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Bishop Mambo urges govt to help Zambian Airways

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Chikondi Foundation President Bishop John Mambo has advised government to come up with an economic recovery plan that will help companies such as the Zambian Airways.

Bishop Mambo says there is need for government to come up with economic measures that will help Zambian Airways to recover from its operational problems and ensure that sustainability in the operations of the company.

The Lusaka based clergy told ZANIS in an interview in Lusaka yesterday that it was sad that some companies in the country were suspending operations when the global economic and financial crunch was at its peak.

He said there is an urgent need for government to work out modalities that would help the local airline to recover as it had an important role to play in the country’s economic development agenda.

Bishop Mambo observed that if the local airline was helped to recover from its problems it could play a paramount role in helping the country to mitigate the effects and challenges that may be associated from the economic and financial down turn.

He said that the airlines suspension of its operation would have negative implications on the Zambian economy as it was a growing economy.

Bishop Mambo further said that the suspension of the airlines operation could have been avoided had the government intervened in the matter.

Bishop Mambo, who is also former Church of God Regional Overseer, said that since the airline was a strategic courier, the Zambian government would have emulated other countries in the world that had dealt with the industry and helped the airline find a lasting solution to the problems affecting the airline industry.

He described the suspension of the airline operations as a tragedy in the country’s airline industry adding that there was an urgent need for government to put in place extra remedial measures to sustain the airline operations and protect the jobs of workers in the company.

Bishop Mambo has since appealed to government to ensure that the operations of Zambian airways were sustained as most Zambians depend on its services.

last week , Communications and Transport Minister Dora Siliya had informed the nation that government had not received official report from the airline on the suspension of its operations.

Last week the Airline suspended its operations citing among other issues high fuel costs which has hampered its operations.

ZANIS/TK/MKM/ENDS

“Mr Minister, have you made an appointment?”

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by Chilekwa Mumba

Reading the paper last week, I came across the news story, which reported the minister of labor Austin Liato being blocked from entering our mines. And the reason? Well it seems our esteemed investors require ample warning for a senior member of our government to inspect our mine.  This begs the very silly question, has an investor (whether foreign/domestic) got the right to reject an impromptu inspection of labour conditions of our citizenry?  The answer is obvious… preceded by an unprintable) NO!

Well seemingly, our investors have drawn enough influence from Zambia’s corridors of power to operate as they wish. In no way am I trying to castigate Hon. Liato. Clearly the man had right intent to check on the mine’s labour conditions, but he received a very unwelcome welcome (to put it mildly). Now this begs another question, what type of agreements is our government alluding to, for a foreign investor to have the audacity to treat the Minister in such a way?

It seems to me that someone in government has “reauctioned” Zambia, to the cheapest bidder. And I say cheapest, because it is common knowledge that our investors do not treat our workers with the dignity they deserve. And poor Hon Liato made a very fitting comment, to the effect that if they (the owners of the mine) could treat him like they did, what more the ordinary Zambian (and please forgive my word “ordinary Zambian” because there is nothing extraordinary about Mr Liato, or any other government official…I digress but please take note).

That incident has passed, now here is some food for thought. As the old adage suggests, one cannot cry about spilt milk. Nevertheless, there remains “milk” which should not be spilt any more considering the plight of the majority of our citizenry. Mr. Liato and the powers that be, should take this incident as an eye opener for how some of these investors regard us. Government should first of all ensure that this incident will not repeat itself. We need to draw a line between investors and authority. When we sign agreements as a country, we need to put our people’s interests first. Clearly from this incident, someone in government has given this investor the right to act in the manner they did. This “Mr Liato did you make an appointment?” saga proves that once again, our country has been compromised due to some spineless and selfish individuals somewhere. We need to get back to the drawing board before we sell our country’s future.

LCM investment amount to $US 1 billion

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Lumwana Copper Mines (LCM) says it has invested over one Billion United States Dollars in the construction of the Mine and development of a modern new City with International standard services in Zambia’s North Western Province.

ZANIS Kitwe reports that Lumwana Copper Mines Chief Executive Officer Harry Michael said the Mining company had persevered with its investments, exploration, technical work and employment at a time when many investors in the mining sector had abandoned the country.

Mr Michael said this at Chambeshi Copper Smelter in Chambeshi today during the official delivery ceremony of Lumwana’s first Copper Concentrates to the newly constructed Chambeshi Copper Smelter (CCS).

He said the Company had in 2006 secured a $664 million debt finance package from 14 International banks to develop LCM into the largest Copper Mine in Africa.

He added that the loan was the largest debt finance package in the history of the African continent and a testimony of the amount of faith the Investors and shareholders had in the Government and people of Zambia.

Mr Michael noted that Lumwana has since entered into an agreement with the Chinese owned Chambeshi Non Ferrous Metal Cooperation and its partners Yunan Copper Group to enable CCS process Copper concentrates coming from LCM.

He said the decision to use CCS in processing Lumwana concentrates highlights the positive downstream benefits that the mining company has on development of infrastructure, investment and continued employment not only in Chambeshi but on the Copperbelt and Zambia as a all.

He disclosed that his company had found a strong desire by CCS to have long term partners in an industry were so often business relationships were only for short term gain and unfairly took advantage of unfortunate circumstances.

Mr Michael observed that such commitment and vision by the Chinese was demonstrated in the CCS’s own large investment of over $300 million in Zambia and their active involvement in the establishment of a multi facility Economic Zone for Chambeshi area to encourage further investment in related businesses.

And speaking earlier at the same function CCS Chairman Zou Qiao commended Lumwana and the Zambian Government for showing confidence in Chinese investments in Zambia.

Mr Luo said the agreement between Lumwana and CCS would only be consolidated and bear fruit if the two parties executed the project in loyalty and honest.

He also pledged his company’s commitment in meeting their social responsibility in their areas of operation.

And speaking on behalf of the workers of CCS Project Engineer Sylvester Mtonga commended management at the company for providing employment to the Zambian local people at the time when most industries were retrenching workers.

He also hailed Lumwana Copper Mines for partnering with CCS by providing more than 50% of Concentrates required to keep the project afloat.

Mr Mtonga appealed to CCS to motivate local employers in all aspects of human endeavor if the company was to attain high productivity.

ZANIS/LK/MKM/ends

Task Force and Judiciary violated ACC Act, Chungu and Kabwe

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Mr Aaron Chungu distributing a copies of the alleged secret document about the taskforce on corruption to journalists in Lusaka
Mr Aaron Chungu distributing a copies of the alleged secret document about the taskforce on corruption to journalists in Lusaka

Former Access financial services limited directors’ Faustin Kabwe and Aaron Chungu have asked the government to constitute a commission of enquiry to investigate and establish whether there has been collusion between the judiciary and the Task force in the prosecution of their case.

Mr. Chungu said they have come across a signed memorandum of understanding between certain donor countries and the Task force on corruption whose content on the advised counsel violates the constitution and undermines the administration of justice in the country.

Mr Chungu disclosed that the MOU has an attached restricted strategic plan of the task force , of which clause 2.5 says that the successful prosecution of the cases will depend to a large extent on the integrity and competence of the magistrates assigned to handle the cases.

He stressed that the clause alludes to a clear collusion between the Task force and the Judiciary noting that this has instilled fear in them, that their trial in the courts of Law and the results are predetermined.

They have since written to the Vice president George Kunda , Justice Minister and the Director General Anti-corruption commission ACC to investigate possible violations of the ACC Act in the interaction between the Task force and the Judiciary.

Mr. Chungu was speaking during a media briefing in Lusaka today.

ZANIS/AH/MKM/ENDS

Zambia Enter CHAN Camp Under Renard Storm

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Zambia enter training camp early this week in Lusaka to begin their build-up for next months inaugural Caf Africa Nations Championship (CHAN) tournament that will take place in Cote d’Ivoire from February 22 to March 8.

22 plus players including some new call-ups from trials held in Kitwe on Friday and Saturday for the Copperbelt-select team are expected to join the team in Lusaka.

The team goes into camp in the wake of a seemingly unsettled Herve Renard’s outburst on Saturday when he threatened that he would not travel with the team to CHAN because of the looming prospect of losing some key players for the tournament who have trial commitments outside Zambia.

One player in question is Lusaka Dynamos midfielder William Njobvu who is due to leave for Russia for a brief trial stint at CSKA Moscow while Renard will be without at least four players from Zesco United during the preliminary two weeks of training camp due to their Caf Africa Champions League commitments.

Zanaco striker Roger Kola too is an uncertainty with reports linking him with a move to Israel.

Defender Hichani Himoonde of Zesco United and Maunga Kabuku from Kabwe Warriors are all due to miss training camp due to injury.

Players registering with a foreign club during the January Fifa winter transfer period will be ineligible to take part in CHAN which is a new Caf biannual national team tournament for home-based players that will run in an odd year to the Africa Cup.

Sources claim Renard could also be without defender Emmanuel Mbola of division 1 north side Mining Rangers who is said to have a pending trial spell with an unnamed club in Scandinavia.

However, dispute his protests over the possibilities of no-shows in camp this week, Renard should have key Power Dynamos midfielder Kennedy Mudenda, defender Elijah Tana of Nchanga Rangers including striker Given Singuluma of Zanaco.

Meanwhile, the team has two international friendly matches lined up over the coming 25 days with away matches against South Africa at Super Stadium in Pretoria on January 27 and Cameroon on February 11 in Yaounde.

Zambian among the US plane crash survivors

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The crashed Airbus airliner being moved from the Hudson River
The crashed Airbus airliner being moved from the Hudson River

A Zambian was among the 155 survivors of the US Airways Airbus A320 plane that crash landed  into the Hudson river in New York on Thursday.

Joseph Moyo 45, of 51 Mosi-o- Tunya road in Livingstone survived along with other passengers of the US plane crash.

Mr. Moyo told the Zambian Embassy officials from Washington DC that he was on a business trip when the accident occurred.

He said he had not sustained any injuries during the crash landing adding that he had undergone medical examination just like everyone else..

Mr. Moyo is expected to travel back to Zambia next week.

First secretary for Press and Public Relations at the Zambian Embassy in Washington DC Ben Kangwa disclosed the development to ZANIS in a press statement.

The US Air Bus A320 on Thursday made a crash- landing minutes out of LaGuardia airport , when both its engines apparently disabled by a flock of birds.

ZANIS/MKM/ENDS

Bishop Mambo maintains call for 50+1 %

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Bishop Mambo has reiterated his earlier call on the National Constitution Conference (NCC) to consider implementing the 50+1 percent clause in its draft and final constitution with a view to enhancing transparency in the country’s electoral system.

Bishop Mambo says the NCC should not dilute some of the important recommendation that were made by the Zambian poeple in the Willa Mung’omba draft constitution if the new constitution is to stand the taste of time.

He told ZANIS in an interview in Lusaka today that there is need for the NCC delegates to ensure that the 50+1 percent is implemented in the new constitution in order to spell out electoral malpractices in the electoral system of the country and enhance confidence in the electorates.

Bishop Mambo, who is also Church of God former Regional Overseer, said that the NCC should work-out modalities that would ensure that the views and recommendations of the people in the Willa Mung’omba Draft constitution were respected and represented in the final constitution.

He said the 50+1 percent clause should not be ignored in both the draft and final constitution because the majority Zambians had supported the clause.

He however commended the NCC delegates for working tirelessly to ensure that the draft constitution was published in July this year.

Bishop Mambo also called on the NCC delegates to devote most of their time to working on the draft constitution in an effort to complete the process within the stipulated 12-month time frame.

Meanwhile, Bishop Mambo has supported calls from the cross-section of the society that the appointment of Ambassadors and High Commissioners should go through a process of ratification.

Bishop Mambo said there is need for government to support calls for the ratification of Ambassadors and High Commissioners in order to avoid shortcuts in appointing envoys in foreign embassies.

He further said that the ratification of Ambassadors and High Commissioners would also help in building transparency and accountability in the utilization of public resources in foreign embassies.

More asians interested in investing in the mines, RB

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PRESIDENT Rupiah Banda boarding the Presidential challenger plane before he left for Libya at Lusaka international airport
PRESIDENT Rupiah Banda boarding the Presidential challenger plane before he left for Libya at Lusaka international airport

President Banda says the Chinese and Indian investors are able and willing to invest in Zambia’s mining sector.

President Banda said a lot of investors coming from the Asian countries are interested in investing in the mines , a move he said would spur economic development in the country.

Speaking shortly before his departure for Libya at Lusaka international Airport , Mr. Banda told journalists that Chinese investors have the potential to take up all the investment if other investors left.

President Banda has gone for a two day state visit to Libya where he will hold bilateral talks with his Libyan

MMD cadres singing for President Rupiah Banda before left for Libya at Lusaka international airport
MMD cadres singing for President Rupiah Banda before left for Libya at Lusaka international airport

counterpart Colonel Muammer Ghadaffi.

Mr. Banda said among other issues he expects to be briefed on is the current position over the united states of Africa .

The president stressed that he will make his position known over the united states of Africa after discussions and consultation with other colleagues in the region.

He is accompanied by foreign Affairs minister Kapinga Pande , Finance and National Planning Minister Situmbeko Musokotwane and other senior government officials

ZANIS/AH/MKM/ENDS

He Brings Treasures to the Righteous

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Today’s Scripture

“A good man leaves an inheritance [of moral stability and goodness] to his children’s children, and the wealth of the sinner [finds its way eventually] into the hands of the righteous, for whom it was laid up” (Proverbs 13:22, AMP).

Today’s Word from Joel and Victoria

Did you know there are resources and blessings laid up for the righteous? There are funds that will eventually be transferred over into the hands of the people who will use them for God’s purposes. In the Scripture God is called the Lord of the Sabaoth. That means He is “the God who puts His armor on and goes to war against those who hold His treasure from His purposes.” Just imagine God getting His armor on and going into the forces of darkness and saying, “Okay. I’ll take those funds. I need them for my children. I’ll take these businesses, these ideas, these contracts. They have My children’s names on them.”

Friends, God is fighting your battles for you. He has immeasurable favor that He is going to transfer into the hands of the righteous. The key is to make sure you’re in the righteous group. Make sure you are honoring God with your life and keeping your heart pure. Let go of any weights or any sins that are holding you back. As long as you stay in faith and live righteously before Him, God has promised abundance, promotion, and funds that already have your name on them!

A Prayer for Today

Father in heaven, thank You for fighting my battles on my behalf. I commit all my plans to You and surrender every area of my life to Your purposes. Thank You for Your favor and blessing on me today and always. In Jesus’ Name. Amen.

Joel Osteen Ministries

Washington DC Prepares for a Historic Inauguration

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by Chola Milambo

Ever since the election of November the 4th 2008, there has been much talk about the multitudes of people who will descend onto the capital city from far and wide to be a part of this historic inauguration – the swearing in of the first African-American as the President of the United States of America. The authorities have also announced the closure of several main roads and bridges into the DC (as they call the city), particularly from the state of Virginia which is to the south. So to get a glimpse of some of the preparations that were taking place, on Wednesday January 17, 2009 I decided to drive down with a camera in hand from Howard University which is not far from the main business district.

As expected, the city was buzzing with activity. More cars on the road, more people walking on the street and several people donned in different types of Barack Obama attire, from t-shirts, to hats, from watches to gloves. It was clear that the big event was around the corner. By the way talking about corners, there seemed to be a ntemba at almost ever corner selling anything that would fit the name ‘Obama’ on it, as I approached 1600 Pennsylvania Avenue where the White House is situated. 

The front of the White House was particularly busy with workers setting up an enclosure where the VIPs shall watch the parade that takes place there every four years. Several tourists paused for photographs in front of the White House even though the temperature was close to freezing point. Judging from the general mood and euphoria in the air, I doubt if the cool arctic air that has blown into the city will deter several others to be out on what could be a very frigid January 20. On that day, over a million people shall converge in the three-kilometer-long lawn that stretches between the Capitol Hill, where the swearing will take place, and the Lincoln Memorial. This gathering is certain to invoke the memories of the March on Washington for Jobs and Freedom that took place on August, 28 1963, when civil rights activist Martin Luther King Jr. gave his famous ‘I have a Dream’ speech. With that in mind, off to the Lincoln Memorial I went.

At the Lincoln Memorial, I found a stage and large speakers were being put in place for a live concert where several celebrities shall perform. This is just one of the many events scheduled for the inauguration week. It has been a long tradition of the inaugural period that several galas are attended by the newly sworn in President dating back to early years of the Nation. But as I stood on the steps of the Lincoln Memorial, my thoughts were not on the long history of inaugural celebrations, but in rather on the long journey people of color have had to travel to gain a fair standing in the United States.

I thought of how their ancestors were brought in from  distant lands as slaves, some sold by their fellow Africans. I thought of the struggle for the abolition of slavery and the cry by northerners such as Abraham Lincoln that all men are created equal. I pondered upon the Civil War that ensued and the emancipation of African-Americans. I imagined the struggles of Frederick Douglas in the late 1800s as the first black Vice-Presidential Candidate for a political party in the country, almost 100 years before the signing of the National Voting Rights Act of 1965, which outlawed discriminatory voting practices. I admired the courage of Rosa Parks and the resolve of Malcolm X. Dr. Martin Luther King Jr., who would have been 80 years old on January 15, told the world he dreamt of a time when man would not be judged by the color of is skin but by the content of his character – a message which found resonance with many African freedom fighters of the time such as our own Dr. Kenneth Kaunda.

What a journey. The lone black United States Senator of the 110th congress will be sworn in as the 44th President of the United States of America at the US Capitol, a structure built with the brawn power of black slaves.

The significance of this moment cannot be made light. The message it shall send to countries in which minority groups continue to be marginalized is powerful and one of hope. That freedom prevails in time.

As I drove through the crowded roads of the central business district and back to Howard University, I was convinced that I had joined those who believe that a multitude shall gather for this event. During my short tour, I saw excitement from all races; black, white, Asian and Latino. There a general sense of hope of a new day here in DC, and it seems to be contagious. In that respect, I can say I am now more certain of another thing – change has come to America!

Lease your land , Zambia Railways implored

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A traditional leader has urged the Zambia Railways to lease some of its idle land in Choma to potential developers.

Chief Chikanta told ZANIS in Choma today that there are a lot of businessmen who have the capacity to put to good use the idle land still held under the title of the Zambia Railways.

He said most of the unused land which is in the central business district would add value to the development of the district if it is allocated to corporate developers.

Chief Chikanta also urged the Choma municipal council to promote efforts of local businessmen in investing in commercial buildings.

He commended a local business person, J.K. Kapila for constructing an ultra modern office complex for lease to the public.

Chief Macha said there is need to exploit local potential if development of the town is to be encouraged.

Meanwhile, STREET vendors have resurfaced in the central business district of Choma, barely two days after being cleared from the streets by combined state and council police.

A check by ZANIS in Choma this morning found vendors, mostly, women selling merchandise such as vegetables and fruits along the same shop corridors that they had previously occupied before police action on Thursday.

The vendors have since taken up most shop corridors along the Choma-Livingstone high way and are conducting business without any fear of the law.

The Choma municipal council has been urging vendors to go back to designated markets because their activities in the town centre have posed serious sanitation challenges to the local authorities.

On Thursday, state and council police rounded up several vendors in an operation organized by the Joint Monitoring Team on Sanitation chaired by district commissioner Laiven Apuleni.

But the vendors have been adamant with most of the vowing never to leave the centre business district where they say business is brisk.

There have been growing fears of a possible outbreak of Cholera in the district following the outbreak of the waterborne disease in neighbouring Sinazongwe district.

ZANIS/CM/MKM/ENDS

Media organizations implored to heed to President Banda’s advice

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Media Institute of Southern Africa (MISA) has called on all media institutions in Zambian to heed to the call by President Rupiah Banda to ensure that they fall under one salutary media ethics regulatory board in order to make the profession more dignified.

MISA Zambia chairperson Henry Kabwe said the media ‘s disunity and lack of common ground has sent a wrong massage to the Zambian people were media ethics and professionalism is concerned.

Mr. Kabwe expressed sadness that the citizens have no knowledge on which code of ethics the Zambian media base their conduct on adding that this has made it hard for the ordinary citizens to seek redress on the ethical issues concerning the conduct of the media.

“ We would like to remind all journalists that while they facilitate the freedom of expression and access to information , they owe their allegiance to the Zambian people they serve,” he said..

Mr. Kabwe however stated that media‘s ethical conduct can not be enforced under statuary regulation because the media is a watch dog of the three arms of government which is supposed to provide checks and balances.

He said the statutory regulation on the media by the three arms of government might be used to hamper the role of the media as a watchdog.

He appealed to the media to ensure that it familiarizes itself with the Media Council of Zambia MECOZ so that many media ethical complaints could be handled internally to avoid actions that would cost the media and lead them to closure.

He further appealed to all media in Zambia to come under one non statutory media ethics body that will enforce media ethical conduct .

The MISA chairperson said the media has an obligation to adhere to media ethics as it carries out the duty of serving the Zambian people.

This is contained in a statement made available to ZANIS in Lusaka today.

The media Associations have already begun the process of coming up with a strengthened non statuary media ethics regulatory body that should encompass all media in the country.

Meanwhile, Mr. Kabwe also appealed to government to waive tax on key media inputs and broadcasting equipment so as to make the media more sustainable and viable.

ZANIS/AH/MKM/ENDS

Yet another SADC meeting on Zimbabwe

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SADC has called yet another meeting with Zimbabwe’s main political leaders in Harare on Monday next week to discuss the current political impasse and map the way forward.

SADC chairman and South African President Kgalema Mothlanthe said on Thursday, the meeting which was initially scheduled for Friday, was postponed at the request of one of the parties.

Zanu-PF leader, President Robert Mugabe and the two MDC formation principals Morgan Tsvangirai and Arthur Mutambara were expected to attend the meeting.

The three main parties signed a power-sharing deal last year but implementation of the pact has been delayed due to differences over the allocation of key ministerial posts and the composition of the Security Council, among other issues.

SADC leaders, including Mozambican President Armando Guebuza and former SA president Thabo Mbeki, who is also the chief mediator in the Zimbabwe inter-party talks, were also expected to attend the meeting.

“President Kgalema Motlanthe will on Monday 19 January 2009 lead a SADC delegation to Zimbabwe where discussions will be held with leaders of the country’s political parties involved in the inter-party dialogue,” read part of the statement.

The meeting would be followed by a meeting of the negotiating teams on outstanding matters related to implementation of the September 15 agreement and Constitutional Amendment Number 19 Bill.

Despite the delay in implementation of the power-sharing deal, all parties have expressed commitment to the deal.

New Ziana/ZANIS

NCC proposes an increase of an additional 100 parliamentary seats

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Vernon Mwaanga (r) talks to mines minister Maxwell Mwale
Vernon Mwaanga (r) talks to mines minister Maxwell Mwale

THE National Constitutional Conference legislative committee has proposed to increase seats for members of Parliament from 150 to 250.

The proposals were made during the committee’s sitting at Mulungushi International Conference Centre in Lusaka.

MMD Chief Whip Vernon Mwaanga submitted to committee chairperson Mutale Nalumango that 200 should be elected MPs, 40 from interest groups and 10 should be nominated.

“When making this Constitution, we should be futuristic. Ten years from now Zambia’s population will not be the same, so, we should look at increasing the number of seats for MPs,” Mr Mwaanga said

He said having such a number of legislators would help to represent people adequately.

Supporting the submission, Malole Independent MP Emmanuel Munaile said some Constituencies were too vast and that increasing the number of Parliamentary seats would benefit Zambians.

“Some of our Constituencies are too vast to be covered by one MP. So, the proposed 250 seats is a welcome move,” Mr Munaile said.

Several committee members supported the proposal except four committee members who argued that increasing the number of seats would be costly.

Former UPND Luena MP Chrispine Sibetta argued that having 250 MPs would be a drain on the country’s resources and that Parliament chambers had no capacity to accommodate such a number.

After committee members failed to reach a consensus, Ms Nalumango subjected the proposal to a vote following which 31 committee members voted for the number of seats to be increased with four members voting against.

Under the current Constitution, the President has powers to nominate 8 MPs.

Zambia Daily Mail

Pepsi to construct a plant in Lusaka,Zambia

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PJ Corporation Chairman Ravi Kant Jaipuria and President Rupiah Banda sipping canned Pepsi during the laying of the foundation stone for a Pespi bottling plant in Lusaka
PJ Corporation Chairman Ravi Kant Jaipuria and President Rupiah Banda sipping canned Pepsi during the laying of the foundation stone for a Pespi bottling plant in Lusaka

President Rupiah Banda  this morning  laid a foundation stone for the construction of the Pepsi plant whose owners are to invest about US$ 30 million for the period of six years .
The company will also  employ 214 Zambians in various capacities and create over 600 indirect jobs in various capacities, there by reducing  the pressure on the job market.

Speaking  at the ceremony held at the Pepsi bottling plant in Lusaka’s Mungwi  road  today,  Mr. Banda  said government  will continue to lay a solid foundation for diversifying the economy in order to sustain the country’s  economic growth.

He said, this will minimize the negative impact arising from the global economic down turn.

Mr. Banda added that government is also committed to  the development of a vibrant and competitive manufacturing sector .

Mr Banda however said the plant will add  value to the Zambian  economy and will contribute to the realization of the  vision to transform Zambia  into a middle income country by 2030.

He stressed that with  the re- introduction of  Pespi, Zambians will enjoy affordable high quality drinks and related products at competitive prices adding that the project will save and earn the country foreign exchange.

Mr.  Banda stressed that the launch of the company  has come at a good time when the  slow down  in the global economy has exerted considerable pressure on most of the economies around the world.

And  commerce , trade and industry minister Felix  Mutati noted the need to diversify the economy  so that  investors can come in and invest in  many sectors

Mr. Mutati thanked the Indian government for its continued commitment  in assisting Zambia  through  providing employment to the local people.

He noted that both the company  and the Zambia government and its citizenry will benefit from the investment.

ZANIS/AH/MKM/ENDS