MINISTER of Infrastructure, Housing, and Urban Development Charles Milupi says the Government’s desire is to deliver all commercially viable infrastructure and Energy projects, and public services through Public Private Partnerships (PPP).
Speaking during the 4th Ordinary Session of the Specialised Technical Committee on Transport, Transcontinental and Interregional Infrastructure and Energy in Zanzibar, Tanzania, Mr Milupi said Government was leveraging partnerships with the private sector to reduce fiscal pressure and instead using the savings on projects of economic importance which are not commercially viable to attract private investment.
He said President Hakainde Hichilema, a proponent of PPPs, believes that engaging the private sector was a smart and sure way of delivering infrastructure projects owing to the efficiency and capacity to deliver projects on time.
Mr Milupi said despite the Government having inherited a huge debt burden from the previous Government, the Government has embarked on the construction and rehabilitation of some public roads and bridges using the Public Private Partnership financing model.
He cited the Chingola –Chililbombwe Road and the Lusaka Ndola dual carriage way as some major roads being done under PPP.
And in the Energy sector, the Minister said Zambia had implemented four projects using the Public Private Partnership model reiterating that the sector is attracting billions of dollars’ worth of investment.
The Minister reaffirmed Zambia’s Commitment to strengthening ties with neighboring countries in the delivery of quality infrastructure projects with a view to integrating the continent.
And The United Nations Economic Commission for Africa-UNECA – commended Zambia for being among the six countries in Africa that are successfully spearheading the initiative for Public Private Partnership in Infrastructure development.
United Nations Economic Commission for Africa- Chief Energy, Infrastructure and Services section of the Private Sector Development and Finance Division, Mr. Robert Lisinge commended Zambian for taking the lead and ensuring that infrastructure development is not left entirely in the hands of the Government.
According to First Secretary for Press and Tourism at the Zambian Embassy in Addis Ababa, Ethiopia, Inutu Mwanza, the African Union Commissioner for Infrastructure and Energy Dr Amani Abou-Zeid urged Member states to support the Continental Programme for Infrastructure Development-PIDA- in Africa that promotes the development of priority regional and continental infrastructure in transport, energy, transboundary water, and ICT.
“The 4th Ordinary session was held under the theme Accelerating Infrastructure to deliver on Agenda 2063 Aspirations,” she said.
(Mwebantu, Monday, 18th September, 2023)
MultiChoice launches GOtv Stream in Zambia. A new way to experience the best of sports and entertainment!
NO stranger to bringing entertainment into homes across the nation, MultiChoice is expanding its online offering, by introducing GOtv Stream to GOtv customers across Zambia.
“It is no secret that more and more people are leaning toward streaming services to experience uninterrupted entertainment that’s uninhibited by infomercials and ads. GOtv Stream is just another way MultiChoice Zambia is continuing our trend of upward innovation, as we strive to evolve with our audiences and their viewing needs.”, says Leah Kooma, Managing Director, MultiChoice Zambia
MultiChoice and DStv have already made their presence in the digital space with their online platform – DStv Stream, and now GOtv customers can enjoy the same user-friendly, and personalized streaming at their fingertips. The new feature allows viewers to seamlessly watch their favourite programmes and other content on electronic devices, keeping them connected at any time and from anywhere.
Ms Kooma reiterates that, “You may recall, GOtv was officially launched in Zambia on 5th September 2011, and now with the introduction of GOtv Stream customers will enjoy a great online service. What drives innovation for us, is providing our customers with the content they love, in the way that best suits them. As the home of the best sports and entertainment we will continue to deliver unrivalled value and choice for our customers”.
She adds: “GOtv Stream is an online service that will allow all GOtv customers take a subscription and enjoy our content anywhere and at any time. The launch of GOtv will allow us to expand our online offering and bring more great entertainment closure to the customers”.
Some of the functionality available are; Live TV, TV guide, CatchUp, use on up to four devices, downloading content to devices, and Live Chat. All paid up GOtv customers, with an internet connection can download and use GOtv Stream for free – available on Google Play Store or the Apple App Store.
(Mwebantu, Saturday, 2nd December, 2023)
Government secures an equity partner for Mopani Copper Mines
FOLLOWING the ongoing negotiations to revamp operations at Mopani Copper Mines on the Copperbelt, Government has finally secured an equity partner.
The Equity partner being International Resources Holdings (IRH) an affiliate of Abu Dhabi Conglomerate International holding was selected after an extensive process.
The process was undertaken by ZCCM-IH, together with Rose Child and Company, a company based in South Africa.
In carrying out the process of revamping the mine, which started last year in June, the process focussed on assessing Mopani’s balance sheet due to high level indebtedness and also finding a suitable partner for sustainable development.
Announcing the development, Mines and Minerals Development Minister Paul Kabuswe said the selection of an equity partner will help restore life back into Mopani.
“I wish to announce and I am so glad and exited to announce that after extensive and thorough process, Government through the directors of ZCCM-IH have appointed a strategic equity partner for Mopani. The preferred partner selected is International Resource Holding Limited an affiliate of Abu Dhabi Conglomerate International holding company,” he said.
He said the partner selected is expected to inject funds into Mopani to stabilise short term work requirements, completion of the mine projects and unlock its potential.
Mr Kabuswe also stated that the equity partner will also reset the existing relationship with Glencore.
He further added that other details of the development at Mopani will be announced in due course when signing of the deal is being made.
(Mwebantu, Friday, 1st December, 2023)
Over 30 people trapped after a mine accident in Chingola
MORE than 30 people are believed to be trapped in an open pit mine in Chingola district on the Copperbelt after a mining accident.
Minister of Home Affairs and Internal Security Jack Mwiimbu said the affected are trapped as a result of earth collapsing and has since asked the nation at large to put the affected in prayer.
Mr Mwiimbu speaking in Parliament said more than 30 people are trapped and the rescue team is on site
“May I just inform the nation that we have a tragedy that is brewing in Chingola where a number of our people have been affected by a collapse of the open pit in Chingola. We have more than 30 people under the rubble and we are struggling to retrieve them. We would like to ask all of us to put our citizens in prayer,” he said.
(Mwebantu, Friday, 1st December, 2023)