian people have to buy the products of NCC even if its being done by people responsible to do the JOB…Being paid twice. who is the Zambian, the govenment, the state?
19 Fizz,
I agree with you. Tell me one thing, why cant the money be paid to the institutions they are represnting. If Coopers are auditing your books and will devise new financial systems for you do you pay the individual auditors or Coopers? Its Coopers. So If people are represnting various organisations (they have not been selected as private citizens) why not pay this money to the parties they where selected to NCC for? Better still for MP’s add it to any Const. Dev. fund (CFD)
20,
Yours is rubbish without sense.Do you remit your paycheck to your parents that sponsored to get there in the USA? Remember when you were going to the USA you solicited for a bank statement, an affidavit of support and money was given by your parents to sustain your studies.Do you remit your paycheck? Where has that happened? Are those Zambians taking care of the delegates’ families’ needs whilst at NCC? Are there volunteers you know that came forward who were turned down?
# 17
Refer to your post i cite below
“Recently a child needed to go for medical treatment in Israel and only one patriot Zambian came forward while Mathani was busy donating 100 million to the MMD. sad and shame on these people”.
Your expectation is that Mathani should take care of every individual need in the Zambian society. Isn’t that obnoxious? The reference to USA billionaires is to educate you that plutocrats are not responsible for every individual need. Political donation is moral.
Mahtani is the worst crook ever lived in Zambia. He got President Chuchu to sell KCM to a family business that started up in scrap metal dealing in 1995 and all copper insurance is done with PICZ we all now the greed of Mahtani and Chuchu are the must greed in this country. ( No tender post in the country papers for insurance @ Konkola Copper Mines Plc one of Zambia’s biggest company’s )
Chiluba’s allegations (Post Newspapers, Zambia)
By David Chisenga, Lusaka.
Former president FJT Chiluba has of late been making numerous press briefings, where he has made a number of wild allegations.The question one begs to ask is: Why didn’t he do anything about some of these wild allegations when he was still in power and had the state machinery at his disposal?
It’s absurd for him to dislcose that he gave Kaunda’s sons gifts that they were not clearly entitled to! In fact, if he did as he claims, then fresh charges should be brought against FJT for abuse of office.As for the recent allegations against Mahtani, FJT is again ranting and raving without any solid facts to back his claims.If Mahtani is a conman as Chiluba claims, why then did he fail to successfully prosecute him for his alleged wrongdoing during his tenure as president?
Chiluba should simply present all solid evidence he has against Mahtani to the relevant competent authorities for prosecution. Otherwise, he should just shut up or risk the wrath of an unnecessary libel suit. I find it amusing for a man with so many criminal proceedings against him to be busy accusing others. Let him just concentrate on defending himself against the enforcement of the London judgement as well as the numerous other criminal cases currently in our courts of law.
RIGHT WING CAPITALIST where comest thou? Your data mulefungulula about USA is really interesting, however, like KINGDAVD noticed, its irrelevant to the topic under discussion. Free advice to you, find a blog for USA where you can be posting that crap. FTJ like anyother Zambian has his freedom of expression enshrined in the current constitution. By the way hes not that sick to start making wild accusations without evidence. am sure hes loving it because iam.
Hey bloggers, check out new Bwanji.com site. Its really exciting, hopefully the nuisance wont stop in the chat room. Lately there was alot of pipo hauling abuse blantant abuse. Thanx for LT, sense has been restored to the site.
Muntuza,
..and you are proud of patronizing Bwanji.com. Do you have a real wife or cohabiting with some sex worker? Not being offensive here but i see a serious variance in your personality. Hardly 3 days a go you where here unnecessarily announcing that you were headed to some Island with your so called “wife” for 2 days. Within the same period we tracked your blogging traffic from the same protocol.A well cultured and settled husband will be defeated to patronize Bwanji.Unless you’re missing.
Muntuza,
A well cultured and settled husband will have a defeated conscious to patronize Bwanji.Unless you’re missing or your so called marriage was for convenience seek where each in the pack as own life to blow up.You have elders here to carpet you. In that route, your end is on the way.
Maybe Mulongoti was right afterall. Chiluba and Mathani are two thieves who have fallen out of favour and are getting at each other.Levy could be the unwitting victim.Is not amazing crooks always shout allelua!
21. Right Wing Capitalist
FYI, I am not in the USA. And I am not interested in revleainign any more personal details. I can only assume you are in USA, no wonder you are so out of touch with reality and what is happening in Zambia. Thats why your posts are so USA this and that, but why post them here? Just because it happened or happens in USA does not make it right. There is a lot of rot there that we should not embrace, dont be so gullable to USA issues.
21. Right Wing Capitalist
It is obvious to dont have much history on the NCC, I guess being in USA has taken its toll. Look at the delegates stance before they were told they would get 46m/per month. Then look at what NCC is meant to produce after gobbling 300bn. MMD have already concluded the outcome of NCC and are using these greedy people to rubberstamp it.
Right Wing Capitalist
Americans like people like you. You represnt a spineless sect of society that follows what USA does without thought or reasoning. I suppose you waer red white and blue to appease your emperial masters. You even have a fake Amercan accent and, ho no wonder you even call your self “Right Wing Capitalist”. Shame on you.
34 Comment,
Please *DO NOT* taint our blog with persnal petty attacks. Here we discuss issues. That goes for everyone else here. Though I hope Zambians iut there in USA do not celebrate thanks giving without understanding its back ground and origin. Because Amrecans in Zambia do not take party in Zambian celebrations blindly. Let us try to export the good from Zambia abraod, not just talking what we fine. Be proud. Now back lets get back to discussing Zambian happenings
Merry Christmas and a happy new year.Remember the old days….Weulele Buka Weulele Buka ….Leloninshi? CHRISTMAS(Klismas!!!!)
Take care everybody and God bless.
I find it absurd when some bloggers suggest that Chiluba should shut-up. First, there are so many things that you don’t understand between Chiluba and Mwanawasa and later on Chiluba and Mahtani. The same can be said between Mwanawasa and Mahtani. All Mwanawasa has been trying to do from 2001 is to protect his presidency. We shouldn’t be surprised if Levy’s immunity is removed once he leaves office. Just a quick remeinder, where is Galeodu?
Malawi set to switch from Taiwan to China
BY DICKSON KASHOTI
Malawi is establishing diplomatic relationship with China, which, according to a cabinet minister close to the diplomatic swoop, is a move in recognition of China’s growing influence in world affairs.The minister said China has already pledged over US$6 billion in aid including funding of Shire-Zambezi Waterway project, the dream project of President Bingu wa Mutharika.
This automatically means Malawi is severing its 41-year-old relationship with Taiwan despite the fact that Mutharika personally wrote Taiwanese ambassador to Malawi James Chuang recently assuring him of the continued cordial relations between the two countries.Minister of External Affairs and International Cooperation Joyce Banda could not be reached for comment Monday.
However, leader of Malawi/ China talks on the establishment of diplomatic relations between the two countries confirmed on Sunday that Malawi was establishing relationship with China, the traditional archrival of Taiwan, but refused to give further details.
However, The Daily Times investigations have revealed that Minister for Presidential and Parliamentary Affairs Davies Katsonga left Monday for Beijing, the Capital City of China, via Zambia, where he is expected to sign memorandum of understanding.
In Zambia, he is to be accompanied by China’s ambassador to Zambia, as Zambia already has diplomatic relations with China after it cut ties with Taiwan a few years ago.Katsonga’s trip to Beijing follows his other trip to Zambia last week where he met Chinese embassy officials. Katsonga came back to Malawi on Saturday.
Our investigations have also revealed that between November 26 and 27, 2007, a high level delegation comprising Energy and Mines Minister Henry Chimunthu Banda, Minister of Trade and Private Sector Development Ken Lipenga, Minister of Transport, Public Works and Transport Henry Mussa and was led by Katsonga, left for Mainland China for two weeks where they held discussions for possible projects to be pursued after the diplomatic switch.
Further investigations reveal that Katsonga first met China’s ambassador to Zambia earlier this year at a ceremony in Chipata, Zambia, which was also attended by Mutharika and presidents of Zambia and Mozambique.
Katsonga, a key figure in the talks between Malawi and China, also met China’s foreign minister at the UN summit in New York, US, two months ago.
The Daily Times is reliably informed that apart from funding the Shire-Zambezi Waterway Project, China has promised to fund the construction of a multi-million stadium, a youth centre, a science and technology university and take over the funding of projects currently being undertaken by Taiwan.
Sources in government say when Mutharika took over power in 2004, the issue on whether Malawi should maintain its relationship with Taiwan or revert to China, was discussed at cabinet level but one cabinet minister, reportedly leaked the information to the Taiwanese ambassador to Malawi.
The minister was soon after that axed from cabinet by President Mutharika.
Because of that leakage, our sources said, Mutharika was invited to Taiwan where the government was offered helicopters and vessels, which have not yet arrived in the country because of logistics problems.
However, locomotives donated during that trip arrived in the country sometime last year and were commissioned by Mutharika and Taiwanese officials amid much fanfare and pomp.
“China has emerged as the main trading partner of Africa. What government wants is to benefit from such friendly trading agreements and from massive Chinese projects which would benefit ordinary people,” the cabinet minister said Monday.
The minister said the government of Malawi is expected to make its position official within the next few weeks.
Taiwanese ambassador to Malawi James Chuang was in a meeting Monday when The Daily Times sought his comment, and had not returned calls to him by the end of the day.
However, a senior official in the Taiwanese Embassy in Malawi said in an interview the Ministry of Foreign Affairs and International Relations has not yet informed the embassy over the government’s decision to sever ties with his country.
37. eAnalyst
Even if FTJ may be guilty of all sorts, I thnk Levy and Mathani has a lot to answer for. Better late than never.
Pulic eye, whether squinting or not but I thot i said Bwanji has a new site worth having a look at, and chatting too. Iam proud to patronize it and stem the abuse the young haul at each other. When I looked ova LT insults were the order the day. You seem a serious voyuer to me that you care to track protocols of bloggers. Yes I am happily married and was out for two to Rottnest Island if you know where that is. Be proud too view around and just be content with LT. Be open minded man
FTJ’s revelation is worth giving a thought.Questions must be asked: How much Govt money was given to Mahtani in the Furncoz Schools’Desks deal; Was the Contract awarded through Tender Board of Zambia; Was the money recovered when Furncoz failed to supply the Desks;If the money remains uncovered, what’s being done about it today? ACC and the Task Force on Corruption must get to the bottom of this. Zambians have been swindled Enough!The money belongs to the people of Zambia; it must be recovered!!
#Chiluba and Mahtani,
The problem between these two began when Moses Katumbi who was keeping a trunks full of emeralds at Finance Bank Kitwe branch come on TV and cried that Mahtani had facilitated the release of the trunks to unauthorised people.IT later un ravelled that these trunks of emeralds actually belonged to Chiluba and Katumbi was only acting as proxy.The emeralds had been collected by David Tokoph’s brother from Aero Zambia who was quoted as telling poeple that this was his cut.
Chiluba later detailed B.Y. his cousin to preside over meeting Involving, Katumbi,Mahtani and David Tokoph the meeting was at by residence in Kalundu. The outcome was never favourable to Chiluba because Tokoph refused to surrender the trunks of emeralds and Mahtani said he had justifiably released the trunks to him. That was the beginning of the end for Aero Zambia and the end of frienship between Mahtani and Chiluba.
Both of them are thieves indeed there is no honour among thieves.
@CITIZEN,
Please bring out more data. Now we begin to understand why Chiluba is coming out like this. Both Chiluba and Mathani are crooks. People I would rather we encourage both these theives to continue quarelling in the press so we can know more about those secret deals that have costed Zambia billions of Kwacha. But in the end, I feel Muwelewele has and will plunder more than Chiluba did… I think we need a Bin Laden pa Zed, ifybupuba fyachilamo sana!!!!!!!!!!
Chiluba’s spilling of the bean can never come at the rihgt time than this. What Chiluba is spilling is nothing but a tip of an ice berg about what goes on in our public offices especially procuremnet departmets. I don’t encourage the ACC to investigate Manthani but encourage them to be proactive, Manthani is just one businessman mentioned, there are a lot of them involved in crooked deals with the Govt. Can the ACC take interest in public procurement to protect Zambians bad news in the papers.
Mathani need to be punished and his time will soon come. We the Zambians have taken it upon ourselves that, any crook is punished.
Chiluba is now talking and we should encourage him to do so as he has presided on one of the most corrupt govt in the world. Mwanawasa is also proving that he is as wicked. We started the fight against corruption and Chuchu just rode on the crest.. his dip will soon come and if he does not clean this country of crooks like mathani then the axe will fall come 2011.
‘PF won’t punish anyone over NCC but…’
PATRIOTIC Front (PF) president, Michael Sata, says the party will not punish any of its 27 members of Parliament for participating in the National Constitutional Conference (NCC) but those who have committed other offences……
Michael Sata has a low voltage fuse.Disgracefully he operate with a short circuit.His riotous behavior thus far has weakened his reputation.You don’t don’t act like that when facing a difficulty and savvy opponent.MMD now will get more emboldened, scheme more undermining strategies and dress him the “flip flopping tag” which he has proved.
Uranium exploration in Africa spurred by global hunger for cleaner, cheaper energy
Resurgent global interest in nuclear power has made Zambia, a southern African nation better known for its vast copper reserves, into a hotbed of uranium exploration.The search for uranium in Zambia is part of a larger wave of uranium exploration and mining across mineral-rich southern Africa that is raising hopes of new jobs and tax revenue, but also sparking debates over safety and security.
Many countries are looking for cleaner and cheaper alternatives to oil and coal power, and uranium prices are high after a decades-long slump.African Energy Resources Ltd., an Australian-owned mining outfit, is drilling on the southern border with Zimbabwe. Canadian-owned Equinox Ltd. said in November that there is high-grade uranium in the Lumwana open pit copper mine in northwestern Zambia, and hopes to begin stockpiling it next year.
Zambia’s government is now completing new regulations to cover the mining, processing and export of uranium products, says Maxwell Mwale, Zambia’s deputy minister of mines and mineral development for large scale mining projects.”We are assured of a market in the sense that demand for nuclear power is increasing. Now there are these global warming concerns and issues of reducing carbon emissions, so nuclear power is attractive,” Mwale told The Associated Press.
We had to put in place regulations that conformed to International Atomic Energy Agency standards.”Elsewhere in Africa, exploration is ramping up across the border in Botswana. Namibia’s uranium exporting industry has seen a revival, with a US$112 million expansion of the long-running Rossing open mine and the opening of a new mine in 2006 by Australian-owned Paladin Energy Limited.
It’s the “biggest push on uranium exploration since the late ’70s,” says Alasdair Cooke, executive chairman of African Energy Resources, which has poured US$8 million into its exploration project with Albidon Mining Ltd., in southern Zambia over the past three years. “With the global energy market coming under so much pressure (from) new economies, uranium has become part of the mix.”
Faced with domestic energy shortages, the government of South Africa released a draft nuclear energy policy in August pledging a rebirth in the country’s uranium mining, processing and enrichment industries, and the construction of new nuclear reactors over the next decade. The region’s economic powerhouse, South Africa gave up its nuclear weapons program following the end of apartheid in the 1990s but still has two nuclear reactors that produce 6 percent of the country’s power.
The scramble for uranium marks a stark turnaround after a decades-long industry slump brought on by the 1986 disaster at Chernobyl that made nuclear power a dirty phrase, and the end of the nuclear arms race of the Cold War.
Concerns over climate change and pollution created by coal, along with high oil prices, have sent uranium prices from less than US$10 per pound at the start of the decade to a current price of about US$92 per pound. Many countries, including the United States, are planning to build new nuclear reactors, and China is looking to imported uranium for the many nuclear reactors it will use to help fuel its massive economic growth.
Mining companies are looking to countries across Africa. Niger is the world’s fourth largest uranium supplier and produced 3,434 metric tons in 2006.In southern Africa, the search focuses on the uranium-enriched crust of what geologists call the Karoo Basin.
Namibia and South Africa are believed to hold six percent and seven percent, respectively, of the world’s recoverable uranium resources, trailing only Australia, Kazakhstan, Canada and the United States, according to the World Nuclear Association, a nuclear power industry advocacy group.Up-to-date estimates of Zambia’s potential are hard to pin down. Here, long-standing uranium exploration started by Italian and Japanese investors ground to a halt in the 1980s.
“With the price increase we’ve seen in the last couple of years, the uranium resource is now quite economical” to mine, says Harry Michael, chief operating officer of Equinox Minerals Limited, an Australian and Canadian venture that is running Lumwana Mine, along Zambia’s border with Congo. At Lumwana, uranium deposits mingle with copper, and will be mined as part of the same process.
Uranium mining could create valuable jobs in mining, transportation and other sectors in a country where about 20 percent of the work force is formally employed, deputy minister Mwale said.”We would like to see (uranium) mining development so benefits can accrue to our people, and also in terms of revenue to the central treasury.”
Other than more developed South Africa, most nations in the region will remain, for the moment, suppliers of uranium rather than users of it. How much those countries will benefit from their exports will be a key question for policy makers. The issue is sure get attention in Zambia, where the government has been promising for more than a year to increase taxes on foreign copper mining companies that secured minuscule tax rates early in the decade when copper prices were low, and are now reaping
The issue is sure get attention in Zambia, where the government has been promising for more than a year to increase taxes on foreign copper mining companies that secured minuscule tax rates early in the decade when copper prices were low, and are now reaping huge profits.
I challenge fellow policy experts to be magnanimous, patriotic and visionary in formulating policies that will regulate these reserves. Our national interest be the primer. We deserve an optimal gain from these uranium reserves.Lets table sound policies to our politicians.We cannot afford to slid on this one too.
Zambia has 5 Uranium deposit all we need is to make max environmental laws. For instance when transporting the mineral. The belt strechs from Chirundu to North Luangwa.
Deposit are: 1.Chirundu 2.Kariba 3. Central Luangwa, 4.Nyame, 5. North Luangwa 6. North Luangwa. Its important for GRZ to formulate laws to protect the pipo and environment. Zambia cannot afford to have another human disastor after dieases.
Malawi has 2 deposit, Botswana 1, Zim 1 but Zambia has 6 deposit