He appealed to Zambians to wait until the investigating wings complete their work.
The investigations into alleged financial irregularities of the airline were initiated following official representations from the FLS, political parties, non-governmental organisations and members of the public.Thursday, March 26, 2009
Wednesday, March 25, 2009
After Dora Siliya, Now it's Made in Zambia
After the Petition against Minister of Communication and Transport Dora Siliya was set up by the Chief Justice and it started sitting some weeks ago, now what can only happen in Zambia is the vogue.
There is some gentleman from Chongwe east of Lusaka who has asked the Chief Justice to set up a Tribunal against former finance minister under late President Levy Mwanawasa.
In the daily Post newspaper a joker has written that the column by Kalake has been suspended from publication pending another .... You have guessed right - prtition to be set up by the Chief Justice.
There is no doubt that Zambia is awash in corruption. It appears no deal involving government, private and parastatal companies can go through without money changing hands.
Unlike Madagascar that changes its presidents through street power - always institgated by Tana Mayors or former mayors - Zambia has its own system of absorbing the simmering heat of discontent.
There is some gentleman from Chongwe east of Lusaka who has asked the Chief Justice to set up a Tribunal against former finance minister under late President Levy Mwanawasa.
In the daily Post newspaper a joker has written that the column by Kalake has been suspended from publication pending another .... You have guessed right - prtition to be set up by the Chief Justice.
There is no doubt that Zambia is awash in corruption. It appears no deal involving government, private and parastatal companies can go through without money changing hands.
Unlike Madagascar that changes its presidents through street power - always institgated by Tana Mayors or former mayors - Zambia has its own system of absorbing the simmering heat of discontent.
RB courts investors
This is the second article to appear in the Times of Zambia where President Banda is seeking to persuade investors to come and invest in Zambia. The article appeared in the newspaper on March 21, 2009 some four days after the first appeal to Chinese investors. This time President Banda was seeking Australian investment during Governor General Quentin Bryce's visit:
On arrival, Ms Bryce inspected a guard of honour mounted by the Second Battalion of the Zambia Army and a 12 gun salute was also blasted for her. President Banda, senior Government and MMD party officials welcomed her and the entourage.
RB woos Chinese investors
This is a season for seeking investors as the two stories which appeared in the Times of Zambia show. The first story appeared in the newspaper on March 17, 2009:
President Rupiah Banda has implored Chinese investors in the energy sector to invest in the country saying Zambia's investment climate is favourable.
Speaking when a group of Chinese investors called on him at State House yesterday, President Banda said that investing at this particular time was appropriate as Zambia was experiencing a power deficit.
“Your intended investment to our country is very welcome. We welcome your presence because we have a great shortage of power in our country as well as this region,” Mr Banda said.
He said that the potential to invest in the energy sector was abundant in the country saying there was abundant water, coal, uranium, sunshine as well as human resources among others.
Mr Banda said that it was imperative that the Chinese invested in Zambia particularly in the face of the global economic crisis and the falling commodity prices.
“Your investment will provide jobs to our people and revenue,” Mr Banda said.
Commerce, Trade and Industry Minister, Felix Mutati said that he held meetings with the Chinese investors enlightening them on possibilities of exploring investment opportunities in the nation.
With the falling copper prices and some mining investors intending to leave, he said that the Chinese had been informed on the best sectors for investment as well as investing in the mining sector.
And Zhonghui Guohua Industry Group Company Limited chairman Wang Yaohui said that his organisations was in Zambia to assess the investment climate.
He said that for many years, China and Zambia had cooperated in many economic sectors citing the construction of the Tanzania Zambia Railways Authority (Tazara) as one area of cooperation.
Mr Wang said that China would continue offering loans at low interest rates to developing countries and Zambia would continue benefiting from the gesture.
And State Grid Corporation of China chief economist Du Zhigang said that in the face of the economic crisis, it was imperative that Chinese investors invested in Zambia. He said that toward the end of last year, his firm acquired prospecting licences in North–Western Province. He said that his organisation, which was one of the largest electricity firms in the world, would continue assessing the investment climate in Zambia.
Chinese ambassador to Zambia Li Qiangmin commended the Government for ensuring that the investment climate in the nation was favourable.
Meanwhile, two Chinese companies have shown interest in doing mineral exploration works in Mwinilunga district in North -Western Province.
Zhonghui Guohua Industry (Group) Limited and State Grid International Development made their intentions to invest in Mwinilunga during a meeting with Mines and Minerals Development Minister Maxwell Mwale and Mr Mutati in Lusaka yesterday.
Zhonghui Guohua Industry (Group) Limited was represented by its chairman Mr Wang while State Grid International Development was led by Mr Du who is also the chairman.
Mr Mwale said the Government was open to foreign investments and was happy to receive the two investors whom he assured of the support from the Government.
Mr Mwale said past exploration surveys indicated that North Western and Western provinces also had gas and petroleum.
He said the Government would this year advertise a block for would be developers in the petroleum industry in the country.
Mr Mutati said even if the country was not spared by the effects of the global economic recession, the Government had in this year’s national budget proposed major incentives that would boost the mining industry.
Director geological survey department at the Ministry of Mines and Minerals Development, Kennedy Liyungu said Mwinilunga has strong indication of mineralisation.
Monday, March 23, 2009
AUSTRALIAN VISIT SEES PRESIDENT BANDA IN MATERO
The state visit of Australia's Governor General Quentin Bryce has seen President Banda visit one of Lusaka City's Patriotic Front's strong hold Matero Township. The Church, in this report by the Times of Zambia of March 23, 2009 welcomed the gesture:
“Matero is a cosmopolitan area where people of different backgrounds, political affiliation, religious beliefs live together in unity. This is a true manifestation of the motto One Zambia, One Nation,” Ms Daka said.
“Matero is a cosmopolitan area where people of different backgrounds, political affiliation, religious beliefs live together in unity. This is a true manifestation of the motto One Zambia, One Nation,” Ms Daka said.
ORGANISED CRIME ON THE INCREASE
Organised crime on the Copperbelt is on the rise. This story from the Times of Zambia of March 23, 2009 tells the story that illustrates how sophisticated it has become. It shows how employees have become part of the scam and this is not only in the supply of spares for mining chain but also in the final product of mining:
"THREE managers at Atlas Copco have been arrested in connection with alleged theft of mining equipment, which act has been going on at the Chingola’s head office. This comes barely two weeks after two other Atlas Copco employees were apprehended for allegedly stealing K50 million worth of drill rods.
"THREE managers at Atlas Copco have been arrested in connection with alleged theft of mining equipment, which act has been going on at the Chingola’s head office. This comes barely two weeks after two other Atlas Copco employees were apprehended for allegedly stealing K50 million worth of drill rods.
Capt Kasamanda, who has been seen around Chingola for the past one month, said US$300,000 worth of drill rods for Atlas Copco, which had gone missing in transit from South Africa, were still being investigated to establish their whereabouts. Those arrested earlier for allegedly stealing K50 million worth of drill rods include the stores officer, assistant security officer and dispatching officer.
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