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DEBTS
...in another mukula scam
HH promised Mr. Mucheleka US$50m investment -Nawakwi
Kasama … MP warns p UPND chiefim Mr. Sampa
By AARON CHIYANZO
HAKAINDE Hichilema advised Government that the lowest bidder in the sale of Intercontinental Hotel in Livingstone, Sun International was the best because the firm would invest US$ 50 million and create more jobs unlike other bidders, former Finance Minister, Edith Nawakwi has revealed. The privatisation documents for Intercontinental[Page Hotel 4] indicate that Sun build structures following extensive International of South By SILUMESI MALUMO Africa, with a bid of invasion by squatters. US$5.65 million for the A shocked senior PHI official told E shall investigate how land hotel was the lowest the Daily Nation that strict instrucbidder even if it was under the Zesco pole lines near By AARON CHIYANZO offered the deal. Praise Worship Centre in Lusaka tions were given at the commenceThe transaction FOREIGNERS who ment of the construction that a was given to a Chinese firm to build document states that have invaded gold sites be provided to large leeway should Victoria Falls Travel a mall, Lands and Natural Resources in Zambia are paying distance Zescochiefs powerlines fromBureau, the a private Minister Jean Kapata has said. royalties to some company incorporated to legalise their activities, The land belongs to the Chaina- housing development and a fence in Zambia bid US$20 of Nyampande was subsequently constructed to but was million ma Hospital, which the Presidential residents Village in Rufunsa have A fence protecting stop any development. To Page 3sidelined.from constructing Housing Initiative was allowed to complained. (To page 3) (To page 3)
…apologise or else, LAND SCAM ROCKS told LUSAKA Mucheleka W
… IN GOLD RUSH
Mpundu, KCM appeals against CEC Govt’s silence Confusion rocks NAREP Kambwili Stop Telesphore Kenyatta and Odinga injunction discharge (p.2) over Mopani (p.3) Catholic Church told ..party now has two presidents campaigning worries MUZ pledge to heal divisions for UPND in Why AFRITANK has > 20 years' Expected Lifespan outdoors? Lukashya? Commonwealth
The two trucks the Scania from South Africa and the Freightliner (right), Zimbabwean registered where found laden with Mukula tree logs. [Pictures Linda Tembo Soko] See story on Page 4
Mr. Lusambo
CHISHIMBA Kambwili has denied secretly campaigning for the UPND in Lukashya. According to social media, Mr Kambwili has decided for an alliance with UPND, because of the strong numbers it enjoys in its stronghold, which may give him a chance of getting into Government because the Bemba stronghold is fragmented by too many presidential conterders who will Page divide 3 the vote. (To page 3) story on
Govt warns ‘corrupt’ health workers
ON PAGE 2 Demolish structures Fight corruption • Mwanakatwe reveals contributing to at all levels, says floods - Lusambo P.4 talks set for April ON PAGE 3 Lungu See
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ConCourt must explain Chilanga vacancy - YALI
C6098
IMF talks on again
By NOEL IYOMBWA
ON PAGE 4
See story on Page 2
THE PEOPLE’S PAPER; BUILDING THE NATION WITH REAL ISSUES
Monday 31 August, 2020
HOME NEWS
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150 MINOR HOTEL WORKERS LAID OFF By ANDREW MUKOMA
Tel: +260 211 243527
Plot No. 5251B Mukwa Road, Heavy Industrial Area. P.O. Box 34553, Lusaka Email: dailynation@ymail.com www.dailynation.info
LUNGU AND ACC PRESIDENT Edgar Lungu is right to lay open his concern at the manner in which the Anti-Corruption Commission (ACC) operates, that contrary to his detractors, he is not against the institution. It is a fact that the ACC has not endeared itself to the public in recent years because of the manner in which it has been operating. For as far as the public is concerned, the ACC has only been investigating and prosecuting cases that involve those in the government leadership. That is the biasness that the public demand must end. It must operate in a transparent manner in which no one will feel they are being victimised. The ACC is an important institution in the governance of the country and President Lungu should not be criticised when he complains about its operations. Like the President said in Chipili recently, he was not fighting the ACC but was against its selective way of fighting corruption. Mr Lungu was in the district during which he toured the incomplete Mwenda Boarding Secondary School which had stalled at over 60 percent completion. He said ACC was his ally in the fight against corruption but as a custodian of the constitution, he would not hesitate to point out ills in the manner investigations were being handled. “I am not fighting ACC. I support ACC but if you do wrong things and ACC is looking elsewhere, I should be able to tell them off. If anything, they are my allies but if they fail to perform to people’s expectations, it’s not my fault,” the President said. According to the President, the project stalled because it was awarded to a contractor who did not deserve to get the tender. Mr Lungu said he was saddened by corruption and lack of transparency in the awarding of contracts, while ACC was paying a blind eye to the scourge. He noted that some undeserving contractors were awarded contracts at exorbitant prices just because they were related to some people involved in the tender process. This is not the first time that President Lungu and other people have spoken out against corruption in the awarding of contracts involving public works. Complaints have been raised in the road construction sector but we are yet to see any action of investigation by the ACC. Yet examples abound of shoddy works. This is the bone of contention. Fighting corruption is not just going after political leaders in the government but in other sectors of the nation’s life. No one is happy, for example, with the manner in which the ACC has bungled cases involving so-called “big fish” by rushing to prosecute in court before carrying out thorough investigations. We have in mind cases involving Tourism and Arts Minister Ronald Chitotela and the most recent, against Health Minister Dr Chitalu Chilufya, who should never have been hauled before the courts in the first place. Although there have been calls that the ACC should be disbanded because it has been infiltrated by opposition moles, we feel it is not too late to salvage what is left of the institution. It needs to get back to its core role of being the number one agency to fight corruption without looking at one’s political credentials. Crime is nonpartisan.
M
INOR Hotel, partly owned by UPND president Hakainde Hichilema and Senior Chief Mukuni, has declared 150 employees redundant at its Avani and Royal Livingstone assets. And Labour Commissioner Givens Muntengwa said officers from the Ministry of Labour and Social Security had been dispatched to the hotel to make financial assessments on whether the business was viable. The move which will be effected next month is a way of downsizing labour in view of the Covid-19 that has ravaged the hospitality industry.
Hakainde Hichilema and Senior Chief Mukuni declared 150 employees redundant General Manager for Avani anyone. But now, Mr Burr said, Hotel and Royal Livingstone Laurie Burr said if the people the hotel has applied to the were not laid off the business Ministry Labour to effect the could only have money up to redundancies so that operations could continue. November. He said hotel management This is contrary to his statement some weeks ago that the also agreed to reduce the manhotel was not going to let go of hours to 70 hours per month
Jay Jay’s incarceration riles Nsengas By KETRA KALUNGA HEADS will roll if anything bad happens to Emmanuel “Jay Jay” Banda because we will not just sit down and watch the young man remain incarcerated for no good reason, the Nsenga Cultural Association has warned. Association chairperson, Moses Lungu, said something transpired at Central police in Lusaka which the Zambia Police don’t want the public to know about that led to the Eastern Province PF youth chairman Jay Jay to engage in an altercation with a police officer. Reverend Lungu, who is president of the Evangelical Youth Alliance said in an interview that it was not true that Mr. Banda, beat a police officer. He said no normal person could walk into a police station and attack an officer for no apparent reason. Rev. Lungu said the Nsenga Association had demanded an explanation from the police as to what exactly Jay Jay had gone to do at the police station but were not given and that his “unfair incarceration” had already posed a threat on his life. “The police know what transpired but
don’t want it to be brought into the public domain. In the first place, what did Jay Jay go to do at Central Police because no one can just walks into a police station and start beating up police officers, that is not true. “There is something which transpired but the police don’t want to talk about it, Mr. Bonny Kapeso doesn’t want to talk about it,” Rev. Lungu said. Rev. Lungu said Jay Jay had suffered a lot at the hands of people that had “invaded the province” and that the association would not sit back and allow the mistreatment to continue. He urged the PF to revisit its provincial leadership composition in Eastern Province and ensure indigenous members were given a chance because they had been sidelined for a long time. Rev. Lungu said the province had lagged behind in development because of the party leadership at provincial level. “I am not being tribal but I am being objective, the indigenous people want to own the party and feel part and parcel because they want to contribute and to be proud and have a sense of belonging to the party and to the nation at larg,” Rev Lungu said.
Extend NRCs issuance period - East PF By TROY MUKUPA
THE Patriotic Front (PF) in Eastern Province has called for an extension period for the mobile National Registration Cards issuance. PF Eastern Province Information publicity secretary, William Phiri, said there had not been sufficient sensitisation programmes with regards to the NRCs issuance especially in far flung areas. "It is sad to note that most people especially in far flung areas of the region are not aware of the NRC registration exercise. There has been no proper sensitization and most of our people have shown total ignorance. “Moreover, this exercise
has been left to the district commissioners alone to inform the people. There is need for an extension and Ministry of Home Affairs should come up with a proper schedule on how all corners of the region will be covered," he said. Mr Phiri said it was worrying that there was low turn-out at registration centres, hence the need to extend the period of issuing the NRCs. "This is a clear indication that only a few know about the exercise. We appeal to the minister of Home Affairs to extend the deadline for the same exercise so that most people especially those in the valley could be captured. “We feel this exercise is being done in haste and may
leave many people still without NRCs. The Ministry of Home Affairs should engage the traditional leaders, the church, the faith based organizations and other stakeholders if this exercise is to be a success. Mr Phiri said many youths were not aware of the exercise and suggested an extension for another 30 days so that people could be sensitised more. And Mr Phiri said it was important for the Ministry of Home Affairs to investigate officers entrusted with the NRC issuance. “We have heard complaints that some officers are deliberately frustrating most of the people who want to obtain NRCs for the first time," he said.
for the workers effective September. Mr Burr said the hotels had only been at 48 percent since this year and the situation was not expected to improve until in the second quarter of next year. He said this when he addressed workers at Avani HHe said the two hotels were designed to work with 513 employees during peak periods. And Hotel Catering and Allied Workers of Zambia (HCAWZ) president, Michelo Chizyuka also told the Daily Nation that the workers would be declared redundant. And Mr Muntengwa said tourism was badly affected by Covid-19 and people must reflect on that.
Locals employed at Kasenseli - PS NORTH-WESTERN Province Permanent Secretary, Willies Mangimela has dispelled assertions that local people were not considered for employment during the ongoing exploration works at Kasenseli Gold Mine in Mwinilunga. Mr Mangimela said this when he visited the site to check on how compensation of displaced farmers and engagement of locals in available job opportunities was being done. Mr Mangimela said contrary to assertions by some named opposition leaders that there are no local people employed, the site has 20 local people engaged in the ongoing exploration works while 30 more locals have been engaged to do the fencing of the area. “I want to refute the assertion that locals are not being engaged here at Kasenseli, so I came to know the employment data because there is an unfounded outcry that local people are not being engaged here,” he said. He said residents should understand that the current stage of the mining investment can only employ few people because it was not full scale mining. He bemoaned the behaviour of some people who went ahead to disrespect the Head of State and accuse government of not putting the interests of the local people first. Mr Mangimela has since called on people in the area to remain calm because more job opportunities will be created for them once full scale mining activities starts. He also called on ZCCM-IH to expedite the compensation process of the 19 farmers whose fields had been fenced within the operation area. - ZANIS
DAILY
Monday 31, August 2020
Foreigners ‘bribing’ chiefs From page 1 The villagers said security agencies deployed to protect the newly discovered mineral resource sites have been withdrawn but that they were finding it difficult to curtail the illegal mining because the invaders come with blessings from some traditional leaders. Speaking on behalf of the irate villagers, senior member and paralegal, Evaristo Banda told the Daily Nation that foreign invasion on gold sites had become rampant because traditional leaders were involved. Mr Banda said the foreigners pay about 30 percent of their earnings to the traditional leaders through their appointed headmen. He revealed that more equipment suspected to belong to some foreigners was delivered at the gold site in Rufunsa on Monday. “Trucks carrying expensive equipment were at the gold sites on Monday and they delivered the machinery,” Mr Banda said. Mr Banda lamented that a named traditional leader who had taken over gold sites in Rufunsa was doing so forcibly because the area was not part of his chiefdom. “We have a lot of Tanzanians and Malawians mining gold, especially in Rufunsa because they are paying royalties to a named chief when the area is not even in his chiefdom. About 30 percent of what comes from there is paid to the chief as royalties through the headmen he has even appointed. That is why all authorities working from these sites have their hands tied,” Mr Banda said in an interview. In Rufunsa, Mr Banda complained that locals were not benefiting anything from the resources they were endowed with. Some areas, he said, had ended up having two headmen from different chiefs who claim ownership of the areas where the gold sites are located. “There are now threats on our lives being issued every day. We are being threatened when the gold sites are in our chiefdom and those are just invaders. Even the royalties are going to the wrong chief and not the owner of the land,” the headmen said. The headmen disclosed that Government had been alerted of the development but that nothing much had been done to resolve the situation.
KCM appeals against CEC injunction discharge By GRACE CHAILELESOETSA KONKOLA Copper Mines (in liquidation) has applied for leave to appeal the decision by High Court judge Catherine Phiri to discharge the injunction granted to it restraining Copperbelt Energy Corporation (CEC) from switching off power supply to the mine. On August 24, Judge Phiri vacated the injunction saying the damages to be suffered by Zesco and KCM would be atoned for as damages. This is in a matter where Zesco Limited and KCM have sued CEC for switching off the supply of power to the mine. In an affidavit in support of ex-parte summons for leave to appeal, Mr Kutawa Chamunda, an assistant provisional liquidator of KCM said the mine is aggrieved by the decision of the court to discharge the injunction it had granted to the plaintiffs,
as it leaves it to the CEC not withstanding the provisions of SI no.57 of 2020, to decide whether it will allow Zesco wheel power over its Infrastructure to KCM. Mr Chamunda said the situation is detrimental to KCM in its mining operations as it leaves its mines to possibility of flooding and that thousands of employees and citizens that depend on its health services and other social amenities in its mine township areas to the perils associated with power shut down in this Covid-19 era. "This court did not grant leave to appeal its decision and being a chamber decision, leave to Appeal is (Shine qua non) for KCM and Zesco to proceed to the court of Appeal," Mr Chamunda said. He said the prospects of the appel succeeding are reasonably high as the danger of the mine suffering physical irreparable damage due to flooding on accounts of non functional pumps is real and not speculative. He stated that no prejudice will be occasioned to the defendant by the grant of leave to appeal the decision to discharge the order of interim injunction as the court found as a matter of fact law and law, that there is a serious question of law to be decided i.e. the interpretation of SI no.57 of 2020.
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STOP TELESPHORE MPUNDU, CATHOLIC CHURCH TOLD By NATION REPORTER THE patently negative and highly inflammable theology being preached by emeritus archbishop Telesphore Mpundu is at total variance with the inclusive message preached by Pope Francis who has called for Christian unity, a former Catholic Priest Evaristo Kalyati has said. The Arch Bishop he said, had no regard for the inherent goodness that God bequeathed in humankind, All he saw was negativity and corruption in the political leadershi.”He does not see corruption in the opposition and among the people he is speaking for and worse still he has no regard for other churches” He said archbishop Mpundu’s claims, for instance, that some churches had been bought by politicians was an affront to the Catholic Church itself which had received assistance from the Government and the
President in person. The suggestion that some churches were less than dedicated to Gospel values was offensive and required immediate address by the Catholic Church, he said. “What I know is that the Catholic Church offers counsel to politicians in a much organised manner and not from the public platforms, newspapers and social media which the archbishop is doing by associating with secular political institutions,” Kalyati said. He called on the Bishop’s conference to take a stance on the archbishop because of the discordant messages which were putting a strain on the message of inclusivity preached by the Pope. “Lusaka cannot have two Archbishops. The Pope retired archbishop Mpundu who must give way to established offices recognised by the Vatican. The Pope had his reasons to let him leave the Diocese.
“He should stop making disparaging statements which are causing confusion in the church, because the Catholic Church harbours members from different political persuasions and clearly the archbishop has taken a position in favour and has been seen to associate with members of the UPND,” he said. Political issues, he said, were personal and not subject to ecclesiastical dictation. “All Christians are the same regardless of the political persuasion, the church respects this position and one would expect that retired priests should respect this position,” he said. Archbishop Mpundu recently incited violence by claiming that there would be widespread bloodshed if government intolerance of divergent views was not checked. He also argued that Zambia was not a Christian nation even when it had been constitutionally declared so.
Kambwili campaigning for UPND in Lukashya? From page 1
Mr Kambwili
Sean Tembo challenges HH to explain privatisation deals By SILUMESI MALUMO and PETER SICHALI ALLEGATIONS against UPND president Hakainde Hichilema over privatisation are very serious and deserve a detailed explanation from him, says Patriot for Economic Progress president Sean Tembo. Mr Tembo said: “It is not enough for Mr Hichilema to seek to allay these allegations by positing a few Facebook and twitter memos.” Mr Tembo said the allegations of manipulating the privatisation process were serious, especially that they came from a former Finance Minister, Edith Nawakwi. He said yesterday that Ms Nawakwi who was minister then
Mr Kambwili, the NDC leader, is reported to have sneaked into Lukashya for campaigns when police in Lusaka are hunting for him. In an effort to embarrass the ruling Patriotic Front in its stronghold, the NDC leader has joined forces with the UPND to ensure that they scoop the Lukashya seat in the upcoming September 17 by-election. Speaking in a cell phone interview, Mr Kambwili said he was at his home in Lusaka, bed ridden. He was reacting to speculation on social media that he sneaked into Lukashya for campaigns when police officers were looking for him to enforce a bench warrant for his arrest. had firsthand information of the events that took place during the privatisation process. “As a matter of fact, Edith Nawakwi’s testimony can be admitted as evidence in any court of law because it’s a firsthand account and not hearsay. “It is therefore up to Mr Hichilema to substantively rebut Edith Nawakwi’s allegations in the same detailed manner that she presented her public testimony against him and not through Facebook and twitter memos,” he said. Mr Tembo said that anyone who aspires to run the affairs of the office of the President must be ready and willing to be subjected to vigorous scrutiny. Meanwhile, United Party for Prosperous Zambia president, Charles Chanda, said privatisation was evil and killed more people than Covid-19 in Zambia. He added that individuals who were involved in the process should be the last people to talk about fixing the economy. Mr Chanda said some people should be shameful for their involvement in the privatisation that destroyed the country, adding that it was hypocritical for some people to talk about fixing the country’s economy.
Mr Kambwili said contrary to claims, no police officer had gone to his house or raided the premises, saying they would have found him if they had gone there. “I am not in Lukashya or in hiding, I am at home in Lusaka bedridden and the police have not come here to look for me because if they did, they would have found me,” he said. NDC vice-president Joseph Akafumba however recently announced that Mr Kambwili has been on the Copperbelt from the time he fell ill. Mr Kambwili also accused the magistrate’s court of trying to create drama by issuing a bench warrant for his arrest when he was sick. He said it was the assumption of the police that he was hiding. “I can’t comment on their
assumptions, that is why they created drama to issue a bench warrant to a sick person so that they make news,” he said. And Lusaka Province Commissioner of Police, Nelson Phiri said police were still looking for Mr Kambwili. “We have been looking Mr Kambwili but we have not yet found him,” he said. Last week, Magistrate Simusamba ordered the arrest of Mr Kambwili for absconding court in a matter he is facing charges of forgery, uttering a false document and giving false information to a public officer. Mr Kambwili did not appear before court although in the days leading up to the court date he was very active on social media issuing political statements.
HH promised US$50m investment -Nawakwi From page 1
Ms Nawakwi, said as Finance minister at the time, she called the UPND president, Mr Hichilema who was the negotiating chairman in the privatisation of the hotel aside and asked him why he was advocating for the lowest bid when there were higher bids. She said during the Sunday Interview programme on ZNBC that Mr Hichilema convinced her and other Government officials that all the highest bidders were not serious investors and wanted to buy the hotel and use it as it was without adding any value. Ms Nawakwi said Mr Hichilema assured everyone that Sun International Hotel had reserved significant amounts of money to invest in the hotel and increase the bed capacity, subsequently increasing jobs. “Mr Hakainde convinced us that the highest bidders were only going to buy the hotel and change a few things but use it as it was. He said the lowest bidder was ready to invest US$50 million, which would result in more jobs. We accepted because we wanted more jobs for our people,” she said. Ms Nawakwi said Mr Hichilema was not telling the truth to claim that he did not convince anyone to give the deal for the sale of Intercontinental Hotel to the lowest bidder. And Ms Nawakwi said the K10 billion stimulus package had not gone to the intended people but to commercial banks which have used it to cushion their operations. She advised the Central Bank to refocus the K10 billion stimulus package on promoting productivity in the country instead of cushion banks alone. Ms Nawakwi said the manner in which the stimulus package was currently being administered would not produce the desired results.
Monday 31, August 2020
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Govt calls for strong leadership
…as Covid-19 claims three By SANFROSSA MANYINDA GOVERNMENT has called for strong leadership in communities to fight Covid-19, as the country recorded three deaths in the last 24 hours. Health Minister, Chitalu Chilufya, emphasised the role of leadership in all set-ups. "All leaders at traditional, civic, religious and all other jurisdictions should provide strong leadership in the fight against the pandemic," he said during the latest Dr Chilufya update yesterday. Dr Chilufya said it was important that the leaders ensure that they use their platforms to disseminate information in the fight against the pandemic. He said that time to act and disrupt the virus was now as the country was still in the surge. The minister also called on all citizens to remain responsible and observe all the health guidelines. The country recorded 123 new cases out of 1, 046 tests done in the last 24 hours bringing the cumulative number to 12, 025 Additionally, 362 patients were discharged bringing the number of total recoveries to 11, 454 from March this year when the disease broke out. The total number of deaths stands at 287.
HEA TO PROSECUTE ‘ILLEGAL’ VARSITIES By PETER SICHALI THE Higher Education Authority (HEA) is in the process of taking legal action against universities and colleges operating illegally, acting director general Vitalicy Chifwepa has warned. Dr Chifwepa said the authority would continue with its surveillance programme and ensure institutions of higher learning operating illegally were prosecuted in line with the law. Dr Chifwepa said the HEA will this week start legal action against 10 Universities that had been operating illegally. “As the procedure demands, we published names of 10 institutions that have been illegally operating and the second step is prosecution,” Dr Chifwepa said. Dr Chifwepa said the HEA legal team had taken up the matter and would start the legal process against erring universities. Dr Chifwepa has advised the public to always ask for registration credentials of institutions before enrolling for any programme. He said so many people had lost money by enrolling with universities that were not recognised by HEA. The authority, he said, has scaled up surveillance to ensure members of public were protected from bogus universities and colleges.
FILE PHOTO : The public should always ask for registration credentials of institutions before enrolling for any programme. The Higher Education Authority (HEA) released the names of 10 unregistered and unrecognised universities that are operating illegally in Lusaka, Kitwe, Choma, Katete and Mongu. The 10 institutions are Ballsbridge University, Bangweulu National University, El-Bright University, Epic University, Greenpark University College, Paragon Technical University, Pyramid University, Southern Africa Institute of Technology University College (SAITUC)
World-class University and Yesbud University. According to the Higher Education Act No. 4 of 2013 Part IV Section 15 (1), a person shall not operate a private Higher Education Institution (HEI) unless the private HEI is registered under this Act, noting in Section 15 (2) that a person who contravenes subsection (1) commits an offence and is liable, upon conviction, to a fine not exceeding one million penalty units or to imprisonment for a period not exceeding three years, or to both.
Manganese miners probed in child labour scandal By SILUMESI MALUMO INVESTIGATIONS in the matter in which manganese miners in Chifunabuli, Luapula Province are using minors to mine has reached an advanced stage, Ministry of Labour and Social Security Permanent Secretary Chanda Kaziya has said. Mr Kaziya warned that necessary action will be taken on those found wanting, Small-Scale Miners Association of Zambia president, Kunda Chani, revealed a scam to the
Daily Nation recently where manganese miners were using minors to exploit the mineral which was against the country’s laws. Mr Chani indicated that foreigners were using minors without even proper safety. He said the development was unacceptable and called upon the Ministry of Labour and Social Security to take keen interest in the matter. Mr Chani said the miners had engaged young boys to exploit the mineral who did not even have proper knowledge about safety. And Ministry of Labour
and Social Security upon receiving the information he had tasked officers to ensure that the matter was thoroughly investigated. In an interview yesterday, Mr Chanda said officers had done what they can to get the correct picture of what was happening on the ground. He said that from the investigations done so far it had shown that there was some truth in the story. Mr Kaziya said officers would ensure that the matter was followed to the latter and those found wanting would not be spared.
Reintroduction of sewer dams cheers Chitimukulu By KETRA KALUNGA
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PARAMOUNT Chief Chitimukulu is happy the government has lined up various projects to reintroduce sewer dams and improve sanitation services. The traditional leader expressed concern with lack of adequate sewer dams which has seen an increase in the usage of pit latrines and soakaways which he fears will cause underground water contamination. This came to light when Water Development, Sanitation and Environmental Protection Minister Dr Jonas Chanda paid a courtesy call on him in Kasama. Paramount Chief Chitimukulu observed that the increase in the use of pit latrines and other underground sanitation sources poses a big environmental risk. The minister however assured the Paramount chief that Government has put in place various programmes to reintroduce sewer dams and increase uptake of sanitation services to reduce on possible underground water contamination. And Dr Chanda said Government was
investing $53 million in water and sanitation in Muchinga and Northern provinces. He said the project supported by the African Development Bank (ADB) is under Integrated Small Towns Water Supply and Sanitation. According to the inister, the investment is aimed at providing clean and safe water and adequate sanitation services to 350, 000 people. He said districts to benefit from the project were Kasama, Mbala, Nakonde and Mpika. Dr Chanda said this in Kasama yesterday when he called on Northern Province Minister, Bwalya Chungu. He said the work would include rehabilitation of old water supply and sanitation infrastructure and the construction of new infrastructure such as water treatment plants and water storage reservoirs. Dr Chanda said Government was committed towards the implementation of ongoing water supply and sanitation projects across the country. Meanwhile, Mr Chungu informed Dr. Chanda that Government has released K29 million for the Kaputa water project.
DAILY
Monday 31 August, 2020
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The Risk, Audit and Compliance Manager is responsible f ongoing training for all employees and managers. proactively, efficiently and continuously improve control environmen To meet the ever-growing demands of the payment ecosystem coupled compliance with all government regulations, internal cont with the desire to continue positioning ourselves for improved including: service Academic and Professional Qualifications & skills vendor management and review,with legislative and regulatory li delivery in the financial sector, having the right staffing is critical. - A full Grade 12 contract School Certificate minimum five credits; - Degree in Finance/ Banking/ Business Administration/ records retention. The Risk, Audit and Compliance Manager oversee The company now wishes to recruit for the position to be based at its Systems/ Computer Science or including the Management annual risk,Information audit and compliance plan, scope of annual Head Office situated at COMESA Head Office in Lusaka. equivalent; ment responses to Executive Leadership and the Board. JOB TITLE : COMPLIANCE OFFICER - Minimum 5 years of relevant compliance experience with a Job Summary background in IT. Qualifications To provide superior oversight of the ZECHL operations including - Prior position in Governance, Risk, Audit /IT Audit in an internal National Financial Switch and Cheque Truncation System (CTS) audit or external auditing firm ensuring continued compliance to relevant regulatory laws and - Membership to any relevant Professional Bodyrisk management, b · Bachelor’s Degree in accounting, banking, requirements. - Proficiency in all Microsoft Office applications. · 3+ years of experience in financial regulatory compliance, aud The role requires the person holding the position to stay abreast - The ability to work in a fast-paced environment. in business outcomes while mitigating skills. risks. with changes in banking and financial services laws and regulations provement - Excellent analytical, problem-solving and management with at least and onedecision-making professionalskills. body. as well as all other Zambian laws that must be complied with by ·all Certification - Exceptional negotiation Zambian institutions. - Effective skills. · Experience incommunication developing an effective risk, compliance, audit p - Strong business acumen and detail-oriented controls identifying risks and opportunities. Key Accountabilities - Experience in Enterprise Risk management will be an added · Thorough knowledge of change management practices ensurin advantage ply with new regulatory policies. The successful candidate will among other things: knowledge of compliance reviews andapplication reporting, i - Develop, initiate, maintain, and revise policies and procedures ·for Thorough If you meet the above qualifications, please send your the general operation of the Compliance Program. letter and a detailed CV including your full address, contact numbers, quality assurance, third party vendor management, enterprise r - Develop and periodically review and update Standards of Conduct with copies understanding of academic & professional certificates to: zechl_admin@ · A thorough of financial services operations and and provide guidance to management and employees. zechl.co.zm · Strong third party/vendor management and contract negotiatio - Collaborate with other departments to direct compliance issues In order to reduce the risk of the spread of the COVID – 19, please · Ability to identify and responses define appropriate measures to appropriate existing channels for investigation and resolution. note that all application should be inquality electronic form no and · MBA will be anapplication added advantage. - Responds to alleged violations of rules, regulations, policies, hand delivered letters will be accepted. procedures, and Standards of Conduct by evaluating or th September let recommending the initiation of investigative procedures. Develop Thethe closing datequalifications, for receipt of applications is Friday, If you meet above please send your4 application 2020. and oversee a system for uniform handling of such violations. address, contact numbers, and copies of qualifications to: zechl_admi - Act as an independent review and evaluation body to ensure that PLEASE BE ADVISED THAT ONLY SHORT-LISTED CANDIDATES compliance issues/concerns within the organization are being The closing date receipt of applications is 28th February 2019. WILL BEfor CONTACTED appropriately evaluated, investigated and resolved.
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Zambia’s agro exports increase
Monday 31 August, 2020
‘ZAMBIA SHOULD RE-NEGOTIATE EUROBOND TERMS’ By BUUMBA CHIMBULU
ZAMBIA needs to urgently get back to the table with China and the holders of the Eurobonds to re-negotiate more favourable terms, says Investment Adviser, Austin Chijikwa. Mr Chijikwa stressed the need for Zambia to quickly negotiate for new terms with China and Eurobond holders to ensure that it has longer payment terms. Mr Chijikwa, who heads the investment banking division at Zanaco but spoke in his individual capacity, said Zambia needed new payment terms. This would also give
Zambia leverage to access the International Monetary Fund package. "Having a concessional loan from the IMF would free up liquidity and help debt negotiations with existing lenders – otherwise the Government’s hands are tied to provide the economic relief required in this pandemic. "We also need to go back to the table with China and the holders of the Eurobonds, and re-negotiate more favourable terms with our commercial lenders,” he told the Zambia Mining Weekly Magazine. Mr Chijikwa said concessional loans were much harder to
get, compared to accessing commercial debt. He explained that Zambia wanted an IMF package because it provided the country a cloak of credibility. "It signals that, if the IMF is doing business with Zambia, it must be the case that the economy is in order. "If the result of talks is that the IMF agrees to work with Zambia, something will have changed. Prospective investors will see that the IMF has ticked its boxes," Mr Chijika said. Mr Chijika also said: "the current perception of Zambia is of a country that doesn’t
Professor Oliver Saasa seem to have its house in order. I think we have no choice.” Professor Oliver Saasa, an economist, warned that one had to be careful about how freely Government could raid the capital market locally, to a level where it begun to adversely affect the long-term growth
and development of the private sector. "Domestic debt is beginning to become [something akin to] a small elephant in the room, which must be addressed – especially now that Government is issuing long-term bonds to raise some money.
By BUUMBA CHIMBULU
ZAMBIA’s Non-Traditional Exports (NTEs) increased by 29.5 per cent to K3.5 billion in July from K2.7 billion the previous month. In terms of the share in total exports, NTEs posted a 28.4 per cent in July this year, says Zambia Statistics Agency interim statistician General, Mulenga Musepa, at the monthly bulletin briefing in Lusaka recently. Mr Musepa said agricultural products accounted for 35.1 per cent of Zambia’s NTEs in July 2020 compared to 32.1 per cent recorded in June 2020. He said the export earnings from agricultural products increased by 41.9 per cent to K1, 226.8 million in July 2020 from K864.6 million the previous month. The major export commodities were ‘other raw cane sugar’ accounting for 19.3 per cent, ‘tobacco, not stemmed/stripped' and tobacco, partly or wholly stemmed/stripped. Mr Musepa said non-agricultural ac-
Analysis of Zambia Rail Sector
Structural deficiencies & the way forward By ALBERT KASOMA Head Monitoring and Evaluation - PMRC
T
HE railway system in Zambia is comprised of an extensive network of surface transport with the potential to offer safe, efficient, and environmentally friendly transport across the country and the region, connecting all major centres of economic activity and facilitating growth. There are two main players in the Zambian Rail Sector, namely, Zambian Railways Limited (ZRL) and Tanzania-Zambia Railway Authority Railway Authority (TAZARA). ZRL is wholly owned by the Zambian Government and manages a rail track covering almost
1,000 km. Since the time of concession from 2003 to 2012, the tonnage moved on rail had declined drastically from 1,323,191mt in 2004 to 690,793mt in 2009. This was due to a lack of investment in track rehabilitation and infrastructure upgrades by the concessionaire. After the cancellation of the concession on 10th September 2012, tonnage moved improved marginally to 702,603mt in 2017. TAZARA on the other hand is co-owned by the Governments of Zambia and Tanzania. It is a key railway that covers approximately 1,900 km from Kapiri-Mposhi in Zambia to Dar-es-Salaam in Tanzania. Amidst daunting operational challenges, TAZARA’s annual freight traffic volumes hit a low of 122,473mt in 2015 compared for instance to figures of over 530,000mt in 2010. Challenges in the sector The railway traffic dwindled to current levels following the deregulation of road
transport in the region, due to high fixed costs, low investments in rail track infrastructure, working capital and rolling stock. There is also a lack of integration among railway companies within the region who have opted to operate as autonomous entities. The average speed of locomotives has also averaged 40km per hour, which is too slow for modern business. Another challenge relates to the fact that TAZARA and ZRL have insufficient locomotives and wagons. For instance, in 2014, ZRL had a total locomotive fleet holding of 37, out of which 24 were operational while 13 were defective and extensively cannibalized. Government interventions to increase rail freight The Seventh National Development Plan (7NDP) prioritizes the construction of new rail spurs and the rehabilitation of existing lines to increase operational efficiency, reduce the cost of freight,
and increase the tonnage being carried. Furthermore, the Government has pledged to encourage private investment in the construction of other rail spurs, including intra-city transit systems. Plans are also in place to migrate the rail gauge from the existing Cape gauge to Standard gauge to enable higher speeds and higher tonnage of freight. In 2012, Government nullified its concession with the Railway System of Zambia (RSZ) in 2012, leading to an 18% growth in the traffic of ZRL between 2012 and 2017. In October 2018, The Industrial Development Corporation (IDC) Board approved an investment of $850 million into rail infrastructure and rolling stock for ZRL. This investment is important because it is a wholesome package intended to alleviate capacity constraints of ZRL. In January 2012, Government brought into effect a Statutory Instrument (SI) to compel transporters of heavy cargo to move 30%
of bulk cargo from road to railway in order to optimize the transport sector and promote the sustainability of the rail subsector. The implementation of the 30% quota system is aimed at preserving road infrastructure as well as increasing revenue and efficiency in the railway operations. Recommendations and way forward • There is need to unbundle the rail line operations through the creation of the Railway Development Agency, so that rail infrastructure development and management are separated from operations. ZRL will focus on running its business operations competitively and in a sustainable manner without focusing on maintenance and investment in rail track infrastructure. • Government is urged to continue with maintenance and upgrading of rail infrastructure to
counted for 64.9 per cent of Zambia’s NTEs in July 2020 compared to 67.9 per cent recorded in June 2020. The export earnings from non-agricultural products recorded an increase of 23.6per cent fromK1, 831.4 million in June 2020 to K2, 264.4 million in July 2020. The major export commodities were electrical energy accounting for 8.5 per cent, sulphuric acid, oleum in bulk and portland cement. “Zambia’s major export products in July 2020 were from the intermediate goods category mainly comprising copper anodes for electrolytic refining and copper blister accounting for 81.0 per cent. “Export earnings from the consumer goods, raw materials and capital goods categories, collectively accounted for 19.0 per cent of total exports in July this year,” he said. Mr Musepa said the traditional export earnings increased by 29.5 per cent to K8, 802.3 million in July 2020 from K6, 797.5 million in June 2020. In terms of share in total exports, traditional export earnings accounted for 71.6 per cent revenue earnings in July 2020. He said the volume of refined copper exported in July 2020 increased by 27.8 per cent from 61,052.6 tonnes in June to 78,023.1 tonnes.
reach the desired speed of 80km per hour for freight trains and 120km per hour for passenger trains. • Zambia should engage in bilateral/multilateral railway route management groups with other countries to collaborate on rail use and infrastructure development to increase volumes and ensure the sustainability of the rail sector. • Government is urged to change the policy environment and encourage private train operators to join the Rail Sector industry. These operators can then be charged for use of rail track infrastructure, thereby boosting Government revenues. • After liberalization of the rail sector, Government would then need to institute a regulatory body to monitor market performance, competition and safety issues to complement the work of the General Inspector of Railways at the Ministry of Transport and communications. This article is an extract from a PMRC Analysis of Zambia Rail Sector – Structural Deficiencies & the Way Forward. . To access the analysis visit www.pmrczambia.com
DAILY
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OHANNESBURG The Banking Association of SA (BASA) says businesses aren't taking up the R200 billion Covid-19 Loan Guarantee Scheme as expected, even after the relaxation of its lending criteria. The R200 billion scheme was announced by President Cyril Ramaphosa as part of the state's R500 billion coronavirus relief package in April, and implemented in May. It allows certain businesses to apply for special government-guaranteed loans from banks. The scheme was meant
Africa trade pact’s architects seek to help offset tariff losses ADDIS ABABA - Architects of an Africa-wide free-trade area are in talks with the African Export-Import Bank to set up an adjustment facility to offset revenue losses for countries that lower cross-border tariffs, according to the zones most senior official. “We are at advanced stages of negotiating with Afreximbank an adjustment facility, which will address the concerns of countries that will experience shortterm revenue losses from liberalising trade under the African Continental Free Trade Area,” Wamkele Mene, the secretary general, said in a virtual tax summit organised by EY.
Monday 31 August, 2020
EXTRA BUSINESS AND CORPORATE WORLD
STIMULUS LIMBO
to help businesses to continue paying salaries and other fixed costs while they were unable to operate during the lockdown, and to help revive their operations when trading restrictions were lifted. BASA, which represents all of SA's commercial banks and some of their international counterparts operating in the country, said that by mid-August only R13.39 billion of
The first commercial deal under what could be the world’s biggest free-trade area has been moved out to January 1 from July, after talks stalled due to the coronavirus pandemic. These are now being revived and moved online. The agreement aims to bolster intra-African trade by lowering or eliminating cross-border tariffs on 90 percent of goods, facilitating the movement of capital and people, promoting investment and paving the way for a continent-wide customs union. The planned reduction in duties has raised concerns from countries that rely on them for income. However, a World Bank report shows that short-term tariff revenues would decline by less than 1.5 percent for 49 out of 54 African countries, with total tax revenues set to decrease by less than 0.3 percent in 50 countries under the deal. – BLOOMBERG NEWS.
Angola to join oil and extractives transparency group LAGOS - Angola plans to join the Extractive Industries Transparency Initiative (EITI), an international effort to fight corruption in revenues from oil, gas and mineral extraction. Angola’s minister of Foreign Affairs Tete Antonio,, announced the move on Twitter late on Friday and said Angola “has clearly demonstrated its commitment to promote the open and accountable management of its natural resources for the benefit of its people.” EITI, formed in 2003, has more than 50 implementing countries. Angola’s President Joao Lourenco has embarked on an anti-corruption drive since taking power from Jose Eduardo dos Santos, who stepped down in 2017 after a near four-decade rule. Earlier this month, a court in Luanda sentenced dos Santos’s son to five years in prison over a $500 million corruption case. Africa’s second-largest oil exporter is also working to stem a steady decline in oil output due to a lack of investment. – REUTERS.
loans had been disbursed to small, medium and micro enterprises (SMMEs). The SA Reserve Bank has only availed R67 billion of the R200 billion to the banks. The banks, in turn, expect that only R43.7 billion will be drawn down by January 2021 in a best-case scenario, and just R24.4 billion if demand remains at current levels. The best-case scenario assumes a
full opening of the economy with all sectors operational and in need of funds. "Right now, at level 2, we are not at fully functional state. Those sectors which are not fully open, how fast can they take up?...If there is an upsurge, the requirement for credit will also go up. But if that does not materialise, then you go back to the base case of R24 billion by January,"
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…Banks claim lack of demand for loan guarantee scheme, but BBC says need is there
explained BASA's Managing Director, Bongiwe Kunene, during a webinar on Friday. Kunene said despite National Treasury and the SA Reserve Bank relaxing the qualifying criteria for the scheme by doing away with surety requirements, requirements for audited financial statements and raising the turnover cap, demand remained week.
Demand is there but banks are not the right middle man The Black Business Council's Treasurer-General, Bonolo Ramokhele, said the weak demand does not mean businesses don't need funding, but rather that the institutions that have been disbursing the guaranteed loans aren't the right platforms to do so. – NEWS24.
EMPLOYMENT OPPORTUNITY The Bank of Zambia, an equal opportunity employer, invites applications from suitably qualified and experienced Zambians for the following positions: No.
POSITION
DEPARTMENT
LOCATION
NUMBER
1
Manager - Board and Protocol Services (BOZM6)
Board Services
Lusaka
1 Position
2
Manager - Archives and Records Management (BOZM6)
Board Services
Lusaka
1 Position
3
Change Management and Innovation Specialist (BOZM6)
Strategy and Risk Management
Lusaka
1 Position
4
Technologist - Electronics (BOZC4)
Procurement and Maintenance Services
Ndola
1 Position
5
Records Officer (BOZC3)
Finance
Lusaka
1 Position
Bank of Zambia Conditions of Service will apply. Please note that the positions are on Fixed Term Contract of Employment for three (3) years and renewable subject to good performance. To Apply Only candidates meeting the above role specifications are invited to apply online, via the BOZ Career page on www.boz.zm or address their hardcopy applications to the postal address appearing below. Applicants’ detailed curriculum vitae (CV), certified copies of certificates and National Registration Card MUST be enclosed with or attached to the online or hardcopy applications. The closing date for applications is Monday, 7 September 2020. Female candidates are encouraged to apply. Only shortlisted candidates will be contacted. Kindly note that the Bank of Zambia has automated its recruitment process. With effect from 1 January 2021, the Bank will ONLY accept online job applications and hard copy applications will no longer be processed. The Director – Human Resources Bank of Zambia Bank Square P O BOX 30080 LUSAKA
Monday 31 August, 2020
Send an email to dailynation@ymail.com
You can also send contributions on any topic. Anonymity when requested will be granted. Send your text message to: 0967 697056 / 0954 328223 / 0972 067699
HICHILEMA TO ACCOUNT FOR HIS ROLE IN PRIVATISATION T
Dear Editor HE recent revelations in the media concerning the irregular transactions of state companies during the privatisation programme under the late President Frederick Chiluba regime are not only damning but should make the State take a keen interest in the matter. To begin with, what is at stake is not the political charade of two leading politicians in the country but strong allegations of public asset stripping whose proceeds have made some of them to enrich themselves beyond their means. Here we have Edith Nawakwi, president of the Forum for Democracy and Development (FDD) challenging the president of the United Party for National Development (UPND), Mr Hakainde Hichilema to account for his role in the privatisation of three state firms. We all know that Intercontinental Hotel, Lima Bank and Luanshya copper mine at the time of privatisation were state companies accountable to the people who held indirect stake in them. And therefore those who had been given the responsibility to sell those assets should have taken the interest of the country both in their evaluation and sale. Now we are being told those state enterprises were deliberately underpriced to give the liquidator in this case Mr Hichilema a safe haven for him to extort the proceeds for his own pocket. But this is criminal and demanding justice on the part of the law enforcing agencies and the
courts of law in this country. Surely, if there is still some morality in this country the revelations of Ms Nawakwi should be thoroughly investigated and all those who were part stealing public funds from the proceeds of the sales of state companies should be brought to book and punished in line with the law than simply playing to the gallery of the public media. Definitely, all those millions of dollars from the sale of the Intercontinental Hotel, Lima Bank and Luanshya copper mine cannot just be brushed aside without exacting justice with the help of the state law enforcement and investigative wings who should be allowed a free hand to delve in these matters deeply in order to come up with truth. In Ms Nawakwi’s disclosure, she alleges that Mr Hichilema converted Lima Bank ranches and buildings for his personal possession while acting under the power of attorney as consultant during the privatisation tenure. This is not only immoral but reeks of insensitive greed that is only found among animal species. Since these allegations are coming from Ms Nawakwi, who served as Finance minister in the Chiluba government there is every reason to give them an iota of truth which needs to be further consolidated to come up with a case against Mr Hichilema. I am sure the FDD leader is not bringing these assertions for political expediency having been silent all these years. Let us hope she feels for the Zambians who had been duped of their sovereign
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wealth by a clique of get-rich-quick homo sapiens. To me, Ms Nawakwi should be taken in immediately as a state witness as she seems to know much about how the state companies were sold and how money was extorted by a cartel of kleptomaniacs who when queried have failed to explain how they got their wealth because they know it came out of fraud and account gearing! The person who was chairman for the privatisation committee Mr Valentine Chitalu or something like that should also be summoned to give his side of the story. We cannot have some people parading themselves as being super-rich with off-shore accounts and leading shares in some top star companies thinking they made it out of their brain and brawn when it was through cheating and uttering. It is time Zabians begin to question the wealth of certain people in this country who have used state privilege to enrich themselves. In fact, Ms Nawakwi will be doing herself a lot of good if she opens up even more on the privatisation issue than just dwelling on one individual who happens to be one of her political rivals before next year’s election. Why do I say so? Rumours abound how she was part in the disbanding of Lima Bank and also her part in the RAMCOZ deal. The story behind the two deals is that Ms Nawakwi and Mr Hichilema shared between them the assets of Lima Bank and also received US$10 million each from the sale of Luanshya copper mine to a Chinese investor after being
told to hide the actual price for which it was auctioned. All this will require her to speak out before she comes out clean from the privatisation saga lest she is seen as courting for some political favours. Whatever if after thorough investigations and prosecution it is found that Mr Hichilema or any other people had inappropriately benefitted from the sale of the state assets then the State should proceed to seize from them all what should be found to be from the proceeds of irregular and illegal transactions. If it is possible any known offshore accounts should be frozen and made to pay back what they owe the people. There is no witch-hunting here, it is simply getting to the bottom of the matter and Mr Hichilema coming up with his own defence of the allegations made against him by Ms Nawakwi who was his campus colleague from their university days. This is even more so considering that the UPND leader has been vocal on corruption and yet he is being connected with those irregular transactions involving the state companies he was liquidating. We only hope the whole thing does not amount to the kettle calling the pot black as the case takes on a new turn in the coming weeks or so. At the same time the whole thing should not end up as a fiery debate for two people on some private radio station. We want the matter to reach the court whose proceedings should become public domain. REVEREND ALFRED SAYILA, Federal Democratic Party.
My advice to PF and UPND Dear Editor, MAY I express my views on the two rival parties the PF and the UPND and help have a better chance of winning elections in the near future. Going into elections with confidence to win can be disappointing when you lose. To avoid the disappointment the parties should understand that it is the undecided voters and not the definite supporters or cadres who decide who wins. PF can confidently be sure of winning on three main issues: 1. If they clearly unite together and stop the infighting and show that their preferred Presidential candidate is Edgar Chagwa Lungu. It’s too late to find someone else who can sell. From my perspective ECL is a preferable presidential candidate for the many undecided voters who would otherwise will boycott voting. Most of the undecided voters relate him to the development seen going on in the country. 2. If the party cleans itself from the corruption tag which the President also has identified as he urged the ACC to fight it in his party. If this is left unattended to, it can cause voter apathy and cause a swing towards the opposition. 3. If MPs are not imposed on the electorates as it was in the previous Presidential election. Some MPs have done nothing in their constituencies. That is what caused a number of them to stand as independents. Some MPs haven’t disclosed CDF yet and we don’t know how the money will be used for. And some want to be MPs forever like they own the monopoly of wisdom in their constituencies. If the UPND has to win in 2026, the party has to deal with only one issue of leadership style. It has to double its effort to draw the undecided voters who mainly have been sympathetic to the ruling party PF where they feel safe because of the style of leadership. 1. UPND should clearly assure the voters that their party removes the dented picture that, it is owned and dictated by one man - HH. Vo t e r s would like
to join a party that is corporately owned by several players. The message sent to the whole nation is that HH bulldoses his decisions on everyone. For example, he would command Members of Parliament to boycott debating bills in parliament. What does HH know about parliamentary obligations and duties. MPs owe their loyalty to the voters who sent them to parliament to represent them and not to HH. This one-man commando style of leadership in UPND only appeared after the death of that gallant man Anderson Mazoka, (may his soul rest in peace). Then came HH who seemed to know it all and who seemed to have forced his way to the rank of UPND President. To change this tag, the party should be bold enough to step HH down and then democratically elect someone else. If this is done, UPND will have a new face and a fresh wind of hope, otherwise HH is a bad team player. He has done more harm to the party than good. HH cannot change because that is all he knows - dictating. In all the years at the helm of UPND, there has never been a convention to elect leaders. He appoints and fires at his will. And it seems everyone else just bows to him as the “Igwee.” But look at the people he bullies. Most of them look intelligent, educated and sound minded. They look to be a strong team who only dance to HH’s music and jumps whenever they see him. Of course the President in every organisation need to be respected, but not to be feared the way these “intelligent” big men do. This style of leadership keeps the undecided to side and sympathise with the ruling party whose President seems to make decisions after consultations. If UPND did this, they stand a chance to win elections in 2026 when ECL leaves the presidency and left PF big boys fighting for positions because some of them seem to be positioning themselves. Tulekeni tutekeko naifwe. ALICK MALAMA.
DAILY
Monday 31, August 2020
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ZCCM-IH ASSURES RUFUNSA GOLD MINING COOPERATIVES
By John Kombe
ZCCM-IH has assured gold mining cooperatives in Rufunsa that the multisectoral team will ensure it adequately addressed their concerns over mining sites, ZCCM-IH public relations manager, Loisa Kakoma has said. Ms. Kakoma made the
remarks after the cooperatives appealed for allocation of virgin sites. She disclosed that the cooperatives already had sites where they were operating from, but assured them of support. She said the company in collaboration with the Ministry of Mines and Mineral Development and Ministry of Commerce and Cooperatives was working
together to enhance mining activities. She said members of the multisectoral team were each playing their different roles to establish the operations of the cooperatives. The officers, she added, were currently in Rufunsa to identify more sites and advise on the issuance of mining licenses to the three cooperatives.
She revealed that the job of her organisation was to provide equipment and uptake the mineral proceeds. She assured the cooperatives that the company would soon sink boreholes in the sites to be identified and allocated to the mining cooperatives. And Chimwetu Gold Mining Cooperative chairman, Emmanuel Tembo appealed
to the multisectoral team to consider allocating the cooperatives licences to mine in new sites. He said the Ministry of Mines was insisting that the cooperatives take up the sites where illegal miners were mining but warned that these sites were not appropriate as the mineral deposits were already depleted. He said moving the illegal miners would also be very difficult as they were already established and were too many to convince. He also confirmed that the Ministry of Mines and Mineral Development was in the area to identify more areas with alluvial gold. He stated that the cooperatives were very grateful
for the material and technical support from ZCCM-IH. Meanwhile, Pokela Gold Mining Cooperative vice chairman, Josias Malunga said the ministry had promised to issue cooperatives with licences to mine in other identified areas. He disclosed that the officer assured the cooperatives that it was withdrawing licenses from erring miners. He said that these sites will be allocated to the cooperatives. He further thanked ZCCM-IH for donating boreholes which were yet to be sunk. He further revealed that the cooperatives were currently facing difficulties in mining in some areas due to lack of water. He was however hopeful that ZCCMIH would sink
ZAMBIA MEDICINES REGULATORY AUTHORITY INVITATION FOR BIDS (IFB) 31st AUGUST 2020 Name of Project/Programme: Z-IRIMS Mr Lubusha
There’s no wind of change - Lubusha
ZAMRA/ORD/04/2020 THE SYSTEM DESIGN, INSTALLATION, IMPLEMENTATION AND COMISSIONING OF AN INTEGRATED REGULATORY INFORMATION MANAGEMENT SYSTEM The Zambia Medicines Regulatory Authority (ZAMRA) in its 2020 Action Plan, budgeted for the cost of the System Design, Installation, Implementation and Commissioning of an Integrated Regulatory Information Management System, and it intends to apply part of the proceeds of this financing to payments under the agreement(s) resulting from this IFB: ZAMRA/ORD/04/2020
2.
The Zambia Medicines Regulatory Authority serves as the implementing agency for the project/programme and now invites sealed bids from eligible Bidders for the System Design, Installation, Implementation and Commissioning of an Integrated Regulatory Information Management System
3.
Bidding will be conducted using the Open International Bidding (OIB) procedures specified in the Public Procurement Act of 2008 and the Public Procurement Regulations of 2011, and is open to all Bidders eligible as defined in these Bidding Documents, that meet the following minimum qualification criteria key qualification criteria relating to previous experience, financial capacity, etc., from the BDS entry for ITB Clause 6.1 (a)]
4.
Interested eligible Bidders may obtain further information from Zambia Medicines Regulatory Authority and inspect the bidding documents at the address given below from 08:00hrs to 17:00Hrs.
5.
A complete set of bidding documents in English may be purchased by interested bidders. A set of the bidding documents may be purchased by interested Bidders on submission of a written application to the address below7 and upon payment of a nonrefundable fee of K1,000.00 (One thousand Kwacha) directly into ZAMRA Account through Telegraphic Transfer or direct deposit into bank account number 0100122033800 held at Standard Chartered Bank North end Branch . The document can be collected from ZAMRA Offices or it can be down loaded from ZAMRA WEBSITE (http://www.zamra.co.zm/consultancy-tenders)
6.
Bids must be delivered to the address below at or before Tuesday 6th October, 2020, 10:30 Local Time. The amount of Bid Security required is two (2No) percent(%) of the bid sum. Late bids will be rejected. Bids will be opened in the presence of Bidders’ representatives who choose to attend at the address below at 10:30hrs Local Time on Tuesday, 6th October, 2020.
7.
The attention of prospective Bidders is drawn to (i) the fact that they will be required to certify in their bids that all software is either covered by a valid license or was produced by the Bidder and (ii) that violations are considered fraud, which can result in ineligibility to be awarded Government-financed contracts.
Procurement Officer For/Director-General Zambia Medicines Regulatory Authority Plot No.2350/M, Off KKI Airport Road ZAF-KKIA Bypass Route P.O Box 31890 ZAMRA Office Complex LUSAKA
By TROY MUKUPA
There is no wind of change but only a voice of continuation in Zambia, Andrew Lubusha has said. In an interview, Mr Lubusha who is PF Eastern Province Chairperson, said the voice of continuation was because of the ongoing developmental projects. “it’s wishful thinking by the opposition to say come 2021 Zambia will see a different political party form government. There is no wind of change in Zambia only the voice of continuation. “President Edgar Lungu has shown exemplary leadership even in the midst of harsh economic challenges. “The people of Zambia have come to know that President Lungu means well. He is committed to ensure that Zambians were elevated by taking development to all corners of the country without leaving anyone behind,” Mr Lubusha said.
ZACA condemns ‘continuous’ price hikes E28082020
1.
By KETRA KALUNGA THE Zambia Consumer Association (ZACA) is concerned with the increase in prices of the basic essentials commodities in the country. ZACA executive secretary, Juba Sakala, said the association had noted with concern that the retailers were increasing the price of essential goods every two weeks using the exchange rate as an excuse for their actions. Mr. Sakala said if the matter was not addressed soon, it would have serious effects on the welfare of consumers
because the hike in prices of food stuffs was distorting the budget at the family level. He said the retailers are quoting the prices of the basic essential commodities to the exchange rate of a dollar to the kwacha which was unfortunate to the consumer. “As ZACA we are concerned with the way prices of basic essential commodities are being increased, it has come to our attention that prices are being increased every fortnight and these retailers are using the exchange rate as an excuse for them to be increase,” he said. Mr. Sakala said the trend was unfair on the consumer especially to families with limited income as they were forced to adjust their budget so as to be able to acquire the daily essential commodities. He appealed to the government through the Bank of Zambia to address the matter by coming up with short-term measures to stabilise the exchange rate to protect the consumers from being exploited.
Monday 31, August 2020
Features
COVID ESCALATES, COMPLIANCE DIPS …deadly pandemic could wipe out nation because of ignorance By NATION REPORTERS THE deadly coronavirus is escalating because most Zambians still think it’s a hoax and therefore ignore prevention guidelines and only the minority are following the rules, the Medical for Quality Healthcare in Zambia (MQHZ) has said. And Ministry of Transport Permanent Secretary Misheck Lungu has urged the law enforcement agencies to ensure that the presidential directive for people to mask up in public is enforced because
his ministry has already provided policy guidelines which people are ignoring, MQHZ director Dr Quincy Mwabu said more effort is needed by all stakeholders to improve on sensitization through packaging of effective messages which will hit the right cord with ordinary Zambians including people in rural areas. He observed that only medical personnel appreciated just how serious and dangerous the covid19 pandemic was . The doctor was reacting to the Daily Nation survey which showed that Zambians have ignored preventive measures against Covid-19. A Daily Nation countrywide survey has shown that public buses and taxis are operating in total disregard of the health guidelines against the spread of coronavirus. Mr Lungu said law enforcement officers should come in and enforce the
directive for bus drivers and commuters comply in regard to masking up, Speaking in an interview Mr Lungu said that the role of the ministry is to give directive and leave it in the hands of law enforcers to enforce the law. He observed that unlike shopping malls which are complying with guidelines, compliance among bus drivers and commuters remains low. Mr Lungu said that just like what happens in shops where owners don’t allow customers without masks, bus drivers should not be allowing passengers without masks to get on their buses. Mr Lungu stated that the directive by his ministry was in the best interest of all citizens. “For us we only give directive we don’t have power to enforce the law but as a ministry the directive is in the best interest of the general public.
“If you are getting on a bus put on mask, owners of shops don’t allow customers to enter without masks bus drivers can do the same, they have the power to send passengers without masks off the bus. “As good corporate citizens make sure passengers comply because if one passenger has the virus, it means all the passengers will be infected, it’s not the government that will get sick,” he said. And the Daily Nation can reveal that motorists have continued disregarding Covid-19 preventive measures. A spot check by the Daily Nation revealed that most motorists and passengers in all parts of the country were defying Government orders for passengers on buses to mask up and for buses to reduce on the loading capacity. Government has ordered that public transport restrict the number of passengers to stipulated numbers, and ensure that all passengers mask up among other measures. Other Government directives include routine sensitization of passengers on Covid-19, ventilation and mandatory temperature reading.
LUSAKA
In Lusaka, only a few passengers had their masks on while temperature reading and sanitizing were completely disregarded. At both City Market and Lima Tower bus stations, passengers without masks were being allowed on buses and no sanitary measures had been put in place. A check at Muyombe and Kasama Stations in Isoka found long distance operators carrying Kasama and Mafinga bound passengers without face masks. The two stations do not have hand washing facilities or sanitizers and the buses have also continued to overload passengers. A motorist, Elias Kaira said it has been difficult to implement the Covid-19 guidelines because most passengers were coming without face masks and business was slow. Mr Kaira appealed to stakeholders to donate facemasks to transporters so that they can be giving them to commuters who come without masks.
KABWE
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In Kabwe, compliance levels from passengers are also below average. A check on buses on the Makululu route found that only 20 percent of the passengers had masked up while some had the masks either on their chins or in bags and pockets. Alias Sikanyika , a bus driver, said passengers were waiting to be told to mask up by either the driver or conductor.. James Chirwa, a bus conductor on the Makululu and Mukobeko route said some people shun wearing masks because they still entertained the thought that the coronavirus was not real. “People know about coronavirus and that they should put on face masks when on public transport but I think
the problem is that some still think that it’s not real and such people are difficult to convince,” he said. Matthews Banda, a pirate taxi driver however said he has taken it upon himself to ensure that passengers in his taxi wear face masks to protect themselves and others. Mr Banda however stated that some passages bluntly refuse to wear a face mask saying they would rather risk being exposed because breathing becomes difficult with a mask on.
KITWE
And despite the Copperbelt being one of the top epicentres for the pandemic, compliance on wearing of masks on public transport leaves much to be desired. A check yesterday revealed that less than 50 percent of passengers in buses were masked up. Many passengers get on public transport without putting on masks including the drivers and their assistants. Other passengers were seen with masks hanging on their chins while others were keeping them in their hands and only get to wear them when approaching a police roadblock or as they drop off to get into certain shops. Drivers talked to complained that many passengers were refusing to wear masks with an excuse that they do not breath properly in masks. Others were heard still doubting the existence of the pandemic and publicly say that they only carry masks with them just in case they meet with police or want to get into supermarkets as well as other offices.
MKUSHI
In Mkushi, masking up is considered extremely odd, those who wear masks are mocked and life is going on in the old normal. A check revealed that only a snippet of bus and taxis drivers were complying while the rest, including passengers did not have masks on. Some public bus operators however were equipped with sanitisers and ensuring that passengers were sanitized before embarking. “Some colleagues do not take coronavirus seriously hence do not comply with measures put in place. They think it is a hoax,” a taxi driver, Daniel Kalunga said. The Bus Drivers and Taxis Association Mkushi District chairperson, Moses Banda urged members to comply with government health guidelines to prevent the spread of coronavirus and save lives of passengers.
NDOLA
On a positive note, public transport operators in Ndola have started enforcing new preventive measures as announced by Government. The bus and taxi drivers are now ensuring that passengers mask up and wash their hands before boarding their vehicles. A check found wash basins at stations such as Chisokone, Mulungushi and Broadway to ensure that passengers washed their hands and wore masks before boarding the buses.
DAILY
Monday 31 August, 2020
By NATION REPORTER
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CORES of civil servants have protested against double deductions of loan recoveries every month by the Zambia National Commercial Bank (Zanaco). The government workers complained that every month the money was deducted at the source and also on their net salaries as they get into their personal accounts at Zanaco. According to the agreement, the loan recoveries
KOPALA NEWS
CIVIL SERVANTS PROTEST DOUBLE LOAN DEDUCTIONS were supposed to be remitted by Government right at the source. However, the workers who got loans from Zanaco had been suffering double deductions from the payroll as well as from the accounts at the salaries hit the bank. In Ndola, civil servants
shuttled between Zanaco Business Centre and West Branch, seeking an explanation from management at the bank. The civil servants starting from Friday and Saturday converged at West Branch in long queues in view of the entry restrictions, which had been
imposed as a Covid-19 preventive measure. One of them said Government had deducted K1, 600 as Zanaco loan and was reflected on the payslip, but when the balance of the salary hit his account, Zanaco deducted an additional K410 indicated only as bank transfer.
Another one who declined to be named said there was deduction of K1,200 on the payslip while Zanaco had also recovered K305 from the net. The civil servants interviewed complained that management at Zanaco West branch gave contradictory explanations, one being that the
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deduction the bank was effecting on the net was as a result of late remittance by Government while another explanation was that both deduction were service the loans. However, a Zanaco Customer Services generated message seen by the Daily Nation indicated that: “Kindly note that this is related to interest that accrue due to late remittance of your loan repayment.”
Five bars shut A COMBINED team of Kitwe City Council public health inspectors and the Zambia Police has closed five premises that were operating as bars. The closed premises operated as bars against the Presidential directive to observe health guidelines in the wake of the Covid-19 outbreak. Some people in Kitwe and other parts of the Copperbelt have continued hosting patrons in large numbers behind closed doors in bars, night clubs and lodges without due regard to health guidelines. Additionally, they have engaged watchmen who raise alarm each time they see police officers or a council team patrolling the areas. Council Public Relations Officer, Nelly Nkolongo, said it was unfortunate that some people had continued opening their night clubs and bars which were supposed to remain closed during the COVID-19 period. “The local authority will not hesitate to take legal action against bar owners who have continued to operate despite warning notices served on them to stop operating against the public health guidelines,” she said. Ms Nkolongo said that the local authority was working with the Zambia Police to deal with patrons found in places that were operating as bars or night clubs. She warned that bars which were operating, reversing Government efforts in fighting the pandemic would be closed down. Many bars in the city were still opening though with caution despite several warnings from the local authority.
E28082020
By SANFROSSA MANYINDA
Monday 31 August, 2020
NORTH-WEST / MOSI
L/STONE RESIDENTS TAKE CONTRACTOR TO TASK By ANDREW MUKOMA
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ESIDENTS of Simonga in Livingstone have threatened to take legal action against PF Livingstone Constituency chairperson Elias Mwila for alleged failure to build a maternity wing at the Simonga clinic as promised. Last year, a contract was given to build a maternity wing at Simonga through donor funding from Mike Nicholson of the United States of America.
The contract was awarded to Mr Mwila and after undertaking the works, he allegedly abandoned the works despite being paid part of the money. Efforts to contact Mr Mwila failed as his phone was not reachable. The residents told the Daily Nation that the donor was not happy and called for a meeting to establish what could have gone wrong. They explained that during the meeting with Mr Mwila, Mr Nicholson and the committee, it was
agreed that part of the money should be refunded since the defaulter was the contractor. Further, a new contractor was engaged to finish the works which have since been completed. "Last year, we awarded a contract to Mr Mwila to construct a maternity wing at our Simonga clinic. But after he received K115, 000 from the donor, he only did party of work slightly around 30 per cent and abandoned the works.
“This year, he was summoned by the community and the donor to give reasons why he abandoned the works. He promised and agreed to pay back a K 22,000 but up to date he has not paid," a committee member explained. UPND Simonga ward councillor Peter Munyama confirmed that the community had resolved to take legal action against the PF Livingstone Constituency Chairperson in order to recover their money.
Vision: to be a dynamic and credible bank that contributes to the economic development of Zambia
NOTICE OF THE AVAILABILITY OF THE LIQUIDATION SCHEDULE OF ZAMPOST MICROFINANCE LIMITED – (IN LIQUIDATION) ISSUED IN ACCORDANCE WITH SECTION 130 (e) OF THE BANKING AND FINANCIAL SERVIVCES ACT, NO.07 OF 2017 This is to notify all creditors and other stakeholders of Zampost Microfinance Limited - In Liquidation (ZMFL) that the Liquidation Schedule containing the steps that the Bank of Zambia will take in winding up the affairs of ZMFL will be available for inspection from Monday, 5 October, 2020 to Friday, 9 October 2020 , at the ZMFL offices on the 1st Floor, Ndola Main Post Office, President Avenue, Ndola from 08:00 hours to 17:00 hours on each day. The Liquidation schedule will be filed in the High Court of Zambia on 12 October, 2020 and after the said filing of the Liquidation Schedule, any depositor, other creditor or owner of ZMFL and any other interested party, may file with the High Court an objection to any step proposed. Written communication may be sent by post to: The Liquidation Manager Zampost Microfinance Limited (In Liquidation) C/O Bank of Zambia Box 30080 Lusaka For further information, contact; The Head - Communications Bank of Zambia Box 30080 Lusaka
DAILY
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Chief predicts bumper harvest in Northwest By BUUMBA CHIMBULU
SENIOR Chief Mujimanzovu of the Kaonde people of Mushindamo has predicted that the North-Western Province will record a bumper harvest owing to the timely delivery of inputs for the 2020/21 farming season. Government has contracted Nyimba Investments to deliver inputs for the province for the 2020/2021 farming season. Nyimba was engaged to supply 25, 474 tonnes of fertiliser and has so far completed the delivering. The traditional leader was speaking at his palace when Nyimba Investments-Head Sales and Marketing Manager Willings Mulendema paid a courtesy call on him. “Thank you Nyimba for the good message regarding the distribution of fertiliser. With this delivery of inputs on time, the province and Mushindamo will contribute to the nation’s bumper harvest,” the traditional leader said. He said the fact that the inputs had been delivered ahead of the planting season, farmers in the province would be encouraged to make their contributions so that they access the fertiliser early. And Kabompo acting District Agricultural Co-
Solwezi Council decongests bus station By JACKSON MAPAPAYI
SOLWEZI Municipal Council has banned public service vehicles transporters from parking their buses overnight at the Solwezi Main Bus Station. The move, which is effective September 15, has been taken as a measure to decongest the facility amidst the Covid-19 pandemic. This came to light when Solwezi Mayor Nicholas Mukumbi held a meeting with bus operators at the weekend. Others who attended the meeting were North-Western Road Transport and Safety Agency (RTSA) Manager Misheck Lungu, Zambia Police district Inspector, Patson Chikwa, Director Housing and Social Services, Andrew Kalemba,
ordinator, Peter Chibizwa, said farmers in the district had been encouraged to make their contributions after realising that the commodity was delivered on time. He said Kabompo has 7, 000 beneficiaries of the Farmers Input Supply Programme(FISP) and he was impressed with the rate at which the deposits were done.
Mr Chibizwa was confident that most of the farmers would make their contributions way before the planting season. And Mr Mulendema said in the previous seasons, Nyimba had been engaged to supply the province and had made it a point to deliver the inputs early. Mr Mulendema was thankful that Government had entrusted Nyimba an opportunity to deliver inputs in the province. and Director Public Health Wamunyima Mumbali. The mayor said there was concerned at the increase in Covid-19 cases and deaths in the district, emphasising the need to adhere to public health guidelines as a measure against further spread of the disease. Mr Mukumbi said the decision would minimise congestion at the bus station and eventually reduce the level of transmission of the Covid-19 due to the high population at the facility. He was quick to mention that bus operators are among key stakeholderswho could assist in minimising the spread of Covid-19 due to the high number of people they interact with. Mr Mukumbi noted the need for bus operators to strictly observe guidelines from as they ferry people from various destinations in order to save lives. He admitted that Solwezi had become a hive of activities emanating from its new title as the ‘New Copperbelt’ hence the need to make drastic decisions to safeguard the lives of people.
OPPORTUNITIES AND CHALLENGES
DAILY
Monday 31 August, 2020
By JOHNSTONE CHIKWANDA
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An energy expert and a FelI was selected and low N of2017, the Engineering Instituteinvited of Zambia, a PhD as one of thecandispeakdateers at at Johnson University, a premier event; the Knoxville, Tennessee, USA. 22nd World Petroleum Congress held in Istanbul, Turkey 9 –selected 13, 2017. N from 2017, July I was This and global eventasisone heldofevery invited the threespeakers years and very at attracts a premier World event; the 22nd senior politicians, diplomats, Petroleum Congress held in captains of industry and several Istanbul, Turkey from July other stakeholders. 9-13, 2017. This global event presented threeyears papers is Iheld every three andin three different of the attracts verysessions. seniorOne politipapers presented was on “Ethics cians, Idiplomats, captains of industry and several other and Human Rights in the Oil stakeholders. Industry-The case of Sub Sahara I presented in Africa.” I sharedthree this papers paper with three different sessions. One the readers two weeks ago. of the papers I presented was I have decided Rights to cononToday, “Ethics and Human tinue from the paper in thesharing Oil Industry-The case of ISub presented on Opportunities Sahara Africa.” I shared thisChallenges paper with theSSA readers and in the at the last week. same event. I shared some asToday, I have to pects last week. Thisdecided week, I will share another paper which I focus on Vertical and Horizontal presented at the event. It was Opportunities thethe SSApurpose region. a long paper.in For of space, I will present porINTRODUCTION tions of the paper over the next two weeksAfrica covering Sub-Saharan is a invast troduction, outlook, vertical region of approximately 27, and horizontal opportunities 000, 000 square kilometres. and challenges. The paper Geographically, it is the area of the was as follows: continent of Africa that lies south of the Sahara Desert. Politically, it INTRODUCTION consists of African countries that Sub-Saharan Africa is a vast region approximately 27, are fully of or partially located south 000, 000 square kilometres. of the Sahara Geographically, it is the area According to the World Bank of the continent of Africa that figures, the Sub-Saharan Africa lies south of the Sahara Des(SSA) had an estimated populaert. Politically, it consists of tion of 973 million asthat of 2014. The African countries are fully or partially south of United Nationslocated (UN) predicts for theregion Sahara the a population of 1.5 and
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INVESTORS Foreign investors have taken note of such positive fundamentals. Foreign direct investment reached $73 billion in 2014, up from $14 billion in 2004. Africa is today home to 700 large – and increasingly pan-African – companies earning revenues of greater than $500 million.
According to the World Bank figures, the Sub-Saharan Africa (SSA) had an estimated population of 973 million as of 2014. The United Nations (UN) predicts for the region a population of 1.5 and 2 billion by 2050. It is a well known fact that Africa’s population growth is higher than the average growth rate of other parts of the world. The SSA, where
FEATURES
IN THE SUB-SAHARA AFRICAN (SSA) PETROLEUM VALUE CHAIN
fertility rates are among the tion boom and strong eco- cans will live in cities, accordhighest in the world, will ac- nomic growth. ing to the United Nations. This urban expansion count for a significant porAs correctly reported by tion of world population a BP Africa Energy Outlook is contributing to rapid growth in the long term. 2016, “energy demand is pro- growth in consumption by According to World Bank’s jected to grow by 88 percent households and businessdevelopment indicators, between 2014 and 2035, yet es. Household consumption women in the SSA average 5.2 its demand accounts for just grew at a 4.2 percent comchildren during their lifetime, five percent of global total.” pound annual rate between compared to 1.6 in Europe or By 2050, over one billion Af- 2010 and 2015 – faster than 1.9 in North America. ricans will be of working age the continent’s GDP growth While this increased pop- and one in four workers in rate – to reach $1.3 trillion in 2015. It is projected that Afriulation is a harbinger for in- the world will be Africans. creased energy requirement, According to the World ca’s consumers will spend $2 it is also a harbinger for sig- Economic Forum Africa trillion by 2025. Third, African economies nificant logistical challenges. 2016 forecast; in the long The SSA, home to 49 coun- term, three powerful positive are also well positioned to tries is historically known for trends (urbanisation, pop- benefit from rapidly accelerits relatively high GDP growth ulation and technological ating technological change rate averaging five percent. growth) are likely to sustain that can unlock growth and leapfrog the limitations and It is fragmented into three Africa’s growth. major common markets - The SADC, COMESA and ECOWAS. According to KPMG Sub Sahara Africa Power Outlook two billion 2050. It isover a well into three major common mar(1) As correctly pointed out by (2014, p.12),by“by 2050, known factAfricans that Africa’s kets - The SADC, COMESA and the Africa Outlook 2017 Magazine, one billion willpopulation be of working age and than one the in four growth is higher average ECOWAS. Africa is home to some of the workers in the will be growth rate of world other parts of the According to KPMG Sub Sahara world’s largest petroleum discovAfricans.” world. The SSA, where fertility Africa Power Outlook (2014, p.12), eries in recent years. A relative The SSA has enormous rates are the highest in the “by 2050, over one billion Africans lack of exploration throughout proven oilamong and gas reserves. world, will a signifi- will be of working age and one in the continent offers huge potenAlmost the account entire for African cant line portion four workers in the world will be tial for the further exploration of coast hasofoilworld and population gas in addition onshore growth into theseveral long term. Africans.” untapped resources both offshore resources across inlandBank’s Afri- deAccording to World The SSA has enormous prov- and onshore. Offshore activity in ca. velopment indicators, women en oil and gas reserves. Almost West Africa is expected to conSeveral countries have in in the SSA average 5.2 children the entire African coast line has tinue, while significant growth is the recent past discovered during lifetime,oilcompared oil and gas in addition to several expected from offshore activity in and are their developing and to reserves. 1.6 in Europe or end, 1.9 in North onshore resources across inland East Coast Africa. By 2011 there gas To this polAmerica. Africa. Several countries have in were 2,217 unexplored/unlicensed icy makers in such countries are While anxious harvestpopulation good thisto increased the recent past discovered and are blocks. dividends fromfor the extractive is a harbinger increased energy developing oil and gas reserves. (2) Refinery Capacity - SSA resources forit their requirement, is also aeconoharbinger To this end, policy makers in remains a net importer of refined mies. First, the continent has costs of physical infrastrucfor significant logistical challenges. such countries are anxious to petroleum products due to lack Paradoxically there has a young population with a ture in important areas of The SSA, home to 49that countries harvest good force dividends from the of adequate economic life. refining capacity. Not been observations de- isgrowing labour – a highhistorically known for its relative-ly valuable extractiveasset resources their econ- East onlyAfrica are they is inadequate already abut they spite the abundant resources in anfor ageing ly high GDP growth averag-world. omies. Paradoxically areleader also aging infrastructure. leading in mobile pay- Thus, being exploited mostrate counBy 2050, Africa isthere ex- has ments. Penetration of smart tries not been to re- pected to have thethat world’s ing have five pecent. It able is fragmented been observations despite the there are opportunities of increasphones expected to hitand at modduce debilitating poverty and largest working-age abundant resources populabeing exploiting isrefinery capacity least ernising the 50 percent mark in on the that the wider society has not tion. ed most countries have not been the few old ones benefitted from national arThis will also form a young, 2020 from only two percent able to reduce debilitating poverty continent. bitrage. energetic and increasingly in 2010. In Sub-Saharan Afand thatworkforce, the wider society has not Clean fuel technology upgrades rica, cellular-enabled maIn some instances this has educated powerfrom national arbitrage. of crude refineriesconnecand gas to liqchine-to-machine precipitated instability and ingbenefitted the continent’s service some instances this has preThere also a lot tions uid arerefineries. expected to are grow a clarion call for transforma- and In manufacturing sector. 25 percent per tion of the industry. Thecipitated consumer base and witha clarion a by around instability of opportunities for mini-refineries annum to 30 modular million by 2020, The narrative taking cen- higher available income of will call for transformation the inperhaps ones. According according to GSMA Intellitre stage has been around continually grow and produstry. to a PwC June 2013 report on deestablishing strong mutually vide markets for local firms, gence, changing the game in The growth narrative velopments in oil and gastoindustry sectors from healthcare beneficial smart partnerships economic andtaking foreigncentre stage has been around establishing in Africa, the refining capacity as power. as elucidated by the New investments. strongis mutually a percentage of have the global investors tak- capacEconomical Partnership for This one of beneficial the keysmart Foreign en note of 3.6 such positive fun- actual Africa (NEPAD), local benefi- drivers partnerships as increasingelucidated by the ity is pecent although and will damentals. Foreign inciation, industrialisation and ly become a key driver for for New Economical Partnership throughput is 2.9direct pecent. vestment reached $73 billion increased intra-trade. consumption of oil and Africa (NEPAD), local gas. benefici(3) Beneficiation and Spill in 2014, up from $14 billion This anthem has been res- Theation, SSA has one of the largindustrialisation and inover Opportunities - National, reonating through all regional est urbanisation rates in the in 2004. Africa is today home creased intra-trade. continental imperatives largeand – and increasingcommon markets and at the world although it still has the to 700gional This anthem has populabeen resonathave been galvanised by a clarion ly pan-African – companies African Union (AU) summits largest share of rural all Strong regionalecocommon call revenues for local beneficiation earning of greater of reand is therefore likely to be tioning in through the world. than sources $500 million. the continental philosophy nomic growth twoUnion markets andin atthe the past African and industrialisation. It is companies which will guide, inform and decades has helped (AU) summits and reduce is therefore These unlikely that thistogether position will be boastabandoned. $1.4 trillion in revenues, mentor prospects of doing poverty and hascontinental increased likely to be the philosand many continue to grow business with Africa. theophy size of the middle class. which will guide, inform and There is heightened cooperation Second, Africa is still ur- very fast. Large companies in mentor and prospects doing for regional integrationand to support utilities, transportation OUTLOOK banising muchof of the business withbenefit Africa. lies ahead. healthcare mega projects to support intra have and achieved It is projected that Afri- economic VERTICAL Africa trade. double-digit revenue growth ca will continue to record Productivity in cities is threeAND currency terms be- are inthe highest energy demand times H as O high R as I in Z rural O Nareas T A in L localGovernments in Africa 2008 andrequiring 2014. To congrowth rate in the world driv- and, over the next decade, an tweencreasingly OPPORTUNITIES E&P comtinued tomorrow. en by urbanisation, popula- additional Afri- “blue There 187 are million significant panies to supply gas as an energy ocean” and “red ocean” opportunifeedstock for local power generaties in the SSA oil and gas industion, industry and for general contry. Most countries have developed sumption, prior to exporting the incentives to attract and support products. Local beneficiation of investors and are exist in huge rehydrocarbon resources is being gional common markets. Some of prioritised to ensure development the opportunities include the folfor the benefit of the local populalowing: tion.
VERTICAL AND HORIZONTAL OPPORTUNITIES
...IN THE SUB-SAHARA AFRICAN (SSA) PETROLEUM VALUE CHAIN
(4) Pipeline engineering and construction (both onshore and offshore), Oil and Gas Infrastructure-In almost all the three major common markets, there are opportunities for building new or replacing the few pipelines which have been in existence for a long time. For instance, there has been talk of building another pipeline along the 1, 700km crude oil pipeline from Dar-es-salaam to Ndola . There has also been talk of another pipeline from Lobito Bay in Angola to Lusaka, Zambia. With a heavy population boom and logistical nightmare, pipeline transport system will be the plausible option. LNG plant engineering and construction. According to a PwC 2013 report, 21 proposed LNG trains over the next decade will make Nigeria and Mozambique the second and fourth largest exporters in the world. Potential industry investment with foreign direct interest is $30 billion per annum. (5) Storage facilities, stability of supply and security of supply with reduction in exports-the need for increased storage capacity remains critical. Most SSA countries do not have sufficient storage capacity not even for holding national strategic reserves which can service the country for a month. Opportunities for Public Private Partnerships (PPP) are available in this regard. (6) Offshore and onshore maintenance (7) Port development and management (8) CO2 reduction and gas powered electricity plants (9) Foreign exchange inflows 10) Petrol Stations - With prospects being driven by economic activities, population growth, urbanisation and a blossoming middle income class, there is an increase in automobile ownership for private and business engagements. Thus the SSA still has appetite for more and modern petrol stations and accompanying non-fuel related business. 11) Other gas monetisation projects for local use such as
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methanol, fertilisers 12) Technology and support services - The SSA usually lags behind the western world regarding technology deployment. There is so much technology in the western world which is not yet available in managing and supporting downstream activities such as petrol stations. There is also need for specific tailor made insurance services. There is need to help develop clusters and regional trade synergies. Most African countries have not yet fully embraced the use of technology which could be relied upon to monitor fuel levels in all tank farms in real time. Fuel is a national security issue, so there is need to deploy technology such as Electronic Tank Gauging (ETG) on all tanks underground or surface and link them to the national regulator in order to monitor in real time stock levels through the country. African economies are well positioned to benefit from rapidly accelerating technological change that can unlock growth and leapfrog the limitations and costs of physical infrastructure in important areas of economic life. East Africa is already a leading leader in mobile payments. Penetration of smart phones is expected to hit at least the 50 pecent mark in 2020 from only two pecent in 2010. In Sub-Saharan Africa, cellular-enabled machine-to-machine connections are expected to grow by around 25 pecent per annum to 30 million by 2020, according to GSMA Intelligence, changing the game in sectors from healthcare to power. 13) Education and Training due to lack of adequate skills and absence of sector specific content, training institutes can forge linkages with institutions of learning in the SSA to offer certain programmes or strengthen existing programmes with new content. 14) Bio fuel crops- Abundant land with good climate in most SSA countries. Most countries have passed standards for biofuel blending. With removal of subsidies on fuels underway, this space is likely to become attractive. A threat to food production but that’s debatable. (15) Participation in the supply of crude oil and refined products. This includes black products such as bitumen to support road construction, lubricants and chemicals. This is because estimated refinery throughput is 2.9 pecent of the global capacity against a production of crude oil estimated at 10.4 pecent of the global supply. (16) Possible linkages and partnerships with some refineries to supply them products such as chemicals which most inland refineries are unable to produce but are needed in those markets. The list of opportunities on both sides of the Cartesian dualism is almost endless due to backend and forward linkages on the verticals and horizontal support structures which accompany the industry. *Johnstone Chikwanda is an energy expert and a Fellow of the Engineering Institute of Zambia, a PhD candidate at Johnson University, Knoxville, Tennessee, USA.
Correct: Did he go without us?
PUPILS
Daily Nation, Educating Zambia!
III. Take care to avoid confusion between the verbs lie and lay. They are easily confused, and many people use them incorrectly. The following forms are correct: lie: recline, rest, remain inactive Present: The cards lie [are lying) on the table. Future: The cards will lie on the table.
DAILY
Monday 31 August, 2020
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Past: The cards lay on the table. Perfect Tenses: The cards have lain {had lain, will have lain) on the table. (Note: Lie never takes an object.) lay: put, place, set down Present: The player lays (is laying) his cards on the table.
SUBJECT: ENGLISH LANGUAGE
Future: The player will lay his cards on the table.
TOPIC: STRUCTURE
Past: The player laid his cards on the table.
SUB-TOPIC: SUBJECT-VERB AGREEMENT LESSON #1: MAKING VERBS ACCURATE TEACHER: Anthony Simukonde
Perfect Tenses: The player has laid (had laid, will have laid) his cards on the table. Note: Lay always takes an object.
Basic Grammar Irregular verbs usually have different forms for the past tense and the past participle. Confusion of these forms leads to errors. As an easy rule of thumb, bear in mind that the past tense form is never used with auxiliaries; the past participle, whenever it is used as a verb, must have auxiliaries. Past He went I spoke They saw
Past Participle He has gone I have spoken They have seen
Certain verbs having similar appearance or similar meaning, or both, must be carefully distinguished. For correct speaking and writing, certain distinctions are still preserved between shall and will. ‘Will’ is now in common use for most purposes; but ‘shall’ should be used in the first person for polite questions offering a choice. Let’s Get it Right I. Guard against the vulgar use of a past participle where you need the past tense. The following forms, used as verbs, must have auxiliaries: begun, done, drunk, rung, seen, sung, sunk. Examples (a)
Wrong: He done what he could.
IV. Distinguish carefully between other pairs of confusing verbs. The following forms are correct: (a) (b) (c) (d) (e) (f) (g) (h) (i) (j) (k) (l) (m) (n)
accept (receive): He accepted my apology. except (leave out): Can we except one man from the general pardon? [except is most often a preposition) affect (influence): The dampness affects my throat. effect (bring about): The arbitrator effected a successful agreement, (effect is most often a noun) borrow (take on loan): May I borrow your pen ? lend (give on loan): Will you lend me your pen ? bring (carry toward something): Please bring it here. take (carry away): Take it to the library. can (be able to): Can you swim across the lake ? may (have permission to): May I use your phone ? (may also expresses possibility: It may rain) leave (go away, abandon): Leave the room. Leave it here. let (permit): Let him go. Let us pray. set (put, place): Set the lamp on the table, (set takes an object) sit (be situated): Sit in the easy chair, (sit does not take an object)
Correct: He has done what he could.
Correct: They ran past my door.
2
Correct: Harry has seen the bus coming.
Correct: They led an easy life last summer.
a past participle. The following forms never take an auxiliary:
(The metal lead, which rhymes with led, is partly responsible for this confusion.)
Examples Wrong: We were almost froze during the night.
Correct: We almost froze during the night. Correct: We were almost frozen during the night. Wrong: Several passengers were badly shook up.
VII. Use shall instead of will for the future tense in first personal questions which offer a choice to the person asked. The following are correct in current usage: Shall I talk to Muwelanji? (choice) Will I know Muwelanji when I see her? (possibility) Shall I take the train back? (choice)
Correct: Several passengers were badly shaken up.
Will I be able to get a train back? (possibility)
Wrong: Has he went without us?
Exercise
Correct: Has he gone without us?
Select the correct form from the choices given in parentheses.
Correct: Did he go without us?
1. He might have (broke, broken) his neck on that apparatus.
III. Take care to avoid confusion between the verbs lie and lay. They are easily confused, and many people use them incorrectly. The following forms are correct: lie: recline, rest, remain inactive
2. The dog was (laying, lying) peacefully under the table. 3. Do you think Musunganji will (accept, except) the position? 4. Something has (went, gone) wrong with this computer.
Present: The cards lie [are lying) on the table.
5. (Shall, Will) we all stop and have a cold drink?
Future: The cards will lie on the table.
6. Sankananji would have (drank, drunk) the whole bottle.
Past: The cards lay on the table. Perfect Tenses: The cards have lain {had lain, will have lain) on the table. (Note: Lie never takes an object.) lay: put, place, set down Present: The player lays (is laying) his cards on the table. Future: The player will lay his cards on the table.
5
9
6
10 11
12
13
14
16
VI. Don't confuse the present form lead with the past and past participle led: Correct: They lead an easy life these days.
tore, wrote
4
15
II. Guard against the vulgar use of the past tense where you need
began, broke, chose, drank, flew, froze, went, rode, rang, shook, swam, took,
3 7
Wrong: Sechelani seen the bus coming.
Correct: Sechelani saw the bus coming.
(b)
1
V. Don't confuse the adjective or preposition past with the verb passed: Correct: They passed my door quickly.
(a)
PUZZLE 30
8
Correct: He did what he could. (b)
Answers to Lesson 16 Select the correct form from the choices given in parentheses. 1. Neither of those chairs (is, are) safe to sit on. 2. There (wasn't, weren't) more than twenty people in the audience. 3. A pile of ragged suitcases and untidy bundles (was, were) waiting for us on the dock. 4. Sechelani’s new car (doesn't, don't) use much gasoline. 5. One significant political force in these states (is, are) the older retired people. 6. This is one of those changing communities that (has, have) developed entirely new problems. 7. About thirty million Kwacha (has, have) been made available for youths. 8. Your scissors (needs, need) sharpening. 9. Each of the new members (receives, receive) private instructions from the hostess. 10. Either the potatoes or the meat (has, have) a peculiar taste.
9. The table was (laid, lain) for eight people. 10. (Shall, Will) the office be open at nine o'clock?
18
19 20
21
Across 1 Ring between nut and bolt 5 Meet (past tense) 7 Subterranean mammal 8 Strike sharply 9 Effective persuasion 11 3.14159 12 Group of musicians 14 reflected sound waves 15 Group of musicians 16 Antinuclear antibody (abv.) 19 Building nest 20 Genre of music 21 Large deer
Down 1 Toll 2 Female voice 3 Glowing coal 4 Reverse Osmosis (abv.) 5 Decimal system of measurement 6 Farm vehicle 10 Control machine 12 Short duration 13 Intoxicated 17 Nothing 18 Address Not Known (abv.)
PUZZLE 29 SOLUTION T
W
W I
N
N E
I
A
I
G
K
O
E
R
D
E
R
A
U
T H
E
N
J N
E
G
A
V
Y
P
P
P
N
A
N
A
G
R
E
T
L
A
T
E
E
R X
E
S
E
M
L
A
I A
U
U
B
R S
N
S
N
7. (Can, May) I look at the sports section for a moment? 8. Sechelani tells me you (saw, seen) the President.
17
T
A
I
C
R
H
DAILY
Monday 31 August, 2020
BRIEFS
Tanzanian opposition cry foul in
DAR ES SALAAM - Tanzanian opposition parties said on Friday that widespread irregularities had taken place in the enrollment of their candidates for elections scheduled for October. The leading opposition candidate, Tundu Lissu, said dozens of candidates from his party for both parliament and local councils had been disqualified for “unfair reasons.” – REUTERS.
Mauritians march in Port Louis over oil spill
PORT LOUIS - Thousands of people have marched through the Mauritian capital, Port Louis, in protest at the authorities’ handling of a massive oil spill, and the discovery of 39 dead dolphins. Many wore black and waved the national flag, while honking horns and drumming. They called for the government to resign and had T-shirts with the inscription: “I love my country. I’m ashamed of my government.” – BBC.
Japan’s premiership race heats up
TOKYO - Japan’s Chief Cabinet Secretary Yoshihide Suga will join the race to succeed his boss Shinzo Abe as prime minister, local media said yesterday, as the competition heats up to succeed Japan’s longest-serving leader. Suga, a longtime lieutenant of Abe’s in a key supporting role, had denied interest in the top job but attracted attention with a series of interviews, to Reuters and other news organisations, in the days before Abe’s abrupt resignation for health reasons. – REUTERS.
Putin and Lukashenko plan to meet
MOSCOW - Russian President Vladimir Putin and Belarusian leader Alexander Lukashenko have agreed to meet in Moscow in coming weeks, the Kremlin said yesterday. The two leaders have not met since anti-government protests over a disputed presidential election that handed victory to Lukashenko gripped Belarus. – REUTERS.
141 scribes lose jobs amid Covid-19 NAIROBI - At least 141 journalists have lost their jobs due to the economic effects of the Covid-19 pandemic. Kenya Editors’ Guild President Churchill Otieno said 64 women and 77 men had been offloaded following the strains brought about by the virus.
Addressing a virtual media stakeholders’ convention, Otieno urged the industry to explore digital opportunities to stay afloat and maintain objectivity. The Counsel for Public Affairs at the US Embassy, Erick Watnik, said the US was committed to supporting local media. Media Owners Association chairman Wachira Waruru told members to monetise digital products. Media Council of Kenya CEO, David Omwoyo, spoke of the destabilisation brought to the industry’s pocket owing to the migration of audiences to online platforms. - DAILY NATION, Kenya.
NEWS OF THE WORLD
15
SA SHOWDOWN
…Ramaphosa offers to subject himself to integrity committee
J
OHANNESBURG - In a move that seemingly disarmed his most vocal opponents, President Cyril Ramaphosa has told the ANC's national executive committee (NEC) he had approached the integrity committee to account for his CR17 campaign. Ramaphosa preemptively approached the integrity committee last week asking them for a chance to explain his controversial campaign that received more than R400 million in donations. In the NEC meeting on Friday, Ramaphosa said he wanted it to guide how the party should approach leadership contests. Sources in the meeting said this set the tone for the meeting and was consistent with the president's push that all those who are
charged with corruption should step down. A party insider added: The president said he wants to appear before them and that everyone who has something over their head must go and present their case. This puts an end to all the sideshows. Ramaphosa's move to deal with corruption in the party was met with resistance from his opponents who pointed at his CR17 campaign. His political nemeses, who come together under the "radical economic transformation" banner, lobbied that Ramaphosa cannot talk about corruption if he does not answer to allegations that he used "white monopoly capital" funds to buy votes at the party's Nasrec conference. This move was intensified by a strongly worded letter penned by former president
Jacob Zuma to Ramaphosa on Friday in which he lashed out at Ramaphosa's open letter to party members bemoaning corruption in the party. President Cyril Ramaphosa answered questions in the National Assembly (NA) on Thursday amid the public outrage about Covid-19 related corruption under his government's watch. Sources said Ramaphosa's bid to stamp out corruption in its ranks was widely endorsed during discussions on Saturday. Despite a call by ANC NEC member Tony Yengeni for Ramaphosa to lead by example and himself resign because of the accusations around the CR17 campaign in an earlier national working committee meeting, the call was not repeated in the NEC. – NEWS24.
India breaks global record for most cases in one day NEW DELHI - As the global number of cases passes 25 million, India has set a new world record for the highest number of new infections reported in 24 hours. The country, which is the world's second most populous with 1.3 billion people, reported 78, 761 cases in one day. It also reported 63, 000 deaths from the virus since the pandemic began. India has now recorded 3.5 million cases in total, behind Brazil and the United States. Officials say India's comparatively low rate of testing also means it is not capturing the full impact of the virus. "Testing per million in India at 30, 000 remains the second lowest in top 10
(virus-infected) countries. Mexico is lowest at about 10, 000," virologist Shahid Jameel told AFP news agency. The official number of global coronavirus cases is now at least five times the number of severe influenza illnesses recorded annually, according to World Health Organisation data. Around the world, there have been more than 840, 000 deaths, considered a lagging indicator given the twoweek incubation period of the virus. That has exceeded the upper range of 290, 000 to 650, 000 annual deaths linked to influenza. Despite the surging case numbers, Indian Prime Minister Narendra Modi has
been pushing for a return to normalcy to lessen the economic pain of the pandemic, having imposed a strict early lockdown of the country’s 1.3 billion people in March. The government announced on Saturday that it will reopen underground train networks - a lifeline for millions in the capital city of New Delhi - and allow sports and religious events in a limited manner from next month. Latin America is the region with the most infections in the world, although some countries in the region are beginning to show a slight decline in infections. In the United States, metrics on new cases, deaths, hospitalizations and test
positivity rates are all declining, but there are emerging hotspots in the Midwest. The global pace of new infections has steadied a little. It has taken about three weeks for the caseload to jump by 5 million cases to 25 million. That compared with the 19, 24 and 39 days it took, respectively, to add 5 million cases to the 20 million, 15 million and 10 million marks. The rate of new daily cases has slowed to around 1.2 percent over August so far. That compared with 1.7 percent in July, 1.8 percent in June, 2.1 percent in May, 4.6 percent in April and 7.7 percent in March. – BBC/REUTERS.
Restaurant collapse in China's Shanxi kills 29 BEIJING - Twenty-nine people were killed and seven seriously injured when a restaurant collapsed in northern China’s Shanxi province, the country’s emergencies ministry media said yesterday. The building collapsed at 09:40 on Saturday in Xiangfen county in the southwest of Shanxi, the Ministry of Emergency Management said in a statement. The accident in the two-storey structure occurred
as villagers and relatives gathered for a birthday party, and the rescue operation ended early yesterday, state media said. Fifty-seven people were pulled from the debris, with 29 confirmed dead, while 21 suffered minor injuries. The Shanxi provincial government has set up a high-level team to investigate the accident in the county, which is under the jurisdiction of the city of Linfen, the emergency management ministry said. – REUTERS.
Rescue workers are seen at the site where a restaurant collapsed on Saturday, in Xiangfen, Shanxi province, China. - REUTERS
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17
CORONAVIRUS IN KENYA: HOW IT TURNED CLASSROOMS INTO CHICKEN COOPS
T
Joseph Maina has transformed the classrooms in his school
HE classrooms at Mwea Brethren School, which once resonated to the sound of children learning, are now filled with a cacophony of clucking chickens. On the chalkboard, maths equations have been replaced by a vaccination schedule. Joseph Maina, who owns
the central Kenyan school, has had to turn to nurturing animals to earn some money as he is no longer getting an income from providing an education. 'Vital for survival' Things were especially tough in March, when all the schools were told to close, as he was still repaying a loan and had to
increase on what they save and invest. They loathe waste
A Guide To Becoming And Staying Wealthy – Lessons From The Wealthy do they practice? What do they do to sustain their wealth?
Maria Karima
Head - Corporate Affairs & Marketing Investrust Bank Plc
Dear Reader, We trust that you and your wonderful family are well and staying clear of COVID -19. The pandemic has changed our lives in ways that we could never have imagined, totally transforming the way we live. Social and economic dynamics are at their peak, calling for all of us to be steadfast in the way we plan for our future. One key area that requires us to nurture and keep in check now is Money Management (MM). This is because money is ESSENTIAL in our lives. This, therefore, calls for us to really manage it well, particularly during this time when what lies ahead of us is almost unpredictable. Taking charge of your finances during this period will not only give you peace of mind but will also get you started on your Financial Freedom (FF) journey and ultimately positively change the quality of life for you and your loved ones. In our stories prior to this edition, we shared tips on how we can tighten our MM plans and how we can adopt behaviours that support and catalyse this agenda. We believe that anyone can be a master at MM. All one needs to do is be intentional and deliberate about it. We also encourage you, dear Reader, to equip yourself with information and knowledge about MM. Knowledge is power, and it goes a long way in setting a solid foundation for you to soar in your FF aspirations. Knowledge is Power There are a number of sources of knowledge/information on MM. In today’s story, we focus on learning from ‘experts’, people that have travelled this journey and have done it well – the wealthy. How do they do it? What positive behaviours
Others say that making a decision to manage money well is the easier bit and that what is more challenging is sticking to that which we say we will do such as always ensuring that we live within our means, budget and avoid unnecessary debt. Whereas this could be true, it can also be argued that it is possible to adopt positive behaviours that can help us to achieve our Financial goals. The fact that some people achieve it means that it is attainable. It also means that there are certain behaviours wealthy people have that help them to become and remain wealthy. It is these behaviours that we would like to share with you so that we can all learn something and begin to emulate them so that we also grow our money and become wealthy.
Wealthy people are not wasteful. They believe in reusing what they can. Pat Brennan, co-owner of Brennan Builders, a premier custom home builder in Pennsylvania tells of a story when she encouraged her granddaughter to keep some paper clips as she was sorting out some stationery so that she could use them again to which she answered, ‘Grandma, do you know how cheap paper clips are?’’ her response was, ‘‘Do you know how far a penny can stretch when you need it?’’. Ordinary people are not as sharp as we think! Sounds consoling right? Despite them being as ordinary as we are, wealthy people do things differently. They are always up to date with trends in wealth creation, and they always keep their eyes and ears open for such developments in various markets depending on what they do. Peter Shankman, entrepreneur and angel investor says ‘’It’s amazing how much smarter everyone thinks you are once you have money. Two days after I sold my company, I got asked to speak at a conference I had been trying desperately to speak at for six years.’’ Not quitters- they go all the way to get what they deem right
Purposeful Mind Set Wealthy people have a mindset that sets the ground for what they achieve. There are principles that guide the way they think which include the following:
August Turak says, ‘’I once went all the way to the head of customer support at Dell over a problematic computer that was out of warranty, and I was shipped a new one the next day. If you are willing to go up the chain, you will very likely reach someone who is willing to bend the rules to rectify a complaint and fix the problem’’.
Cheap and proud
Finding investment ideas in everyday life
Wealthy people do not spend money unnecessarily even when they can afford to. They are extremely cautious with how they spend, they bargain and lookout for special offers and are not ashamed about it.
Wealthy people are deliberate and intentional about the art of being or living wealthy. Being wealthy and investing is part of their everyday life, and they ensure that they identify opportunities from observing everyday life. A manager at Fidelity Magellan fund says, ‘’After my wife got excited about the fact that Hanes sold its L’eggs pantyhose in grocery stores, I figured that the company was on to something. I bought Hanes’s stock and watched it rise, six-fold!’’
Read on to learn from the wealthy as you walk your own path to being wealthy and attaining FF.
Not spending money is the same as making money Wealthy people interpret not spending money to be the same as making money. This means that they will only spend on necessary things. Here is how it works, they may, for instance, decide to fly economy as opposed to business class and save, say K30,000.00. Their interpretation of this is that they can surely agree to be paid that amount of money for deciding to forgo the comfort of flying business class because it is a great bargain! They avoid unnecessary transactions As opposed to conducting various banking transactions such as withdrawals, they have a habit of either drawing out what they will need to use during the month or strictly separating money for spending from money for saving/ investment. Along the way, they also challenge themselves to ensure that they keep reducing on what they use monthly where they can so that they
renegotiate with the bank. At first, it seemed that everything was lost, but "we decided that we must do something (with the school) for survival," Maina says. As private schools, which educate around a fifth of Kenyan children, rely on fees for their income, their enforced closure has meant that they cannot pay the staff and many are in serious financial trouble. A small number of schools have managed to continue teaching through online learning, but the fees they are getting barely cover teachers’ basic living expenses, according to the Kenya Private Schools Association (KPSA). About 95 percent of the more than 300, 000 private-school staff members have been sent on unpaid leave, KPSA chief executive Peter Ndoro says. In addition, 133 schools have been forced to close permanently. ‘Never this bad’ In order to avoid taking this drastic measure, Roka Preparatory, another school in central Kenya, has also converted its premises into a farm. “Things have never been this bad,” James Kung’u, who founded the school 23 years ago, says. Outside, vegetables are now growing in what was the playground. He is also rearing chickens. “My situation is similar to other schools. I struggle to fuel the car. The teachers and the students are no longer here. Psychologically, we are very much affected,” Kung’u says. Both Mwea Brethren and Roka have retained only two employees, who are helping with the farm work. “It is not for riches. We are comfortable… at least you are not bored, you are busy and it’s like therapy,” says Kung’u. No role for teachers While the two schools have found an alternative source of income, the owners worry about the fate of their teachers, who have had to go without pay for five months. This is in contrast to staff at
state-run schools, who have been receiving their salaries. Maina says some teachers in his school have called him to ask if there is anything they can do. “But unfortunately we don’t even have enough to feed ourselves,” he says. As a consequence, many have turned to alternative professions. Macrine Otieno, who taught for six years at a private school in the capital, Nairobi, was evicted from her house after she was unable to pay her rent. She took a job as a live-in nanny to be able to get shelter and food. “Since we had our first case of coronavirus in Kenya, and the schools were closed, there has been nothing for me to do. “I have been trying to hustle a bit to find something for my child, but it has not been easy,” she says. Gloria Mutuku, a teacher in eastern Kenya, decided to become an entrepreneur and took a loan to start a business selling groceries when the schools closed. She hopes her business will do well and does not plan to go back to teach even when the schools reopen. Her idea is not uncommon and furthermore there is a question mark over whether the private schools will be able to reopen, as adapting to coronavirus could impose extra costs. KPSA wants the government to help resolve the financial problem through grants totalling $65m (£50m). It is also hoping that the teachers stay in the profession. “There is need for the government to support private schools because they contribute so significantly to the economy and actually reduce the expenditure of the government on education,” Ndoro says. If the money is not forthcoming “some of the schools may not be able to survive,” he warns. The ministry has offered help through a concessionary loan that will be available to those establishments that qualify but Ndoro fears it won’t be enough to save all the country’s schools. – BBC.
Dear Reader, we trust that this story will prompt you to make wise decisions regarding MM and that you will adopt behaviours that support your FF goals and aspirations. Until next week, keep safe, stay blessed and be a blessing to others!
For comments or questions email maria.karima@investrustbank.co.zm
The playground of Roka Preparatory School has been turned into a vegetable farm.
Monday 31 August, 2020
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MESSI FAILS TO SHOW UP FOR PRE-SEASON MEDICAL - BARCELONA SOURCE
L NBA play-offs: Los Angeles Lakers & Milwaukee Bucks through to second round GIANNIS Antetokounmpo and the Bucks will play the Miami Heat in the second round of the play-offs after the latter swept the Indiana Pacers 4-0 The Los Angeles Lakers and the Milwaukee Bucks both reached the second round of the NBA play-offs after games resumed on Saturday. The Lakers beat the Portland Trail Blazers 131122 to win their Western Conference best-ofseven series 4-1.
The Bucks also secured a 4-1 series win in the Eastern Conference by beating the Orlando Magic 118-104 in game five. The games were rescheduled after they were postponed in protest following the shooting of Jacob Blake. An agreement to resume the play-offs came after a “candid, impassioned and productive conversation” between NBA officials, players, coaches and staff. LeBron James, who scored 36 points, 10 assists and 10 rebounds against Portland for his 25th career play-off triple-double and now has a perfect 14-0 record in the first round of the play-offs, said the Lakers wanted to “get better as the series went on.” “And we did. We have an opportunity to decompress just a little bit and wait for our next opponent,” added James, after his side brushed past the Trail Blazers, who were badly missing injured star player Damian Lillard. The Lakers will play either the Houston Rockets or the Oklahoma City Thunder in the West’s second round, while the Bucks will play fifth seeds the Miami Heat in the East. The Rockets, led by James Harden’s 31 points, thrashed the Thunder in game five of their series to lead 3-2 going into today’s game six. – BBC.
IONEL Messi did not attend a pre-season medical with Barcelona yesterday, a Barca club source confirmed, following his shock announcement on Tuesday that he wants to leave the club. Reuters footage showed players arriving for coronavirus in the morning and Messi did not appear. He had been due at Barcelona's training ground at 10.15 local time. Players had been given staggered appointments throughout the morning until midday. Media reports on Saturday said Argentine Messi would not undergo a pre-season medical or attend training today. The 33-year-old six-times world player of the year informed his lifelong club on Tuesday he wished to leave immediately, plunging Barca
into new turmoil less than two weeks after their humiliating 8-2 Champions League quarterfinal defeat by Bayern Munich. Messi's lawyers plan to invoke a clause in his fouryear contract, signed in 2017, which would have allowed the forward to leave the club for free if he had requested it by June 10. They will argue that that date - nominally the end of the season - is now irrelevant after the coronavirus delays that led to the season’s extension and the team playing deep into August. Under the terms of the contract which expires in 2021, the only way Messi can leave without the club’s consent is if another club pays his release clause of 700 million euros ($833 million). – SuperSport.
Aubameyang 'convinced to stay' - Mikel Arteta ARSENAL manager Mikel Arteta thinks captain Pierre-Emerick Aubameyang has been "convinced to stay here for longer" after his starring role in the Community Shield win over Liverpool. Forward Aubameyang, whose Gunners contract expires next summer, curled in a fantastic opener - before Takumi Minamino's equaliser - and then scored the winning penalty in the shootout at Wembley on Saturday. "It's an exciting time to be an Arsenal player," said the 31-year-old Gabon international. The FA Cup winners have been trying to tie Aubameyang down to a new contract for some time. He has scored 70 goals in 109 games since joining Arsenal from Borussia Dortmund for a club record £56m in January 2018. Aubameyang was made captain in November after midfielder Granit Xhaka was stripped of the armband by Arteta's predecessor Unai Emery. "My job is to try to convince him he's at the right place at the right time," Arteta said. "I think we got that and then we have to make the
paperwork and that takes a bit of time." Aubameyang's excellent 20yard strike on Saturday made him only the second Gunners player to score five Wembley goals, after Alexis Sanchez. And they have all come since July - he netted twice in the 2-0 win over Manchester City in the FA Cup semi-final before another double as Chelsea were beaten 2-1 in the final. Asked about his future after the Community Shield, Aubameyang said: "We're going to see in these days. Today we
take the trophy - that's it. "We are improving. There is still work to do but I'm really happy." Aubameyang won the Bundesliga golden boot in 2017 and the Premier League version in 2019, although his only major trophies are the German Cup, FA Cup and French League Cup with Saint-Etienne. Klopp did not expect “perfection” from Liverpool Liverpool manager Jurgen Klopp hopes Premier League clubs change their minds and vote to keep five substitutions
this season. The rule was brought in across the world to help teams finish their 2019-20 or 2020 seasons amid the coronavirus pandemic. Leagues were allowed to keep that for 2020-21 but Premier League clubs voted earlier in August to go back to the regular three substitutions rule. There is reportedly going to be another vote this week, although critics say it would benefit bigger teams with more money to build bigger, stronger squads. – BBC.
Serena sets sights – again – on 24th Grand Slam title
at
SERENA Williams' protracted pursuit of Margaret Court's record of 24 Grand Slam titles resumes a 2020 US Open that promises to be unlike any other. The absence of fans because of coronavirus
concerns means the buzz and hubbub that define the US Open will be missing. Williams, whose 23 major victories are an Open-era record, will have nothing but her own skill and will to get her through the tough moments as she seeks a record-breaking seventh title on the hard courts at Flushing Meadows. "I don't dislike it and that's weird because I am a player that is so emotional and so, like, a crowd player," Williams said upon returning to action after the WTA's coronavirus shutdown. "Kind of reminds me of the junior days. There is
something nostalgic about that." Playing in a virtually empty Ashe stadium, which seats more than 23, 000, could be another story. "Playing in New York is going to be interesting, because the stadium is huge," Williams said. "But I do practice in empty stadiums, so I have played in New York on Arthur Ashe Stadium when it was empty and it was great. "I guess I have to kind of lean on that." It has been more than three years since Williams won her 23rd Grand Slam title at the 2017 Australian Open – when she was already pregnant
with daughter Olympia. She's come close since, reaching four major finals only to come up empty handed. "I've definitely been stuck," said Williams, who seems to have grown weary of the questions about Court's record if not the chase itself. Even if she reaches the milestone, she said, it would provide no sort of punctuation mark. "I'm never satisfied, that's the story of my career," Williams said. "I'll never be satisfied until I retire, that's just my personality." - Super Sport.
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SHORT NOTICE?
...aggrieved individuals in FAZ squabbles cry foul By MICHAEL MIYOBA and MUKWIMA CHILALA
A
Daka Daka, 21, scored 24 goals in 31 league games as Salzburg won the Austrian title for the seventh year in a row, despite selling star striker Erling Haaland in January.
GRRIEVED individuals in the Football Association of Zambia (FAZ) wrangles have described as short notice the day set by FIFA for the much anticipated meeting set to iron out the disputes. FIFA has set September 1 as the day the warring football administrators will meet with its envoy and government officials via a video conference to resolve the wrangles that have affected the Zambian game. FIFA chief Member Association's officer Veron Masengo Omba
confirmed that the meeting will be held tomorrow through a video conference. In a letter addressed to FAZ General Secretary Adrian Kashala, Omba said the vitual meeting will comprise of representative from FAZ, Ministry of Sports, National Sports Council and maximum three representatives of the aggrieved parties. However according to sources from the aggrieved camp, the date set by FIFA has come at short notice and the lawyers representing individuals who had taken FAZ to court are out of the country. The source said the aggrieved are yet to meet to select three individuals who will represent them during the meeting as proposed by FIFA. "The lawyers representing the aggrieved are in London so it is a short notice. They requested that the meeting be held on Friday. If FIFA can accept for the meeting to take place on Friday, it will be better but if FIFA says
By MICHAEL MIYOBA
MANCHESTER United 'join Liverpool in weighing up a move for RB Salzburg striker Patson Daka' after Zambia hotshot scored twice for the Austrian side in their friendly against Jurgen Klopp's side last week, reports Daily Mail UK. According to reports, Manchester United have joined the Reds and several other big clubs in tracking the former Nchanga Rangers and Power Dynamos striker. Daka, 21, scored 24 goals in 31 league games as Salzburg won the Austrian title for the
seventh year in a row, despite selling star striker Erling Haaland in January. Meanwhile the Sun reports that Daka would not be cheap, with a fee of £20 million plus pegged at the young star who has been in brilliant form as Salzburg’s top man. Daka and midfield ace Enock Mwepu signed new contracts with Redbull Salzburg that will see them at the club until 2024. The Zambian duo have become integral members of the Austrian Tipico Bundesliga bhampions with Mwepu sealing a midfield spot and Daka scoring crucial goals for the Bundesliga champions.
And the Daily Star reports that Manchester United boss Ole Gunnar Solskjaer is on the hunt for a striker and could now target Daka after he scored twice in a pre-season clash with Liverpool. Solskjaer is believed to be on the hunt for a forward with Borussia Dortmund star Jadon Sancho and Daka his top targets. A move to the EPL would make Daka the third Zambian to play in English top flight football league in the last two decades after Collins Mbesuma and Emmanuel Mayuka who played for Portsmouth and South Hampton respectively.
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Man United chase hotshot Daka
no, the lawyers will have to fly back as soon as possible for the meeting to take place on the date recommended by FIFA. "People have proposed some names but for those who had taken FAZ to court and the case is a dfferent story and for ba Kalu because the issue here is about the elections, FAZ banning people from contesting the FAZ elections is the issue at hand," said the source. And former FAZ executive committee member Blackwell Siwale said he is among those aggrieved who will be presenting their grievances during the meeting. Sources from within the aggrieved parties have suggested that Soccer legend Kalusha Bwalya, veteran administrator Simataa Simataa and Siwale fill up the three slots that have been allocated for the aggrieved parties by FIFA in the virtue meeting. But Siwale noted that it was not for him to decide on who will attend the meet-
ing but said that the group would discuss and choose people eloquent enough to represent all the aggrieved parties. “I can confirm to you that I’m one of the aggrieved and that letter reached us on Friday night as an aggrieved party. Damiano and Patson Lusaka were in court on behalf of others those we are calling aggrieved parties because we could not all go to court at once so we had to find someone to represent the group. So now we will find those that are eloquent enough to drive a point home to FIFA and make them understand the current football impasse in Zambia,’’ Siwale said. "We have three issues we have to present with the first one being the electoral process on how flawed it was and secondly is to tell FIFA that the current executive is seating in office illegally and has been vindictive to people as well as all the alleged crimes committed by the executive."