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Daily Nation > Blog > Local News > AFRINET wants Vedanta to expedite resumption of production at KCM
Local News

AFRINET wants Vedanta to expedite resumption of production at KCM

Nation Editor
Last updated: July 26, 2023 10:14 am
Nation Editor
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By NATION REPORTER

THE Inter-Africa Governance Network (AFRINET) has reiterated its call to government, Vedanta Resources Limited and stakeholders to collaborate in expediting the return to full fledged production at Konkola Copper Mines once the out of court settlement is reached this month end. 

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AFRINET Executive Director Maurice Malambo said this will also facilitate capital injection of US$1 billion, an annual US$20 million worth of Corporate Social Responsibility and sustaining of hundreds of direct jobs as committed to by Vedanta Resources Limited. 

Mr. Malambo said by doing so, the current economic situation on the Copperbelt Province will be eased up to a bearable level. 

Mr Malambo is also urging the Patriotic Front to continue providing alternatives, checks and balances to the current administration without malice and hypocrisy.

“AFRINET has and will not shy away from the responsibility of putting the record straight and correctly informing the general citizenry without political alignment of any nature. As such, AFRINET is extremely taken aback at the level of misinformation of the public by some Patriotic Front parliamentarians in the recent past as accounted,” he said.

Mr Malambo said on Friday, July 21, 2023, some PF MPs held a press briefing at Parliament, of concern were remarks by Mr Golden Mwila, MP for Mufulira Constituency who stated that the out of Court settlement of the KCM standoff had dragged, although his main interest was not the eagerly awaited settlement, but how the settlement would be beneficial to the province, contractors and suppliers, an insinuation that the whole process was void of national interest. 

He also said on Friday July 21, 2023, Lunte MP Mutotwe Kafwaya, featuring on Millennium TV’s Night Live programme, declared his opposition to the return of KCM to Vedanta Resources Limited and argued that the takeover of the mine investment by the previous government of the Patriotic Front and the subsequent placing of the mine under liquidation at the supervision of Mr Milingo Lungu clearly demonstrated that Zambians can run the mines because under him, the mine ran effectively and profitably. 

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