Opposition leader Hakainde Hichilema has been invited to attend the 15th anniversary of the Mining Indaba which opened in Cape Town, South Africa today.
Mr Hichilema will join South African President Cyril Ramaphosa and his Ghanaian counterpart Nana Akuffo-Addo and other business executives at the largest gathering in the mining industry.
He said the UPND believes in win-win situations between mining companies and the countries they operate in.
“We arrived safely in Cape Town, South Africa where we will be attending the 25th Mining Indaba. This is the largest mining indaba in the world where governments, investors and high profile business leaders meet. This year the indaba will see Presidents Cyril Ramaphosa and his Ghanaian counterpart Nana Akuffo-Addo give keynote addresses,” he said.
“We will be joining other high ranking Government officials and Mining executives in this endeavour as we seek solutions for our country and our people. The Indaba will discuss among other things, diversity and inclusion where communities will participate more in the mining industry. It shall also discuss talent management and sustainable employment in mining as well as the role of big data towards the year 2050.”
“For us, as firm believers in win-win situations between mining companies and the countries they operate in, we are grateful to the organisers for inviting us once more. Of particular interest to us is the conversation around women in mining, we believe this is the time we give opportunities to the women folk to fully participate in this industry that has been dominated by men,” he said.
Mr Hichilema said the involvement of women should provide a good segue into diversifying the mining industry.
He said this will eventually land Zambia into community participation.
“We are firm believers in empowerment; this is the reason we have always emphasised that joint ventures are the only way the local communities can participate in this industry that requires heavy financial capital investments. Where our people do not have finances, they have land which is their equity contribution. This is how we will have mining industry benefit the locals,” he said.
“We are excited with this particular Indaba which comes at a time when the tax regime in Zambia has been adjusted for the 9th time in 18 years. We shall take this opportunity to engage with the mining houses and have constructive dialogue on what would be a fair taxation system from their point of view and from our point of view,” he said.
“Such dialogue is essential in order to achieve a situation where mining investments benefits Zambia and Zambians as well as well as investors (win-win situation).”
“Hello spider. Meet fly!”
You want to ask a business what level or type of taxation is they should pay and you expect an honest answer? Go figure! Taxes should depend on real data and facts, not on cooked up figures from the very people you aim to tax. Sure, cooperations can have their say, but the Govt always have the last verdict.
That’s right representative.
Thanks Ba Edgar for sending HH to a business forum, things he knows better.
He thinks political is a business
JUST A QUICK ONE, WE ARE ALL PROUD OF THIS GREAT SON OF THE SOIL HH FOR THE INTERNATIONAL COMMUNITY TO RECOGNISE HIM AND INVITE THIS GREAT LEADER. I KNOW PF CARDERS ARE CHOCKING WITH ENVY KNOWING THAT HH NIKA SWILI IN ECONOMIC ISSUES NOT THESE FUUZ WHO SPENDS K1 BILLION TO RECEIVE FINISHED FIRE TENDERS FROM 1980. SHAME ON YOU. 25 PEOPLE GOING TO USA TO RECEIVE 2 FINISHED FIRE TENDERS
Go any where in world. You will never find a single Mining Investor Company giving a win-win Deal or signing to a prudent Taxation Systems to a sitting government.
The applies to Oil Drilling Companies as well.
This is because Fundamentals required to run a mining business are complex.
Second the Commodity Exchange Markets are very versatile and a-tune to global Geo-Politics
The minute a country like the USA DECIDES or THREATENS to go to war with another nation. The commodity markets goes crazy. Oil and Metal prices spike up and down on the London Stock Exchange and Chicago Metal Exchange. Which in the eats the Mining Investors all over the world.
Commodity Traders are their to bet and make money using Short Selling against Long Selling or Future Contracts. Or vice versa…
Don’t…
So mining investors will screw any nation at all cost to create a Capital Safety Net.
This is because it requires pumping in a lot of money for long period of time before they can see profits coming. And if the seed capital was a loan and foreign exhange is not stable. Then these investors will review their investment strategies every after one financial year. ( Our Kwacha is Not Stable )
An average mining investors starts seeing profits after 5 years of implementing the projects.
Besides ask any Professional Taxation Accountant, they will tell you that these taxation professionals never get it right. Even in developed nation. But they won’t mention but would rather condemn African Nations at all cost.
HH know this very well. He must not start sounding as if he…
Don’t..
He must not start sounding as if he has a magic formula that can change the Status Quo and promise Win-Win Situation.
Having said all the above. It does not mean we must become complacent or less patriot. Zambia must benefit from its minerals.
Sorry.. Typo Error
Don’t… is meant to be
Cont…. to next page
HH has nothing to offer to poor miners…he always sides with the exploiters….he is a terrible betrayer.
“This year the indaba will see Presidents Cyril Ramaphosa and his Ghanaian counterpart Nana Akuffo-Addo give keynote addresses,” he said.” These two are relevant. When HH is out of the country, it seems there is less nonsense.
Hichilema is the best hired gun for imperialists, BP pensioners are still crying. When it comes to money, he’s ruthless: Saturnia & Regna man. Ask any of his workers they will tell you that he’s bad news, he’s worse than the Chinese. At least Chinese pay peanuts Hichilema doesn’t pay
The PF cadres are expressing views as if they are in opposition, be reminded that you are in power unfortunately the nation is sinking economically and other international institutions have already labeled it as Junk. If you have no capacity as a government to formulate the right policies, don’t vent your frustration on the opposition parties.
@Ayatollah, you want to HH to pay you in stocks? Where are you going to cash a check from Panama bank?
At least he gets cash from zambeef.
Why does he always put imperialists before Zambia? He thinks people will forget the discount prices he let our mines go for. This joker can stay in South Africa as far as I am concerned.
@Nzelu, the joker is you. Don’t behave like an ileterate who always accuses others of causing dust when they jumping into a swimming pool. So what was Nawakwi’s role if you are going to be blaming HH.
In Friday November 02, 2007” former finance minister Edith Nawakwi has revealed that the IMF and the World Bank pressured the Zambian government to privatise the mines on the pretext that copper prices would not increase in 20 years.
Hakainde is so useless!! Surely do you expect these mining crooks to give you a “fair taxation system”? The same con men who year in year out continue declaring losses through transfer pricing and other questionable tax avoidance tactics? No wonder you keep losing elections like a hobby!
Only Larry Mweetwa, believes that HH can talk win-win with the mine investors in Zambia after he negotiating the worst prices for the Zambian assets and buy them himself with his friends.
What “win win ” situation? Just invest your colossal sums into mining.
Is this the government where a sober citizen who holds divergent views politically can invest massively? Count for yourself how many opposition members have been chocked out of business due to political pressure. Cannot even accommodate poor cadres belonging to opposition parties to operant freely in markets and bus stations. If some PF members who don’t agree with the system have equally been sanctioned. Some people are in PF just to protect their investment and to win a few contracts falling out of the Chinese mouths.
What a useless excuse for failing to invest in your own country ? So it’s easier for your HH to invest in the fight to get to State House than in the Nation’s natural resources. I become suspicious when I see a person using all methods including selling out to foreign agents just to become president.
Imwe HH akuna kintu. He is a us1less person.
On this one HH you have to be with the Zambian Government current stance. Don’t be friends of foreign mini ng giants
let him attended what ever invitation our country has nothing to do with such indaba,we have got our own system of governance
System of begging and being second class in our own country ka!!??
They have invited you because they feel you can be manipulated. But the problem is that you are nowhere near power even in the foreseeable future. So that indaba will not be any different from the failed national dialogue. The stance you have taken on the tax regime change clearly portrays you as a self centred person and allegations of you under-valuing our mines can be confirmed. SAD.
This guy needs advisors for sure, how can he be on the mining giants side when he also want to be the zambians president. no wonder king cobra thought you are under five. just when zambians start thinking that you are their savior you quickly sell them to the highest bidder.
HH has dug his own grave, its confirmed he doesnt run UPND but just a front for imperialists. Another campaign agenda item come 2021, the chap has even forgotten the pain he subjected Copperbelt miners during privatisation, does he care? Ask me again.
I know the President Lungus powerful delegation will be overshadowed by one great businessman from Zambia.
HH must be a very intelligent person for him to have sold the mines by himself through privatization and who up to to date no one has come up with concert evidence to prosecute him.
Of course, a smart economic saboteur!
Who said crooks are dull?
* concrete
Trib.al naiwe, you said it all on radio interview last week and Sishuwa Sishuwa explained all in full. What more you say when we already heard you and your trib.al thoughts?
Wanyara?
I hope Trib.al Hacks will not speak at this indaba, otherwise he will contradict good messages from Presidents Ramaphosa and Akkufo-Addo.
“…We will be joining other high ranking Government officials…”. Is it a grammatical error or Trib.al Hacks thinks that he is also an important government official? Ndipo aufuna bu boma! Never mwana you remain where you are!!
There is a working government in Zambia. Why invite the opposition leader. Is he reprenting the country like the Ghanaian and South African Presidents. Then we can smell a rat. These mining companies are going to fund HH so that in turn they get the mines again.
Abena Judas Isc…again. You are right Champs. I can smell ANGLO chakuti behind this invitation.
If lungu had any iota care for the development of Zambia , put aside his paranoia and insecurities he would form a GRZ of national unity to include figures like HH, chipimo and other well educated technocrats ….. use them to march Zambia in unison to development….
Our Constitution doesn’t have such a clause. If your western imperialist lap canine doesn’t make it at the polls that’s his funeral. We cannot bend the law just because of one ultra ambitious demagogue. Besides there’s no crisis in Zambia to warrant breaking the law.
I think something must have gone terribly wrong with HH when he was at Mukobeko. The chap is a scatter brain. What do call his mouthpieces like Spaka?
HH is Useless
Whether people hate HH,I still have great confidence in him.May Hod protect him
“….we are grateful to the organisers for inviting us once more….”
But Mr Trib.al Hacks naimwe, why make mountains out of mole hills just to make yourself look important and relevant? Even I do have an invitation to attend and I am invited every year but I don’t respond to all. In fact you do NOT need an invitation at all. All you need is pay the registration fee after filling the forms which are available on website. The organisers are in the business of organising these events bwana. The more people register and pay the better their bottom line. For you Trib.al Hacks it’s a big thing? Kikikikikikiki…….kwena trib.al reasoning, kwati kaice.
Zambia should be proud to have a person of influence like HH who is recognised world wide zambias future is bright when he becomes the president in 2021
HH is there becuase the whole continent finds no value in that drunkard you call a president …. Period. And you throw your bitterness on HH, its not his problem that hes a brilliant business man. Jealousy … will kill you zambinas, thats why you would rather have an 1d1ot as a president just to block someelse ….. lets see who suffers.
@Kapola
You are stu.pid like hh. Wait 2021 is coming your useless hh will lose again.
Zambians have rejected hh year in year out. We don’t want de.vil worshippers ,iam sure you are one of them because you have no respect and manners.
Opposition leader Hakainde Hichilema has been invited to attend the 15th anniversary of the Mining Indaba which opened in Cape Town, South Africa today.
Mr Hichilema will join South African President Cyril Ramaphosa and his Ghanaian counterpart Nana Akuffo-Addo and other business executives at the largest gathering in the mining industry.
Ramaphosa understands the situation in Zambia to invite HH… should read; Mr Hichilema will join other business executives at the largest gathering in the mining industry.
Please let him feel presidential just for this bit….he deserves it.
It’s good for him. He is packaging himself. Unfortunately he is not sellable in Zambia.
Consider Zambia first halitosis hichilema
THE GUY FEELS GOOD TO ATTEND SUCH MEETINGS. ANY FOOL CAN ATTEND SUCH. AS LONG AS YOU ARE A BUSINESSMAN. THE CHAP WILL JUST BE ONE OF THE PEOPLE IN THE AUDIENCE WITH THE OTHER COMMONERS. LAST TIME HE ATTENDED PARLIAMENT IN SA BUT WAS ONLY CONFINED TO THE COMMON FOYRE WHERE EVEN SCHOOL CHILDREN SIT WHEN LEARNING ABOUT PARLIAMENT. BUT UPND WANTED US TO BELIEVE THAT IT WAS BIG.
The MMD were duped by the World Bank and the IMF that by getting government out of running business things would improve. ..yes things improved. ..not for the other ordinary Zambian but very much so for the foreigners. HH is assuring the same foreigners heaven on earth if they supported him get his ultimate goal. Zambians must put aside their differences whether political or regional and defend our natural resources. The investor will notnot freely do us a favor, we have to fight.
We have a lot of people who comment without an understanding how businesses and governments can cooperate in trying to create a win, win situation, this will all depend on how smart the government negotiators are and what they are aiming to gain by getting that investor to invest in the country. Sometimes sweeteners are put into place, including tax breaks. Just yesterday it was revealed the British government had offered Nissan manufacturing company £80m for them to invest further in the UK in the production of a new model of their cars, someone would be thinking how stupid are the British to do this? There is nothing stupid about this, they would have worked out their benefits in terms of jobs created, taxes etc and realise that the benefit for them would probably be there. So a win,…
es we can give the examples of Britain etc but it must be within the context of our situation in Africa. You have to understand that while we make direct comparisons with countries that are taxing their companies well and companies are more candid with their records when they operate in Britain and other developed countries than when they operate in Africa. We are coming from such a background. In the past Zambia has given Companies up to 5 years tax free to attract investment. Time has come for the companies to be more candid and contribute to the tax coffers more equitably. You and I would not be be economic refugees in Britain and South Africa if we had among other things proper and equitable tax collection to develop our country.