Friday, 29 November 2013
Thursday, 28 November 2013
Editor’s note: This is a guest post by Henry Kyambalesa, an Adjunct Professor in the School for Professional Studies at Regis University, Denver, USA, as well as an Independent Business and Management Researcher and Consultant. He is has written a number of books and regularly reflects on issues facing Zambia.
Wednesday, 27 November 2013
Tuesday, 26 November 2013
Monday, 25 November 2013
Thursday, 21 November 2013
Wednesday, 20 November 2013
Monday, 18 November 2013
Editor’s note: This is a guest post by Michael Chishala, a Zambian writer and regular contributor to the discussions on the ZE Facebook page. Follow him on Facebook.
Friday, 15 November 2013
Editor’s note: This is a guest post by Sue Clayton, a lawyer and regular contributor to ZE Facebook discussions.I think it is highly presumptuous to accept, on the basis that many believe it to be true, that Zambian graduates are losing out to foreigner graduates [as implied in a previous blog]. I think the key here is competence which we must not confuse with ability.
Thursday, 14 November 2013
Wednesday, 13 November 2013
“The PF government has the responsibilities of lowering the cost of doing business, not just for KCM, but for other mining companies and businesses as well, so as to enhance employment creation. For example, the PF should re-instate the fuel subsidy which was removed and is now a burden to our people and business sector. There are many other ways a responsible government can institute to lower the cost of doing business to save existing jobs and enhance employment creation…” (Source: UPND)
Tuesday, 12 November 2013
Monday, 11 November 2013
KCM plans to cut at least 1,529 jobs by March 2014. The policy is with immediate effect. Some have already being laid off, though KCM disputes that. It cites the coming to end of the lifespan of some of the mines at Nchanga (Nchanga Open Pit and the Nchanga Underground Lower Ore Body) in the next three years as contributing factors.
Over the years, copper grades at Nchanga underground have significantly decreased, from an average of five per cent up to the 1980s, to three per cent in 2000 and currently 1.6 per cent, while open cast mine grades had dropped from three per cent to one point zero today.
To make matters worse KCM's annual output is around 8 tonnes per employee compared to the global average of 100 tonnes. The reason is that the Nchanga operations are still using the costly conventional method of mining compared to mechanised /automated mining used by its global competitors. So KCM is shifting towards mechanisation and automation for all of its operations in order to increase productivity. Which means job losses!
Friday, 8 November 2013
Thursday, 7 November 2013
Wednesday, 6 November 2013
Here is a conundrum :Editor’s note: This is a guest post by Ntheye Lungu, an analyst and regular contributor to the ZE Facebook page discussions.
[Members of Parliament] have rightly expressed their disquiet about the paltry contribution of the mining sector to tax revenue. The mining sector in Zambia contributes merely 5 percent to domestic tax revenue while the contribution of the mining sector in the other major SADC mining countries is at 11 percent. The mineral royalty in these countries is 3 percent while it is 6 per cent in Zambia.The low contribution of the mining sector in Zambia can only be attributed to pervasive fraudulence, a state of affairs we are dealing with by placing a team of experts in Zambia Revenue Authority to design systems which will enable government to determine both the quantities and content of the minerals produced in Zambia.Only then shall we be able to restructure the taxation of the mining sector in a way that optimises revenue from the sector without impairing the operations of the sector. Minerals are a non-renewable resource and it is only fair that the country gets a fair and reasonable return from its non-replenishable resources, in the process safeguarding the interests of posterity.(Source : Ministry of Finance)