23/05/2024
PRESS STATEMENT ON KONKOLA COPPER MINES FOR IMMEDIATE RELEASE.
ISSUED BY: KANGWA K KAMANDO
VICE YOUTH CHAIRPERSON INCHARGE OF POLITICS.
Kitwe 23.05. 2024
Allow me to bring to the fore the enemies of our Country in this case being the entire opposition in the Country have been revealed as enemies of their own Country.
Konkola Copper Mines announced that will be creditors who are owe below $1million tomorrow and those above that threshold on the 30th of May. Let me take this opportunity to thank His Excellency the President of the Republic of Zambia for his leadership and His Minister of Mines for not changing goal posts when it came to matters relating to KCM.
After the creditor scheme if arrangements is completed Vedanta will release $240 million for local contractors and suppliers, $20 million for CSR for Chililabombwe, Chingola, Kitwe and Nampundwe.
Vedanta in the same breath will introduce a salary increment of 20 percent for all workers and a 2500 once off payment across the board.
Now one would wonder why people that are aspiring to lead this nation including the unscrupulous politicians who r***d the asset and made it a cash cow are standing on anthills and watering down this great achievement and milestone not for UPND but for the Nation.
Let me urge people like Emmanuel Mwamba, Fred M’membe and Edith Nawakwi to keep quiet and let government fulfill its promises and Mandate.
I want to remind the Country that when FDD leader was Minister of Finance she sold Mopani to Glencore with a shareholding structure that left the nation with only 10 percent in Mopani.
President Hichilema and his Minister have worked beyond expectations of most and that is the reason why Zambians should give them their votes in 2026.