by Mirriam Chabala on 25 Apr 2019by Mirriam Chabala on 25 Apr 2019by Sipilisiwe Ncube on 25 Apr 2019by Sandra Mulenga on 25 Apr 2019
- Goal Diggers
by Abraham Kalito on 27 Mar 2019by Abraham Kalito on 26 Mar 2019by Abraham Kalito on 26 Mar 2019by Abraham Kalito on 26 Mar 2019
by Stuart Lisulo on 25 Apr 2019by Stuart Lisulo on 24 Apr 2019by Mirriam Chabala on 24 Apr 2019by Stuart Lisulo on 23 Apr 2019
by Joseph Mwenda on 25 Apr 2019by Daniel Chansa on 25 Apr 2019by Zondiwe Mbewe on 25 Apr 2019by Zondiwe Mbewe on 25 Apr 2019
- Editor's Choice
by Diggers Reporter on 4 Mar 2019by Andyford Mayele Banda on 29 Jan 2019by Davies Mwila on 22 Jan 2019by Diggers Reporter on 17 Jan 2019
by Diggers Editor on 25 Apr 2019by Diggers Editor on 24 Apr 2019by Diggers Editor on 22 Apr 2019by Diggers Editor on 19 Apr 2019
by Diggers Correspondent on 23 Apr 2019by Felix Kashweka on 2 Apr 2019by Thomas Mulenga on 29 Mar 2019by McQueen Zaza on 26 Mar 2019
- Guest Diggers
by Dr Munyonzwe Hamalengwa on 18 Apr 2019by Chisoni Mumba, PhD on 14 Apr 2019by Dr Chisoni Mumba, PhD on 28 Mar 2019by Sishuwa Sishuwa on 25 Mar 2019
Lumwana Community Trust receives K4.2 million for Kalumbila projectsBy John Chola on 20 Mar 2019
Barrick’s Lumwana Mining Company (LMC) has disbursed over K4.2 million to Lumwana Community Trust (LCT) as initial funding to undertake social projects in Kalumbila District this year.
Lumwana Community Trust (LCT) came into existence from an agreement reached between Barrick Lumwana Mining Company and three chiefdoms – Mukumbi, Mumena and Matebo, right at the commencement of the multi-million-dollar mining investment over 10 years ago.
The three chiefdoms are now represented by their traditional leaders; Senior Chief Mukumbi, Chief Mumena and Chief Matebo on the LCT Board.
LMC sustainability manager Christopher Mukala disclosed in an interview that each of the three chiefdoms had also appointed two persons to sit on the Board of the Trust as Trustees.
“The Trust comes from an agreement we had with the three royal highnesses as Lumwana Mining Company when we were getting land for the mining surface rights. We agreed then that we will get land for mining surface rights, but as part of our Corporate Social Responsibility (CSR), we will share the benefits with you through a trust fund for community projects. So, what we have agreed, again, is that every year, we will be providing funding to the Trust for community projects; mostly infrastructure,” Mukala explained.
“As we speak now, we are sitting with the Trust to unveil the different types of projects that we are going to undertake this year. The mine started running this Trust from 2007, but in 2013 transferred it totally to the chiefs, who now have their own employees to run its affairs.”
He further said that despite the formalization and handing over of the LCT to their royal highnesses, the mining company would still maintain its own various community programmes under its robust CSR programme.
“We will still continue running programmes of opportunity livelihoods, local procurement, local employment, small and medium entrepreneurship development and many others,” said Mukala.
Communities in the three chiefdoms will be allowed to submit projects to the LCT for further review by the Board before being funded, as long as they were in line with what had been agreed upon within the Trust deed.
The total amount of funds disbursed for 2019 amount to K4,236,000.
The other critical aspect to the functionality of the LCT is that the chiefdoms have agreed on funding thresholds per chiefdom.
It is also agreed that the funding of the LCT will be based on the annual performance of Barrick Lumwana in terms of production and profits assessed using the company’s established formula and agreed with their royal highnesses in the Trust deed.
The Lumwana Community Trust Board currently has an acting coordinator, Juliet Mwendafilumba, running its affairs.
– Story courtesy of SUMA SYSTEMS.Related Items
- Debt servicing has left govt little money to meet obligations – BoZ
- Nkomeshya's Soli Establishment obtains injunction to halt ZAF, Kingsland City project
- ZAF officer in court for torturing 11-year-old niece
- NDC will work with UPND in 2021 if Zambians want us to - Kambwili
- UPND still strong in Kasama, despite GBM departure - Mulenga
Subscribe for email alerts
ArchivesMay0 PostsJun0 PostsJul0 PostsAug0 PostsSep0 PostsOct0 PostsNov0 PostsDec0 Posts
- April 2019
- March 2019
- February 2019
- January 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
The News Diggers
Deputy News Editor
Plot No. Lus/9812/649-MC8
off Alex Chola Road
P.O. Box 32147
Telephone or WhatsApp:
diggers [at] diggers [dot] news
editor [at] diggers [dot] news
Send this to a friend