- Goal Diggers
- Guest Diggers
You’ll suffer a bit, but we’ll get you new investor, Lungu tells KCM workersBy Sipilisiwe Ncube on 5 Jun 2019
President Edgar Lungu says he knows that there will be suffering among the workers at Konkola Copper Mines (KCM) before a new investor comes in, but assured that government will not neglect them.
And President Lungu says there are some cowards who do not want the KCM liquidation process to go through?
He said this upon arrival at Simon Mwansa Kapwepwe airport in Ndola where he later officiated at the 62nd Copperbelt Mining, Agricultural and Commercial show.
“Even in the Bible when people were moving from Egypt back to the land of Canan, there were Kuwes (cowards) who even went back to Egypt. But I want to assure you that I will not abandon you, we are going ahead to find new investors. And these investors will not be interrogated by Edgar Lungu at State House but by the stakeholders who know better which investor they can partner with. They should not cheat you. I know there will be a bit of suffering but we will hold on. So nga uli wamwenso, shaala (if you are afraid then stay behind) while we go ahead with the decision,” President Lungu said.
He said there was no way government was going to U-turn on the KCM liquidation.
“What I want to tell you, is that we are resolved, we are determined to proceed with the liquidation process which we have started. At least we have decided vividly that Vedanta must go. I have heard some people saying ‘you made a mistake,’ [but] no, I am not going back on that decision. There are people, bakuwe, cowards, who do not want to see this process to go through and that we should reconsider the position taken by the government [and that] we should consider going into receivership or something like that [but] no, that is not what the Zambians are saying. The Zambians are saying ‘we want Vedanta out’,” President Lungu said.
“[They are busy saying] ‘no, Lungu will not manage to run the mines without Vedanta, he will destroy the economy,’ it will not happen. We are going to make sure that Vedanta goes and a new investor comes in and that is what we agreed. Those of you who are cowards and want to go back on this decision will be left behind but we are going to liquidate Konkola Copper Mine and look for new investors. That is what we are doing and that we will do.”
And speaking earlier in Lusaka when the Hitachi Construction Machinery Africa Company Limited delegation paid a courtesy call on him at State House, President Lungu said government would continue creating an enabling environment for both local and international investors to spur social and economic growth in the country.
“I am proud of you and will make sure that there is a win-win situation in every investment and even as we replace value added tax with sales tax we will ensure that necessary measures are put in place for economic growth to flourish,” ZANIS quoted President Lungu as saying.
About Sipilisiwe Ncube
Sipilisiwe Ncube has a background in radio news.
Email: sipilisiwe [at] diggers [dot] news
- I’ll continue harassing those who buy mealie meal in bulk, vows Lusambo - 17 Mar 2020
- Govt hasn’t failed to manage public universities, claims Mushimba - 28 Feb 2020
- Kambwili condemns Dora for justifying extrajudicial killings - 28 Feb 2020
- Funds for projects were diverted to disasters, Wina tells Parley - 27 Feb 2020
- Our salaries have been gassed, laments UNZA workers as they down tools - 27 Feb 2020
- Cabinet debates total lockdown (30,070 views)
- Sangwa asks Lungu to declare State of Emergency (9,500 views)
- Let’s sympathise with Lungu and help him, or we will all perish! (9,491 views)
- Zambia’s economy will take years to recover from Coronavirus - Siliya (8,469 views)
- Zambian student chased from Chinese University over suspected COVID-19 (6,721 views)
Subscribe for news email alerts
ArchivesApr0 PostsMay0 PostsJun0 PostsJul0 PostsAug0 PostsSep0 PostsOct0 PostsNov0 PostsDec0 Posts
- «March 2020»
- March 2020
- February 2020
- January 2020
- December 2019
- November 2019
- October 2019
- September 2019
- August 2019
- July 2019
- June 2019
- May 2019
- 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
- COVID-19 cases rise to 29
- We’ve started mobilizing funds to fight COVID-19 – Ng’andu
- Justice Without Remedy? A Comment on the Constitutional Court Judgment in the Case of Kambwili v Attorney General
- Philosophy & Homosexuality
- Let’s sympathise with Lungu and help him, or we will all perish!
- Cabinet debates total lockdown
- What will be Mr Lungu’s achievements by 2021?
- Chitalu announces 6 more Covid-19 cases
- Zambia’s economy will take years to recover from Coronavirus – Siliya
- LCC not ready for COVID-19, says Mayor
- COVID-19 cases rise to 22
- Topstar removes Prime TV from its platforms
The News Diggers
Deputy News Editor
Send this to a friend