Daily Nation Newspaper

VEDANTA LACKS MINING KNOWHOW – FORMER MINISTER

- By AARON CHIYANZO

EN G A GING Vedanta Resources to run world class copper mines in Zambia was because they did not have the knowledge or experience and simply wanted to make money at the expense of locals, former Deputy Minister of Communicat­ions and Transport, Alfred Ndhlovu, has said.

Mr Ndhlovu said it would also be unwise for Zambia and its leadership to allow Vedanta to run any mine in the country again.

He advised that Zambia should find credible investors for its mines in Kimberly, South Africa or Tel Aviv-Jaffa in Israel.

Mr Ndhlovu reiterated that Vedanta could not be trusted as it did not want Zambia to earn any money from its operations.

“The rise of Vedanta shocked me very seriously indeed. It was an unknown mining house and a doubtful investment quantity. They did not have knowledge nor experience to run world class copper mines in Zambia. They just came to loot,” he said.

Mr Ndhlovu observed Zambian mines were huge, only competing with Chile and the Congo DR, saying only Israel could provide a mining house which could run the mines in Zambia to the greater expectatio­ns of the people.

He emphasised that Vedanta must leave Zambia for good and be made to pay back all the money they allegedly externaliz­ed.

Mr Ndhlovu reiterated that the copper mines formed the major part of the wealth of Zambia.

Meanwhile, Mr Ndhlovu advised against nationalis­ing the mines, saying that it was the biggest mistake the UNIP government had made at the time. “Soon after independen­ce in 1968, Harry Openheimme­r flew from Kimberly to Chingola to meet President Kenneth Kaunda to discuss ownership of the mines,” he said.

“Harry Openheimme­r asked Dr Kaunda to allow him, through the AAC Ltd, to continue ownership of the mines to be in private (his) hands so that he could help the young nation raise sufficient revenue in taxation for the UNIP Administra­tion to afford free education and medical facilities, including the dilapidate­d infrastruc­ture. Unfortunat­ely for Harry Openheimme­r, his good intentions were, perhaps, misunderst­ood,” he said.

Soon after independen­ce in 1968, Harry Openheimme­r flew from Kimberly to Chingola to meet President Kenneth Kaunda in order to discuss ownership of the mines,” — Mr Ndhlovu.

Newspapers in English

Newspapers from Zambia