KCM sends 133 employees on leave to allow for a review of the firm’s operations

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KCM

KCM
KONKOLA Copper Mine (KCM) has sent 133 employees on leave to allow for a review of the firm’s operations with a view to increasing productivity and ensuring future profitability.

And three miners are admitted to Wusakile Mine Hospital in Kitwe after they suffered burns at Mopani Copper Mines (MCM).

On the forced leave of the 133, KCM said in a statement made available in Chingola yesterday that the employees have not been made redundant, but this option remains open given the economic conditions facing the company.

KCM chief executive officer Steven Din said: “The global copper industry is currently experiencing very difficult business conditions. This includes KCM. Our clear objective is to return the company to profitability.”

Mr Din said the decision to place 133 employees on recess has been a difficult one, and that the company understands that it will create distress for those involved and their families.

He said there is a possibility of the positions involved being made redundant, but that this will not be done until all options have been fully evaluated.

“In any case, we will ensure we provide all necessary support to the individuals involved,” he said.

Mr Din said the mining firm is in contact with the Government and unions to update them on the current situation.

8 COMMENTS

  1. …what a diplomatic way of declaring employees redundant….the affected employees may as well just psychologically prepare themselves for their exit….

  2. Wait until the Chinese at Chibuluma do the same. I guess the 500000 jobs earmarked to be “created” in one year by some job creating expert will need to be revised upwards to swallow these new entrants into the future job searches. Guys whichever side of the political coin you belong, things ain’t good and we seem destined to a long tough time if some of these politicians are kept to rule us.

  3. Any Indians on the list I wonder? Most hardly do any work and get paid several times the the average wage of a local Zambian employee.

  4. This idiot called Din was thought to be sensible when he took over, I was optimistic he would make it, being civil and half British, but hey,. Why don’t you send 200 Indians back home, you will save a fortune, and they already have the jobs where they came from (Sterlite, Hindustan Zinz, Dariba, Zawar) and leave the humble miners alone.

    Why pick on Zambians? One day this country will not know peace……………………..

  5. at chibuluma they have already given to some employee termination letters and their last month will be this September 30th and the gvmt is a wear of this.

  6. These guys are smart. Kumar threatened to retrench 1,500 employees at once. He was made to runaway at night.
    Now these guys are off loading them in small tranches & none is the wiser.

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