COPPER PRICES SHOOT UP
This is according to the Federation of Small- Scale Mining Associated of Zambia (FSSMAZ) president, Joseph Mwansa.
Pastor Mwansa regretted that it was unfortunate that Zambia in most cases prioritised foreign investors over the locals.
He was reacting to the US$2.5 million partnership between ZCCM IH and Sudanese company Karma Investment for gold processing investment.
“What expertise will they bring which Zambia doesn’t have? Some qualified and experienced Zambians are working in Lumwana refinery.
“Which school did they go to where Zambians can’t go and learn? Do we need foreign expertise for gold mining in Zambia?” has started
Pastor Mwansa wondered in a statement. discussions with an
He said it was time Government created Association of German
policies that encouraged indigenous citizens businesses to restore the
to participate in big projects to develop their economy through support
nation. towards the fight against
Pastor Mwansa wondered how Zambians Covid-19.
would assist Government in building the The discussions, which
economy when they were not being given an are being done through
opportunity to invest in meaningful projects the Zambian Embassy in
such as the gold refinery plant. ZDA is not in any part- Germany and Africa-Verein,
He explained that Government could create nership with an organisa- an association of German
and offer shares through the stock exchange tion called ‘BACC’ in offering businesses, would focus on
and allow Zambian companies and individuals business grants to entrepre- how association members
to invest in the gold business through ZCCM- neurs, warns acting Manager could help Zambia with
IH. Communications and Public medical supplies needed to
“We always talk about Zambians building Relations, Kabwe Phiri.
Bank Zambia. US$5,470 a tonne on Tuesday, but gained fight the pandemic.
Ms Phiri regretted that some the Ambassador economy. to But how do we build the
Absa however indicated in the market nearly 26 percent since the 2020 bottom Zambia’s hit unscrupulous people were try- Germany, Anthony economy Mukwita, when Zambians are not given an COPPER prices rose to their highest report that the gains were stopped by on March 19,” Absa said. ing to swindle entrepreneurs organisation called ‘BACC’,” “The Agency condemns expressed confidence opportunity that to the invest in the Gold refinery plant? in nearly three months yesterday as investor worries over the deepening On Monday, Copper prices rose as US purporting to be ZDA. she said in a statement yester- in the strongest terms such German business “We as are could appealing to His excellence Edgar stronger manufacturing data from top US-China rift. “The most-traded July President, Donald Trump’s response to
“ZDA has noted with dis- day. heartless acts of intent to complement Chagwa Government Lungu to with draw the contract or consumer China and the loosening of copper contract on the Shanghai Futures China’s security legislation on Hong Kong pleasure an advert going Ms Phiri warned the mem- swindle unsuspecting entre- efforts in at partnership,” restoring the he said. lockdowns imposed to contain Covid-19 Exchange (ShFE) rose 0.9 percent to was not as severe as the market had around social media pur- bers of public to be wary of preneurs and the general pub- economy. Pastor Mwansa said: “We can learn from fuelled expectations of healthier 44,660 Yuan (US$6,274.94) a tonne. expected. Mr Trump on Friday ordered porting that the Agency is such offers and seek confirma- lic money and therefore urges Mr Mukwita Mopani was hopeful how they are treating us and avoid the demand. “Earlier in the session, the contract hit the elimination of special US treatment for disbursing funds in form of a tion with the ZDA or other le- the general public to take heed that Africa-Verein past mistake. could help Are you telling us that there are
Prices for the red metal rose to their its highest since March 6 of 44,800 Yuan. Hong Kong but did not mention any action grant in partnership with the gitimate Government institu- of this warning as the Agency mobilize the no much-needed Zambians with money? This is a dangerous highest as demand in top metals consumer Three-month copper on the London Metal that would undermine the U.S.-China Phase
Ministry of Commerce, Trade tions before they could apply will not be held responsible for material to protect complex.” Zambia’s
China continued to recover, says Absa Exchange (LME) eased 0.3 percent to one trade deal. and Industry, USAID and an or make any payments. any loss of money,” she said.
BUUMBA CHIMBULU THE Zambia Development Agency (ZDA) has cautioned entrepre- neurs that it is not disburs- ing any business grants to Micro, Small and Medium Enterprises (MSMEs).
THERE have been very it few is true
truly iconic Zambian products
that in these
that have put Zambia on the
COVID- 19
continental or global map.
times, hy-
Like Samsung for South
giene, particularly in form of
Korea. Maybe Mosi fits the washing bill for us, of even hands, though is one it is of the not produced most effective by a Zambian means of preventing business, and the we spread may of the coronavirus, actually not own this the cannot brand! be readily But that done is a story everywhere, for another like upon time. Perhaps entering another a form product of pub-
we could consider is Boom?
lic transport.
What about the “Kalingalinga”
Hand sanitiser should be
hand wash system that was
portable solution for hand
featured a few weeks ago?
hygiene. But soon upon the
If it had not been an iconic unfolding Zambian product of the before coronavirus now, pandemic COVID-19 may in the have region, certainly the disruptions made it into that one. But followed this re- sulted small number in the cost of potentially of this prod- uct iconic shooting Zambian up products so high as is to render not to say it unaffordable that there have to most
been no efforts or product
commuters on public trans-
development initiatives that
port. This called for urgent and
could add products to the list.
immediate measures to con-
For instance, a hair product tribute made from to stabilising an oil from the a nut supply and of a therefore tree growing the wildly price in of hand sanitiser. Western and This Southern is where Zambia the col- laboration (mungongo) of is one some product members that of demonstrated the Zambia such Association potential. of Manufacturers Alas, it fizzled out came before in. it was effectively established.
What contributed to the sup-
Another one is the multi-grain
ply of hand sanitiser not meet-
breakfast cereal that was made
demand was the fact that
from maize, rice and soya.
of the three sources of ethanol,
Apparently, its properties were one such of that the the major currently ingredients claimed in hand healthiest sanitiser, breakfast two cereal were not available on the global either market due did to not inputs being compare out with of season this Zambian or imports being cereal. disrupted Sadly, it also by suffered COVID-19 containment the same fate as measures the hair in
product.
neighbouring countries. This only left molasses as the source
BUUMBA CHIMBULU ZAMBIA
We should then naturally ask why it could one of the most renowned international endeavours, resources were not only be that products with such tremendous personalities who has very beautiful hair has limited, but the pioneering gentleman faced promise for the country end up petering been known to be using mungongo oil for unsurmountable barriers to access them. out before they are fully established. There her hair. So, it should go without saying that Thirdly, there was no “leniency” or “special are probably different reasons for different the product development to manufacture arrangement” with the retailers to support products. The mungongo-based hair and package this product such that women a fledgling new initiative or start-up. All hand product sanitiser is a case that in point. we have Anecdotally, all sanitiser without could effortlessly any charge. and readily fight use against it in their COVID-19, these but are issues in the for which country. there While needs before to seen product on had the a market. lot going But for etha- it. The women The challenge hair was should compound- have easily turned also in it the into an fact that the be effective ZAM institutional the lockdown arrangements of some for coun- nol in the can regions be produced where the from tree mo- is indigenous ed by the fact iconic that Zambian the 210 product. litre members, And if the amount usually known supporting for efforts tries that due maybe to the someday coronavirus lasses. have been using the product for hair containers since of initially expense, donated time and attention their feisty the women engagements could with produce pandemic another truly some iconic ethanol Zambian was
time immemorial. Ostensibly with very in my life devote to grooming their hair is product.
But making ethanol from by ZamBeef Plc and Zambia government regarding mat- imported into the country, the
impressive results. Only that to be able to anything to go by, that is not a farfetched As for the breakfast cereal, for a country
molasses presented some lo- Breweries Plc were not suit- ters that affect their members, thrust by the ZAM members
use the mungongo product on hair the notion. whose people are used to having most
gistical challenges. able for delivering molasses to like over the GST, have now may ensure that going for-
village setting required boiling the very It unsurprisingly follows from the above fine things in life imported, the notion of hard While nut for Zambia many hours Sugar to extract Plc the Surya. oil. What that was not required having this were hair product come together on the to work a Zambian with cereal ward, is the one country that is not is only self-suffi- donated This process 150 made tons of feasibility the mate- of using specialised the shelves tankers of to major trans- retailers government has got to be to contribute alien, but to when cient sitting in this next product, to imported over and rial product as part very of limited, the collaborat- especially for women port the molasses. the case of ZamBeef a characteristic addressing failure of the challenges cereals of on retailer above shelves, stabilising will most the likely supply ing in urban efforts areas. by ZAM But it would members appear and most Lafarge new came product to the development. rescue COVID-19 And many in the country. be challenged chain more during by our these attitudes COVID-19 than to women contribute in the urban to normalising areas are very familiar by donating challenges tankers to contributed trans- to this. The Firstly, ZAM COVID-19 the quality and times. nutritional value of the the with supply the properties of hand of mungongo sanitisers, oil port on hair the molasses. the whole effort of undertaking Response product Team, headed local by product. the This And is a while very important before the transporting because allegedly the when molasses the product was Thus, Surya development was able and pro- commercialising ZAM president, the Mr consideration Ezekiel COVID-19 to take into account pandemic because Surya
once stocked in one of the major retailers, mungongo hair product was a lone hard as policy makers and manufacturers
from Mazabuka to outside duce bulk hand sanitiser and Sekele, has mobilised its mem- was operating below capac-
it out-sold some of already established man effort using household appliances. may try to substitute imports locally
Chisamba where the ethanol other members, ZamBrew, bers to come together to con- ity, working with Tandem
hair products on the shelves. Why, Secondly, as is the case in most of such made products, if the attitudes of people
was to be produced proved a Coca Cola Bottlers, etc offered tribute to government efforts Consulting, it has now put in challenge. This is despite the bottle and label the hand to fight the coronavirus. place measures to ensure the
are that imported goods are
pushing to also expand the
better than local ones, the
production of ethanol from
import substitution strategy will cassava have limited so that success. in so doing, But it that will is bring another on topic board for the another bigger time. constituency Let’s get back of cassava to the farm- Zambian ers into the breakfast ethanol cereal. production The major value challenge chain. The this product food grade faced ethanol was that that will it was be not produced the primary focus of its producers
in sufficient quantities will en-
and it did not have behind it the
sure that all producers of spir-
kind of marketing muscle that
it-based alcohol in the country
international brands devote to
would not have to import the
their cereals. product To conclude, going forward. it should be heartening The other that we major don’t develop- have to ment look that from hard making to uncover the hand great sanitiser innovative from product molasses ideas is all undertaken the other co-products in Zambia which that can hold be produced the promise in of becoming the process.
national icons. However, what
Two of the co-products from
ought to be disheartening is that
the molasses to ethanol process
the efforts to establish these
are liquid fertiliser and animal
fledgling products amount to nothing. feed. Carbon If there dioxide is a plethora is also an- of other such co-product failures, this produced should in naturally the process point and to the this fact could that be there used are in manufacturing deficiencies in our of car- economic bonated drinks setup as far well as as giving green support house applications. to such initiatives is concerned. Full capacity To be clear, production this is not only about establishing
of the ethanol from molas-
iconic Zambian products. It
ses could indeed bring on
is also that the call to replace
market a number of products
imported products with locally produced that could ones lead will to yield cessation of limited importation results of if there some are items. no For mechanisms Surya itself, and a systems by-product in of place the production to support innovative process is new gas product which is initiatives, used for over energy and in the above plant, failing thus cutting to take advantage back on the of use readily of fossil available fuels for externalities its energy.
to communities that may
The tragedy that the
currently be excluded from the
COVID-19 pandemic has
economic system.
wreaked on the economies and fortunes of our economy, and