VEDANTA TAKES
OVER KONKOLA COPPER MINES: Vedanta Resources, India’s
largest refiner of copper, is to pay $48.2 million for a 51% stake
in KCM, with a funding guarantee of $220 million over the next
nine years, said Finance Minister Ngandu Magande at a signing
ceremony in Lusaka on 19 August. Anglo American, the world’s
second-largest mining company, abandoned Konkola in January 2002,
saying that prices were too low to justify expenditure beyond
the $384 million it had already spent; since when prices have
soared by about 80% making Konkola’s operations profitable.
London-based Vedanta, which is an arm of Sterlite Industries,
plans to cut costs and boost output. Its shares on the London
Stock Exchange have risen sharply. “Vedanta will help revive
the Copperbelt and the entire Zambian economy,” said President
Levy Mwanawasa. Most of Zambia’s nine million people lived
on less than a dollar a day, he added. (Mail, 23 Aug; other sources)
ZAMBIA TOURISM ON A ROLL: Zambia has been ranked
among the top 10 tourist destinations in the United Kingdom’s
Trends and Spends travel survey. That makes Zambian tourism’s
third award this year, following its scoop of the Best Overall
Stand at the Gateway Show in Cape Town in March and the Best Southern
African Stand at the Indaba, a travel spectacular held in Johannesburg
in May. Meanwhile the response to the Zambia National Tourist
Board’s Visit Zambia in 2005 campaign has included the French
Embassy’s appointment to the ZNTB of a translator to work
on brochures and the website content. A ZNTB television and radio
news flash reported that a group of 94 American doctors travelling
with Pollina Tours of New York were due in Livingstone shortly.
(Times, 27 July)
DR. LIVINGSTONE IS OURS, WE PRESUME: Zambia
is calling for Zimbabwe to hand over the life-size statue of Victorian
explorer David Livingstone, which has stood since the 1930s on
the Zimbabwe side of one of the seven wonders of the natural world.
As tourists have flocked in increasing numbers to Zambia, instead
of to strife-torn Zimbabwe, the town of Livingstone has boomed
and locals now want to embellish it with the bronze of the great
explorer whose heart is buried under an mpundu tree in Zambia.
Two years ago the statue was vandalised by thugs from the Mugabe
regime who saw it as a sign of colonialism. “We Zambians
have great affection for his memory and though we changed many
colonial names we kept the name of Livingstone, out of deep respect,
“said Siloka Mukuni, local chief of the Leya people. One
theory is that the bronze, sculpted in the 1930s by William Reid
Dick, was originally on Zambia’s side, but Zimbabweans deny
this. Meanwhile Zambia needs to get its hands on the statue before
next year’s 100th anniversary of the founding of the tourist
town, and the 150th anniversary of Livingstone’s first sighting
of the mighty Victoria Falls. (Daily Telegraph, 1 Aug)
NEW WILDLIFE SANCTUARY FOR LUSAKA: The Zambia
Wildlife Authority (ZAWA) and the Forestry Department plan to
turn two forest reserves into a wildlife sanctuary and recreational
park covering 17, 000 acres of the Miombo woodlands at Shantumbu,
15 kilometres south of Lusaka. This would prevent the encroachment
of agriculture, settlements, charcoal burning and mining –
all inimical to the sustainability of forests - and would “contribute
to economic development through tourism,” said Kennedy Kambeu,
principal forest officer for Lusaka Province. (Mail, 16 Aug)
COUP CAPTAIN DIES: Coup co-mastermind Captain
Jack Chiti, 50, died on 18 August from cancer. President Mwanawasa
had commuted his death sentence to imprisonment, suspended for
two years, and freed him on 27 June. Captain Chiti, originally
a schoolmaster, joined the army in 1982 and worked as an education
officer until the failed coup of 28 October 1997, when co-conspirator
Stephen Lungu, alias ‘Captain Solo’, broadcast from
a Lusaka radio station the intention to oust President Chiluba.
The 47 Zambia army rebels involved were captured later that day.
(Post, 19, 21 Aug)
COFFEE ON THE BOIL: The Coffee Board of Zambia
expects to generate about $10. 2 million from a projected yield
of 6, 800 tonnes of coffee this year, said CBZ inspector Sunday
Silongwe in an interview at the 78th Agricultural and Commercial
Show in Lusaka. There were currently 70 large-scale coffee growers
and 500 small-scale producers in Zambia, mainly in Luapula and
Northern provinces, he told reporters. (Mail, 2 Aug)
SUGAR EXPORTS RISE: Zambia Sugar plc expects
to earn $40 million from exports this year, thanks to a targeted
increase in production and an aggressive approach to regional
marketing, said head of corporate affairs Lovemore Sievu. “Had
it not been for restrictions in the international sugar trade,
especially with the EU, we could have earned over $100 million,”
he added. The EU is reorganising its policies on sugar imports,
and Mr. Sievu said he hoped the changes would not be deleterious
to Zambia’s struggling sugar industry. (Post, 27 July)
COPPER PRICE SURGES: On 15 August the price
of copper rose to its highest level since last April, closing
at $1.33 a pound, up 55 cents on the day, as the effect of a weak
US dollar flowed through into commodities other than gold. Renewed
interest in copper by investment funds is seen as the start of
a significant bull run in the price of the metal, as demand picks
up after the traditional August slowdown. (Miningnews.net, 16
Aug)
ZAMBEEF STEPS OUT: Zambeef products, the major
producer of beef, chicken, eggs and dairy products in Zambia has
just clinched a deal worth $55, 000 to export processed leather
to Tanzania via its subsidiary company, Zamshoe, and security
footwear to Malawi, the company’s PR manager Justo Kopulande
said at the 78th Agricultural and Commercial Show in Lusaka. ZP
had a standing target of 70, 000 hides a month, he told reporters.
(Mail, 3 Aug)
TOO POOR FOR DEMOCRACY, SAYS MINISTER: Local
government minister Sylvia Masebo told Parliament that local elections
would be postponed until 2006 to coincide with national and presidential
elections, because setting up polling stations and apparatus in
remote rural areas for local elections would cost about £45
million. “We cannot afford that luxury. The money would
be far better spent on roads and hospitals,” she said. (Zambian
press, The Daily Telegraph, 10 Aug)
UNZA LECTURERS STRIKE TO REMOVE VICE-CHANCELLOR:
Zambia’s lofty world of academia, otherwise known as the
University of Zambia Lecturers and Researchers Union ((UNZALU),
has gone on strike until the Vice-Chancellor Professor Robert
Serpell and his deputy Prof. Geoffrey Lungwangwa are removed from
office. Unzalu president Thomas Mabwe said the strike had been
precipitated by “a management style based on manipulative
behaviour, vindictiveness and dictatorial tendencies.” Matters
involved in the dispute included the reintroduction of professorial
allowances previously withdrawn, and two $5, 800 Toyota cars bought
for management. (Post, 19 Aug)
GOVERNMENT PRAISES LIONS CLUB: Lions International
Foundation is to build a $284, 000, 40-bed eye clinic in Kitwe,
while Kitwe Lions are funding eye projects at St. Francis Hospital,
Katete, youth minister George Chulamanda told a Lions’ dinner
at the Hotel Edinburgh. Celebrating district governor Muti Beyani’s
installation, he urged Zambians to join the Lions. Retiring governor
Maureen Hight said Zambia’s national membership had risen
to 1, 939. (Times, 27 July)
WEDDING CHICKEN SCANDAL: Kitwe deputy mayor
Tom Lungu has been indefinitely suspended by the MMD for diverting
to his own wedding feast 500 chickens worth K9 million that had
been given to MMD district offices by First Lady Maureen Mwanawasa,
to kick-start a fund-raising business venture. Mrs. Mwanawasa
attended the wedding feast. It also appears that Lungu failed
to pay his K1.6 million honeymoon bill at Kumasamba Lodge, and
owed K800, 000 to Jubilee Lodge in Kitwe for his wife’s
kitchen party, at which diverted chickens also featured. (Post,
9 Aug)
EXCHANGE RATE, 23 August 2004: £1 = ZMK
8,464.60
Zambia High Commissioner Anderson Chibwa and around 50 Zambia
Society Trust members and friends attended a lunch party given
at the High Commission in London by Trust president Vic Godfrey,
to celebrate 50 years since he began his service to Zambia, in
Lusaka on 29 July 1954. The High Commissioner and Trust vice-president
Geoffrey de Mornay Davies paid tribute to Mr. Godfrey, 87, who
established the Zambia National Provident Fund and whom President
Kaunda made a grand officer of the Order of Distinguished Service.
In 1996, the new ZNPF office complex in Lusaka was named Godfrey
House. Apart from his work in the realms of social welfare and
urban outreach, Vic gave much time to the scouting movement. From
1975, in London, he helped set up Zimco House and establish ZAL
Holdings. He is a founder member of the Trust.
Zambia Society Trust member Ann Leslie, who is training like
mad for the Flora Lite Challenge in Hyde Park on Sunday 5 September
and so far has raised more than £430 for our orphans, has
urged members to join her family and friends in the park at about
11.15 a.m. that day, to watch the finish and join in the fun.
“Meet us in zone Z, which will be clearly marked and is
near the Hyde Park Tube Station side of the park,” she says.
Ann, 50, is the daughter of the late Drs. Richard and Kay Carruthers
and grew up in Lusaka. Send last-minute sponsorship cheques made
out to the Zambia Society Trust, to Mrs. Ann Leslie, 7, Holmes
Road, Earley, Reading, Berks, RG6 7BH; telephone 01189261788;
email: ann.leslie1@btopenworld.com
Correspondence and Membership
queries:
Jo Herkes
Honorary Secretary
Zambia Society and Trust
4, Ashurst Way, East Preston, Littlehampton BN16 1AG
Tel: 01903 783 765
Fax: 01903 785 977