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State wants a defined relationship with investors-Veep

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Vice President Guy Scot listening to KCM Chief Executive Officer Jeyakumar Janakaraj during a tour at  Nchanga Smelter in Chingola
Vice President Guy Scot listening to KCM Chief Executive Officer Jeyakumar Janakaraj during a tour at Nchanga Smelter in Chingola

Vice President Dr Guy Scott says the Patriotic Front Government wants to create a defined and clear relationship with investors in the country.

Dr Scott said this is aimed at avoiding confusions as well as to ensure that Zambians benefit from the investments brought into the country.

And the Vice President has said his government is working hard to ensure that all industries are revived and expanded in order to create more jobs for the unemployed Zambians.

Speaking at a dinner hosted for him by Konkola Copper Mines Plc in Chingola last evening, the vice president noted that there is need to revive industries that were created a long time ago and expand them because the country’s population has increased over the years.

Dr. Scott said his government also wants to build a clear relationship with investors so that they can operate freely in the country and spread the benefits to the local people.

He said his government does not want to be seen as being a puppet to foreign investors but as partners who will work together in creating jobs for people.

Dr Scott said he undertook the visit to the mining towns to see if there are any controversies instead of listening to rumours.

The vice President further hailed the people of copper belt province and Miners in particular for being the first Zambians to welcome the formation of the Patriotic Front as a political party in the country.

He said government will ensure that it delivers to their expectations for being part of team that formed the party in power but noted that similar developments will also be taken to all parts of the country.

And speaking at the same function KCM Chief Executive Officer Jayakumar Janakaraj commended government for creating a peaceful and favourable environment for investment and pledged that the mining giant will work hard in the best interest of the country.

Mr. Janakaraj said his company has settled in the country very well and will continue to uplift its values of working as partners in progress and prosperity while operating with excellence.

He disclosed that KCM has long standing programmes in Zambia and will use its billion dollar investment to build durable infrastructure that will benefit Zambians.

Immediately after arrival in Ndola the vice President drove to Kitwe where he toured the KCM owned Kitwe Trades School which has now been opened to offer skill training not only to KCM employees but to the public and other mines.

Dr. Scott was impressed with company’s initiative to open the school to the public.

He later toured Nchanga Mines and the Copper smelter which is located within the mines in Chingola.

The Vice President has since returned back to lusaka after he toured an under ground mine at Konkola Copper Mine Shaft 4 in Chililabombwe today.

The vice President also visited the the Kasumbalesa border post located a few kilo metres from Chililabombwe town.

ZANIS

17 COMMENTS

  1. No investors want to be associated with a third world country unless they know they will take advantage of the country itself
    Who wants to invest in Zambia, let alone live there?

    Thanks

    • You’re such a negative person. Your opinions are always irksome, I just don’t understand what drives you. Even if the investors would take advantage of Zambia, it’s an association too, but of course a negative one which the government of the day is trying to prevent. You claim to have all those big qualifications in business but your options don’t even portray that. Shame on you Mushota.

  2. Mushota, without a doubt you’re an ill-bred brat and a nagging attention seeker. You’ll never learn and you just enjoy your slavery. I wish you had better looks to compensate your dangerously low levels of knowledge, lol!

  3. Mushota you are the proverbial “devil’s” advocate. 

    Does your name mean a shortage,  someone who pinches or is it simply incomplete?

  4. I largely choose to ignore trolls (1.people whose main purpose is to illicit anger on a mesg boards/ fora for the sh*ts & giggles)  where ever they may appear.
    Regarding what Dr. Scott says, I agree with the sentiment however it’s the lack of follow through on the part of Gov. that’s worrisome; we are yet to see how well the current Sata administration fairs in this regard. The dinner hosted in his honor , in my view, is suspect. I say this because it’s something that’s usually done when you want something in return, a sort of courtship where you ‘pay’ or ‘reward’ in expectation of a favorable return. However I could be mistaken. What I do want to see is quantifiable and tangible interaction that does that of which he ( Dr.Scott) speaks.

  5. @Mushota#1
    Hey my love you are making an understatement. These days a number of westners are turning to peripheral countries or otherwise known as the third world as it were known previously for real returns in this globalised world. You must recall that TRCs or multinational corporations have even gone to the extent of moving their headquarters to core areas where production of raw materials occurs. This holds true especially in mining and in sectors such as gas or oil extraction. These TRCs are also aware of the host countries’ industrial strategic policies which are primarily designed to empower citizens through the transfer of technology and other necessary advanced skills. Please, don’t be simplistic.

  6. People must ignore mushota, we blog for a reason. Mushota Chipuba, or is an agent but people pay too much attention to her posts. 

  7. \:d/ Grammar Nazi alert!  \:d/
    Note to the author of this article, ‘kilo meters’ is actually kilometers. Hopefully that was just a typo; I would urge greater effort in proof-reading, if you prefer a more professional prose.

  8. After the video we saw here of exploitation by Glencore & mopani mines,the environmental harm they do and the .06% exploitative taxes they negotiated why do we still want these infestors?Develop local knowhow and sahau muzungu.

  9. What did u see did u find out that we were lying when we were saying there so many indians in the plant who hav taken up all jobs zambians supposed to do.

  10. Good afternoon

    A well defined role as equal partners with the investors has a lot to do with our dignity and self-esteem as Zambians.

    We must never allow inferiority complex such as the one manifested by Bloggers like #1  to take hold of us. I have interacted with bloggers from China, India and Kenya and I have never seen any of them filled with so much hatred for their place of origin. They all want to be associated with the succes in their countries.

    There is a lot of racist nonsense packaged about Africa spreading accross the west and it is very sad to see that some of our people have allowed themselves to be reduced to a status of self-denial and oblivion. 

    Africans have nothing to be ashamed of. Our economic success starts with a positive self-reflection of ourselves.

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