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Friday, 23 July 2010

The truth doesn't have to hurt...

"It’s not a condition that you should build a road; it’s voluntary for you to do so. If Lumwana wants to do it, let them build but that is the responsibility of the government. There is division on who should do what and who should do what.  Infrastructure development is up to the central government to do that"
Fred Bantubonse (Chamber of Mines) making it clear in Solwezi that  mining companies are not obliged to develop infrastructure in the areas they operate but they can do community social responsibility projects on voluntary basis.   This apparently did not go down very well with the locals. This is what we have been saying all along, perhaps now that Fred Bantubonse has said one hopes the ngwee has dropped! It has hopefully hit home that the best form of Corporate Social Responsibility is a combination of local area taxes and a local  framework that leverages private sector investment into delivering local infrastructure (to ensure "nil detriment").  Incidentally, these are frameworks I have helped develop in the past and many countries have them, so when the time comes they don't need to hire an RP Capital or some young graduate from the World Bank (sorry folks, but you do send us inexperienced kids as advisers) to help them think, we can do it for free (and they can donate to the website in exchange). 

2 comments:

  1. Cho,

    or some young graduate from the World Bank (sorry folks, but you do send us inexperienced kids as advisers) to help them think, we can do it for free (and they can donate to the website in exchange).

    I think you're talking about the 'copper prices will not rise within your lifetime' claim made by the WB to Edith Nawakwi?

    What is the evidence that this was done in good faith? Did this advice really come from an inexperienced kid?

    ReplyDelete
  2. Not much unlike the corporations behind the Vulture Fund schemes, Equinox is not in Zambia to develop Zambia. It was up to Zambia - through the government - to ensure that these Gordon Gekkos do not rip us off. They don't think twice about it. They are here to make profit and leave Solwezi and Lumwana worse than they found it with no more mineral worth and nothing to show for it. Their incessant trucks would have trampled to oblivion the little tarmac there is.

    ReplyDelete

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