PRESIDENT LUNGU CHEERS UP THE CHAMBER OF MINES

Chamber of Mines Logo

Zambian Mining Sector welcomes directive by Republican President to change the 2015 Mining Fiscal Regime

The Zambia Chamber of Mines, a body representing mining and allied industries in Zambia has welcomed the directive by the Republican President, His Excellency, Mr Edgar Chagwa Lungu to the Ministers of Finance and Mines, Energy and Water Development to effect changes to the 2015 Mining Tax Regime by 8th April 2015.

The Zambia Chamber of Mines and its members are committed to working with the Government to finding solutions that will allow them to sustain operations, protect jobs, support local communities and contribute to Government revenue.

We note that from inception the Republican President has been committed to fostering the sustainable operations of the mining companies, as seen through his resolve to guide the line ministries, including the Zambia Revenue Authority on the issue of Value Added Tax

Rule 18(b).This will surely help to continue contributing to job creation and poverty alleviation.The mining industry represents more than 86 per cent of Zambia’s Foreign Direct Investment. This investment is critical for increased capacity and production levels in the mining industry, and is fundamental to the development of growing economies such as Zambia.

It must be emphasised that the Zambia Chamber of Mines has met with Ministry of Mines,Ministry of Finance and Zambia Revenue Authority on a number of occasions both this year and last year. These positive meetings have served to produce a useful dataset which allows both industry participants and Government to benchmark the current state of the Zambian mining sector.

The Zambia Chamber of Mines is committed to working with all stakeholders to put in place a tax system that will:

1. Increase revenue to the Government coffers for social and economic development on a sustainable basis,

2. Encourage investment in the Mining sector for sustainability of the industry and security of direct, indirect and induced jobs,

3. Be predictable and stable to enable long term planning by the mine operators and potential new entrants into the industry,

4. Encourage efficiency in the Mines by optimising cost profiles

To this effect The Zambia Chamber of Mines and its members maintain their recommendation that the 2015 fiscal regime is deferred and the 2014 fiscal regime is reinstated whilst a more amicable regime is negotiated with all relevant stakeholders.

Issued by:
Zambia Chamber of Mines

PRESIDENT LUNGU MAKES CHANGES TO RETIREMENT AGE LAW

Edgar Lungu as servant

Shanghai, China (FRIDAY, 27th March 2015) — In line with his campaign promise during the run up to the January 20 presidential election, His Excellency Mr. Edgar Chagwa Lungu, President of the Republic of Zambia has directed the Ministry of Justice to immediately revise the law on retirement age to provide for three options an employee can exercise to retire.

The President has directed that the following changes be effected through an amendment to Statutory Instrument No.63 of 2014 to introduce a graduated arrangement that will afford employees the following options:

(a) Early Retirement – 55 years
(b) Normal Retirement – 60 years
(c) Late Retirement – 65 years

Accordingly, the Secretary to the Cabinet has since informed the Ministry of Justice Permanent Secretary Mrs. Patricia Jere to prepare the Statutory Instrument and to liaise with the ministries of Local Government and Housing and Labour and Social Security to amend the LASF Act and NAPSA Act respectively to reflect the revised retirement ages.

“The revised Statutory Instruments should clearly indicate that those who were employed before the effective date of the new Statutory Instruments will have the option of proceeding on either early retirement, normal retirement or late retirement as a way of securing their accrued rights,” directed the Head of State.

Those employed in the public service after the issuance of the said Statutory Instruments will only qualify for normal retirement at the age of 65.

The President’s order therefore necessitates the urgent need for the passage of the Social Security Bill into law.

Issued by:
Amos Chanda
SPECIAL ASSISTANT TO THE PRESIDENT
(PRESS & PUBLIC RELATIONS)

Za Yellow Turns Yellow On Cooking Oil – No More Imports of The Product

Given Lubinda Signing

Cooking-oilHon Given Lubinda recently announced that Government is suspending the importation of edible oil or cooking oil as it is commonly known.

The announcement sent mixed feelings to the general public. However, this decision needs to be supported because it will boost agriculture and the manufacturing industry. It is also logical to expect more jobs to be created in agriculture and manufacturing industry, thereby reducing the poverty percentage of the Country.

Speculators alarmed citizens that there will be a shortage of cooking oil which consequently might up the price of the commodity. However it has been reviewed by Crushers and Edible Oil Refiners Association (CEDORA) that currently the country has a production capacity of 20, 000 metric tonnes of refined vegetable oil which is twice the domestic consumption of just less than 10,000 metric tonnes per month. Therefore the speculations are far fetched if CEDORA is on point with their information.

CEDORA consultant  Dr. Aubrey Chibumba also said that Zambia risked losing out over US$150 million from importation of edible oil. Coupled with that, 4, 000 jobs are likely to go. However, this looks like a risk the Country has to take for a high goal economically.

It is common sense to say that the Country is losing out on the importation of cooking oil through smuggling. The cooking oil market is also uneven due to smuggling and other cut-hand methods used to bring the product on the shelves of our shops.

The decision by the Agriculture Minister is in the right direction especially as the Country explores avenues for diversification from our traditional exports. If anything, if the demand is higher than the current production, we would rather be setting up industries to satisfy the market than importing. And if that fails,  it is not so difficult to flood the market with imported cooking again.

JUDGE CHIKOPA TRIBUNAL DISSOLVED JUDGE KAJIMANGA, JUDGE MUTUNA REINSTATED

The Tribunal headed by Malawian Judge Lovemore Chikopa set up to investigate Judges, Nigel Mutuna, and Charles Kajimanga has been dissolved.

The Tribunal was set up in April 2012 by President Michael Sata following the complaint by Post Newspaper proprietor Fred Mmembe and Mutembo Nchito when they alleged that Judges Nigel Mutuna, Judge Charles Kajimanga and Supreme Court Justice, Philip Musonda, misconducted themselves over the handling of the Zambian Airways court case (where they are shareholders).

The Tribunal was dissolved by President Edgar Lungu following a Consent Judgement entered into by the Attorney General and the Judges.

President Edgar Lungu has since revoked the suspensions and reinstated the Judges and has allowed them to work as puisine judges of the High Court.

The Tribunal failed to sit when it was frustrated by numerous court applications and injunctions.

And Chief Justice Ireen Mambilima has appointed Judge Charles Kajimanga as Judge-in-Charge.

This matter has infuriated Fred Mmembe who has written a new letter of complaint letter to Chief Justice Ireen Mambilima claiming that it would be difficult for him and his colleagues to obtain Justice from the Judiciary “since the judges were intent or appointed to fix them”.

President Edgar Lungu’s recent actions have been hailed and interpreted by many observers who feel that President Lungu is on a path to dismantle the hold and control of public institutions by the group famously known as the “Cartel” who were accused of holding individuals and public institutions captive to their whims..

STELLA SATA OFFERS APOLOGY – BUT YOUTHS SHOULD BE ENTREPRENEURIAL

Stella Mutale Sata 1

Stella Sata says she apologises for the mode of delivery of her message encouraging youths to be entrepreneurial but maintains her stance on the methods used by the ‘jobless 6′ in advocating for employment were wrong.

Reacting to a social media storm that has erupted over her message 72hrs ago, Sata says the fact that her father was Republican President should not mean she can not add a voice on issues of national concern.

“Apparently a Sata, a former Minister’s child, a former President’s child has NO RIGHT to speak about several issues. I am presumably privileged and have never gone through hardships so I have to keep quiet. The family I was born into is not grounds for anyone to call for my silence.

Every hardworking person here works hard so their children can live a better life. I do not believe any of them is working hard so that their children may never speak about anything in public.” Stella added as she appealed to the public to accept her peace offering.

Stella said she was apologetic if she had hurt unemployed people’s feelings but maintained she did not agree with the methods used by the ‘Jobless 6′ in bringing attention to the matter.

“Here in lies what I will apologise for. I will apologise for pissing off thousands of unemployed people or their families or anyone who has ever been a frustrated job seeker.’

The 20yr old Stella is widely likened to her late father for her string of controversy’s and is fondly referred to as ‘Princess Cobra’. She has a Masters in Business and Financial Management and is currently running her own business outfits.

Summarized by Mwebantu Media, Full statement below:

“So tempers are still high and I am probably the most disliked person on social media at the moment.

It’s not about what I said it is more about how it was said and WHO SAID it.

For quite a number of things, I can apologise. For quite a number of things- I will not apologise.

To begin with, I am not my father, my father’s successes and my father’s failures are not my own. If my father had an opinion on a matter, that does not automatically make it my opinion. So I will not apologise for what my father did or did not do. That is not my battle to fight.

Also, I will not apologise for what privileges or hardships came with being the daughter of Mr. Michael Chilufya Sata.

Apparently a SATA, a former Minister’s child, a former President’s child has NO RIGHT to speak about several issues. I am presumably privileged and have never gone through hardships so I have to keep quiet.

I will not apologise for speaking. And believe me I will always speak. Because I have a voice. The family I was born into is not grounds for anyone to call for my silence. Every hardworking person here works hard so their children can live a better life. I do not believe any of them is working hard so that their children may never speak about anything in public.

I stand against public shaming of any kind and ESPECIALLY public shaming targeted at me. I stand against it for the sake of every presumably privileged child and I stand against it for the sake of my own (future) children. No person should ever bow down to public ridicule because of their opinion.

Here in lies what I will apologise for. I will apologise for pissing off thousands of unemployed people or their families or anyone who has ever been a frustrated job seeker. I will also apologise for I myself, publicly shaming the ‪#‎Jobless6‬ just because I do not agree with their methods of dealing with unemployment. This resulted in those people who agreed with my view publicly shaming them too.

Perhaps, my delivery of the message left a lot to be desired and gave room for the wrong interpretations. For that, I apologise. Not every one will understand what you say, the way you mean it.

I still stand by stance, that if a graduate can not get employed then they should be able to find means of making the informal sector work for them. There is so much potential that people do not exploit because we feel we worked too hard to start from anything less than a good paying entry job in Government or in established Corporations.

Are their hurdles to jump in the entrepreneurship arena? Many. In fact, you will probably become much more frustrated than you were when you were job hunting. BUT that is no reason to not try just because there are several hardships.””

Stella M Sata Is Right But Out Of The Reality Of Many Zambian Youths

Stella Mutale Sata

Stella Mutale Sata

By Leonard M. Zulu

Leonard M Zulu

Leonard M Zulu

In Zambia, almost 75 per cent of the country’s population of 14 million people is below the age of 35 years, 45 per cent of the population is aged 14 years and below, 20.8 per cent between 15-24 years, 25 per cent between 15-35 years. According to the 2008 Labour Force Survey (LFS), 28 per cent of the economically active youth were unemployed – almost double the national average of 15 per cent. Compounded by the large number of underemployed youth and the high number of youth entering the labor market, current estimates show that over 300,000 young people enter the labor market each year.

As traditional job-for-life career paths become rare, youth entrepreneurship is regarded as an additional way of integrating youth into the labor market and overcoming poverty. Entrepreneurship and self-employment can be a source of new jobs and economic dynamism and can improve youth livelihoods and economic independence in developing countries.

Guy Kawasaki, founder of AllTop once said “Ideas are easy. Implementation is hard.” This is probably what “we” unemployed UNZA graduates suffer from. Yes I am a graduate too (graduated one of the top of my class even) and unemployed, class of 2014, BA with Merit in Development Studies with a minor in sociology. I know the adversities of the graduate, especially if you are ambitious.

Stella M Sata makes sense on an idealistic level. Formal employment is not always the answer, we need to think outside the box and realize that government can only go so far in as provision of employment is concerned.

It is true job creation is not the role of government alone, companies must work with the state and labour unions to boost employment and reduce inequality. The problem of rising inequality cannot simply be placed at the door of government, regardless of how you might feel about the general performance of government. However, the stark reality is that inequality will remain high until we campaign together for job creation. Without addressing inequality, the economy can get trapped in a cycle of weak investment, sluggish growth and increased social tension.

Entrepreneurship is the engine of economic growth and development. Youth entrepreneurship has a greater potential to aid the achievement of Millennium Development Goal 8, target 16 which aims at providing decent and productive work for youth. Provision of employment among the youth will save us from social exclusion.

Government needs to create an enabling environment for job creation that will help us the young people to have gainful employment either formal employment or entrepreneurial activities. By entrepreneurial activities here we mean proper businesses as opposed to the suggestions of this highly opinionated young lady who I believe does not have an idea of what it means to suffer for an education.

However, if I were to address Ms. Stella, I would say, you have always had it better than the average Zambian. You studied in the best schools (Malaysia) at the expense of our parent’s taxes, doors opened for you because of your name….and still they continue to open.

You do not know the feeling of having to constantly drop applications, get no feedback, or to be rejected because of lack of experience, everything has been handed to you on a silver platter, and thus you have the audacity to stand and tell the graduate who suffered 4-5 years cramming to go and sell tomatoes.

What worries me even more is that you think you have the monopoly of wisdom and always has anything to say about everything..eish!!! Sometimes silence is golden.

There are many constraints that youth entrepreneurs face in their endeavors. As young people we are more likely to face greater barriers than older age cohorts due to limited resources, life and work experience. Through support programmes such as access to credit, business incubators, entrepreneurship education and business training, mentorship programs and market linkages youth can acquire the needed capacities and assets that increase our chances of starting and operating our own businesses.

But away from that, fellow youths let us desist from being used as tools to propagate the selfish agendas of some of these politicians. They do not have our best interest at heart most of the times, they just want to use us as tools to further their agenda, whatever they pay us will probably be finished in a week and we go back to the streets.

And VINCENT CHAILE, stop misleading your fellow youths, how can you be marching that you are unemployed yet you drive, and own some shops in UNZA (allocated to yourself during your tenure as UNZASU President)?? story izibika!

Edgar Lungu Discerns On Ministry Of Finance And Mines On Mineral Royalty – “Its About Time!!”

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President Edgar Lungu has directed the Ministers of Finance and Mines and Minerals Development to effect changes to the 2015 mineral royalty tax by 8th April,2015.
In letters to the two Ministers today, President Lungu stated that after receiving submissions from individual mining companies and the Chamber of Mines, he has noted that the new tax regime poses a challenge to some mining houses.
President Lungu also noted that some mines are high-cost while others are low-cost operations.
He says the mining industry has affected by copper prices on the international market, and that it is clear that this unfavorable economic trend globally has been mainly on account of weak global demand for copper.
President Lungu has emphasized that government will always be amenable to progressive ideas that will assist in addressing challenges in the mining sector.
Among the options the president has asked the two ministers to consider as the effect changes to the mining tax regime are the status quo but negotiate interim fiscal arrangements for operations that are most affected on a case by case basis,identifying potential legal or regulatory modifications to the existing 2015 fiscal regime that could be readily passed and implemented, deter implementation of the 2015 fiscal regime and temporary reinstate the 2014 fiscal regime as a more amicable regime is negotiated.
President Lungu has also directed that the ministers should also use the current legislation and administrative procedures to ensure that mines that are facing severe challenges are assisted.
This is contained in a statement issued by the President’s special assistant for press and public relations Amos Chanda.
This is good move by the President because the impasse between Government and the Mine companies has caused some economics damages on the Country.
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