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2,500 miners to lose their jobs at Kansanshi Mine and Sentinel Mine

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FIRST Quantum Minerals (FQM) has announced that some 2,500 miners will lose their jobs, with layoffs starting next month, due to the proposed new mining tax regime.

FQM’s lay-offs will affect 1,250 direct employees at the company’s Kansanshi Mine in Solwezi and a further 1,250 at its Sentinel Mine at Kalumbila.  Both local and expatriate staff across all departments will be impacted and employees will receive redundancy pay in line with statutory requirements.

FQM says the difficult and sad decision to make lay-offs originates from the government’s 2019 Budget, which includes an additional 1.5 percentage point increase on all mineral royalty tax bands, and an additional two royalty bands of 8.5 and 10 percent when the copper price exceeds US$7,500 and US$9000 per tonne respectively. Critically, mineral royalties will cease to  be deductible from corporate income tax; a measure not seen in other copper mining jurisdictions.

Other measures include the introduction of a yet to be quantified sales tax to replace VAT, meaning companies cannot reclaim tax on input purchases.  It is thought this measure will be most damaging to local Zambian mine suppliers.

In 2017, First Quantum produced 573,963 tonnes of copper, 199,736 ounces of gold and 17,837 tonnes of nickel. In Zambia it operates the Kansanshi mine – the largest copper mine in Africa – and smelter and the Sentinel mine in Kalumbila.

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Zambia Revenue Authority (ZRA) intercepts four trucks carrying assorted lotions worth over K1.7 million

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ZRA Corporate Communications Manager Topsy Sikalinda says the authority has seized 7, 030 x 50 Kg bags of maize, and 3,645 x 25 Kg of mealie meal which was smuggled in Chingola, Chipata, Chirundu, and Kasumbalesa.

And Sikalinda says the authority has also intercepted four (04) of assorted lotions worth over K1.7 million.

In a statement, Sikalinda said the consignments were declared at Chanida Border as cleaning materials by using an additional procedure code for Chipata General Hospital in order to enjoy an exemption from taxes.

He said alert ZRA officers intercepted the consignments in Katete and inspected the trucks.

Sikalinda said during the inspection, officers found that the trucks were loaded with assorted body lotions contrary to what was declared as cleaning materials for the hospital.

“Investigations have revealed that this is a pure case of smuggling through False Declaration, False Representation, Misclassifications, Document falsification and abuse of a Taxpayer Identification Number (TPIN) contrary to the customs and excise Act Cap 322 of the Laws of Zambia,” Sikalinda said.

Meanwhile, Sikalinda said ZRA has further seized 1044 x 50 Kgs of Maize Bran, and 261 x 20 litres of Cooking oil, and another 1,176 x 6 x 2 litres of cooking oil which was smuggled through various border points.

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UNZA Deputy Vice Chancellor Dr. Tamala Kambikambi appointed to the Board of the Zambia Qualifications Authority (ZAQA) for a period of three (3) years

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HIGHER Education Minister Dr Brian Mushimba has appointed University of Zambia (UNZA) Deputy Vice Chancellor Dr Tamala Kambikambi as Board member of the Zambia Qualifications Authority (ZAQA) Management Board.

Dr Kambikambi will join a group of other distinguished and eminent Zambians to provide strategic direction to the qualifications authority as Board member.

In a letter of appointment, the minister stated that Dr Kambikambi will serve for a tenure period of three years in accordance with the provisions of the Zambia Qualifications Authority (ZAQA) Act number 201.

This is according to a statement issued by UNZA Acting Head of Public Relations Dr Brenda Bukowa.

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Liquid Telecom Zambia to sponsor the ICT award category at this year’s PUSH Women Awards

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THE PUSH Women Network is pleased to announce that Liquid Telecom Zambia is a sponsor of the ICT award category at this year’s PUSH Women Awards. This is the second consecutive year that Liquid has supported The PUSH Women Network’s platform created to celebrate women who are defying the odds. Their continued support is testament of the company’s determination to rally behind the call for gender equity and equality as well as their resolve to support leading women who are achieving excellence in their respective fields.

Speaking when he met PUSH Executive Director Colonel Mwizukanji Namwawa and the Network Board Secretary Mutumu Nzala Mwape, Liquid Chief Executive Officer, Mark Townsend Said “Liquid Telecom is committed to elevating and highlighting women and more specifically the various roles they hold in the ICT sector. We are therefore proud to sponsor the ICT award at this year’s PUSH Women Awards because women in this field serve as role models for young girls who are considering a future in ICT and prove that women are capable of anything. Some of these women form key parts of Liquid Telecom Zambia’s operations, from Supply Chain Management to Enterprise and Legal to Customer Care. It is therefore a pleasure to be part of this progressive initiative.”

The PUSH Women Awards are the gold standard of award ceremonies in the country and showcase a premium class, signature styled event akin to no other. The PUSH Women Network is therefore pleased to have the support of corporate partners like Liquid Telecom Zambia in staging this occasion .

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Meet the Farmes Summit 2020

ZAMBIA: COVID-19 STATS

12 Aug 2020, 12:35 PM (GMT)

Zambia Stats

8,275 Total Cases
241 Deaths
7,004 Recovered

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