The People’s Republic of China and the Government of Zambia have injected K14.6 million into Mulungushi Textiles to operationalize the ginnery.
And President Edgar Lungu said the governments of Zambia and China have continued to support the revamping of the operations of the giant industry amidst challenges.
President Lungu said these efforts culminated in the opening of the garment factory and saw the production of masks to help curb the transmission of the coronavirus.
“It is worth noting that the garment factory went a step further and started producing garments for the defense and security personnel,” he said.
ZANIS reports that President Lungu said this in a speech read for him by the Ministry of Defense Permanent Secretary, Felix Phiri, during the handover of two cheques worth K14. 6 million as well as the flagging off, of the cotton purchasing exercise in Kabwe yesterday.
The Head of State said the occasion signifies a joyous day and rekindles the hope of the people of Central Province and the country as a whole.
“This day signifies a joyous day, as it does not only rekindle our memories about our strong friendship with the Chinese Government as affirmed by our two great leaders, Dr. Kenneth David Kaunda and Chairman Mao Zedong, but also brings hope as we handover these cheques of US$200, 000 from the People’s Republic of China and K10 million from the Republic of Zambia to support the operations of the ginnery,” he said.
He said the funds injected into the company are intended to help promote more value to the company in the short term and the country at large in the long term.
President Lungu has since called on the management of Mulungushi Textiles to ensure the capital is used to stir meaningful strides in revamping production and enhancing the livelihood of the people.
Meanwhile, Central Province Permanent Secretary (PS), Bernard Chomba, said the Zambia-China Mulungushi Textile has a strong perception for the people of Kabwe and the entire province.
Mr. Chomba has described the occasion as a dream come true and urged the public to realise that government is working hard without leaving anyone behind.
He said the awakening of the mega factory will, apart from creating jobs, generate numerous opportunities in the agriculture and transport sectors.
And the Chinese government representative, Yitong Yang, said Zambia and China have been all-weather friends adding that the joint venture will consolidate the friendship.
LIES LIES LIES
Every 5 years the people of Kabwe hear they same joke and they vote the same way.
Mulunguhi Textiles is not viable. No amount of money can revamp it. This is a smoke screen.
No politician can repeat the Mulungushi lie and expect to be welcomed with open arms.
Every election Mulungushi Textiles gets revamped.
Must be nice to work there, get a fat pay cheque for the next 5 years and spend your days on holiday waiting for the next election.
Why don’t we learn? This company keeps failing because of very cheap imports from China.
Edgar, have some shame. Mulungushi textiles story again????? This man is a pro liar.
Great partnership with our friends.
??????????????
W?men ài n? jiù xiàng y?gè pàng háizi ài dàng?o
The Chinese steal and then pump in pittance before elections, then go back to stealing through stage-managed tenders. Majority is gullible, live for today, whosoever gives freebies during election times gets the votes and miseries force years continue for the masses and royal plunder with foreigners continues for the King and his minions. Juda
K14m is not enough. Certainly not at the current US dollar-Zambian kwacha exchange rate.
FORK OFF KAIZER ZULU
GET YOUR AIR TICKET READY FOR CHINA
IF YOU DONT HAVE THE BUCKS LET ME KNOW
MOST BLOGGERS ON HERE WILL BE TOO HAPPY TO CONTRIBUTE
GOOD RIDDANCE WE WILL SAY
$700,000 hahahahahahahahahahahahahahahaha!!!
The people of Kabwe must be something else to take this seriously.
The reason why Kafue and Mulungushi Textiles have failed to be revived is because of the Zambian penchant for imported clothes. SALAULA is what killed the textile and fashion industry in Zambia. The best Finance minister Zambia ever had was the late Ronald Damson Penza. He slapped taxes on Salaula and his own MMD MPs laughed him to scorn. Paul Kagame banned salaula in Rwanda and look at the Rwandese textile and fashion industry! Rwandan designers are now competing in Europe and Asia.
ZMW14.6m cannot do anything to change the fortunes of that company. Sorry to burst your bubble.
Oh look they are doing it again….
THATS THE PF POLICY KEEP PEOPLE SEMI LTERATE AND THEY WILL BELIEVE ANYTHING
BUT I GET THE SENSE PEOPLE IN KABWE HAVE WOKEN UP AND THIS WILL BEEN SEEN ON AUGUST 12
Tikki aka tarino you are now angry haha
Enock Mwepu has signed for Brighton Albion on a 4 years contract from Salzburg.
Shame to the the privatisation manager
Surely privatisation should be an issue worth talking about in this season
If it was 14m US dollars yes not 14m kwacha. This is another election joke like in last election
Every five years in July mulungushi opens and every September the same year it shuts down again and goes into hibernation for the next five years. Unfortunately (or fortunately) this year they have not even bothered to reopen but just made the announcement which in itself is totally fake as not even a single ngwee has been transferred to mulungushi account.
My issue is the people of Kabwe, strangely they will vote for them again based on the same lie they are told every 5 years
Privatization program destroyed the nation economically and employment came to zero because companies were no more parastatal companies were about 295 today government only has 28 parastatal companies, what is disheartening is the chaps who took part in the process are busy misleading people ati unemployment and economic challenges are caused by the pf government, assuming the then government sold 50% shares the story would be different in regards to unemployment and economic challenges, what is sad is Zambians easily forget..We have already heard from Mr kalusa ati he will give back the two mines to foreigners meaning going backwards.