UPND Alliance spokesperson nabbed
6 By BUUMBA CHIMBULU ABOUT $250, 000 has been …EAZ sees increased revenue invested in setting up a laboratory that will establish gold content in ore which will be bought from artisanal and small scale gold miners Zambia.
UPND Alliance spokesperson, Leslie Chikuse has been arrested at Woodlands police for allegedly obtaining money by false pretences.
Mr Chikuse is also alleged to have sold property to more than three people. It is alleged that Mr Chikuse, who is also Republican Progressive Party (RPP) president fraudulently obtained money from some Indians and Zambians whose names have been withheld.
Police spokesperson, Esther Katongo, confirmed the arrest of Mr Chikuse who was detained at Woodlands police station to the Daily
Nation yesterday.
“Mr Leslie Chikuse has been arrested by police for the offence of obtaining money by false pretences.
“This was after a complainant in this matter reported to police that he bought land from the accused person to which he paid part payment but it later came to his attention that the same piece of land had been sold to another person,” Ms Katongo said.
THE
current increase in copper prices will cushion the impact that Covid-19 has posed on the economy as Government will collect more revenue through taxes.
Last month, the most-traded March copper contract on the Shanghai Futures Exchange gained as much as 4.7 percent to US$9,747.29 a tonne, a level not seen since September 2011.
This week, a tonne of copper is trading around US$9,077.
This development will cushion the impact that Covid-19 on the economy because Government will collect more taxes, says Ecoen on supporting the mining
ZCCM-IH has set up the laboratory in partnership nomics Association with Karma of Mining ZamServices industry worthwhile,” she and bia Rural (EAZ) Development Deputy National Limited in said in an interview. Consolidated Secretary, Rita Gold Mkandawire. Company. Ms Mkandawire explained
Chief Ms Mkandawire Executive Officer, said Mabvuto the that one of the reason the Chipata, copper explained boom would that the purpose ulticopper of price was increasing the mately joint venture increase was to the develop fora gold was helped by stronger orprocessing eign reserves and trading which operation were at in der flows, indicating that the
Zambia. US$1.2 billion as at end of global economy was recovremain strong this year. The December Mr Chipata last said year. the investment was ering fast. metals monthly copper inin line “This with is one great of ZCCM-IH’s news strategic for She said the rise copper dex increased for the fourth objectives Zambia because of value creation of the poswhich was prices was being led by firm consecutive month, rising to itive diversify effect its it investments will have on away the from demand, especially from by 1.1 percent as copper copper economy to other as the minerals government such as gold china, the world’s largest demand
“As Karma is Mining likely Services to remain and Rural Development, our
and other precious metals. will collect more revenue consumer of commodities. strong expertise this is year in gold 2021. processing, but we are mostly working
He said this during the laboratory through taxes and will inMs Mkandawire however “In with as artisanal much and as there small scale could gold miners.’’
media tour in Lusaka yesterday. crease government reserves. acknowledged that the con
“This is also in line with Government’s be restrictions in terms of exclassification “Covid-19 of impact gold as a on strategic the sequence of the variability ports from certain countries
ore that would be received from various resource Zambian for Zambia,” economy he said. (espeof the copper miners, price who would was that get a fair that share have and been demanding cially Consolidated our revenue Gold Company collecChief export earnings value for and their Governmaterial. copper from ourselves, the Executive tion) will Officer, be cushioned Faisal Keer, by explained ment tax revenues “As Karma from Mining the Services increase and Rural in price is going to that the the current laboratory increase would in be copable to industry Development, fluctuate considerour expertise cushion is in gold how much we colprocess per prices, about making 30 samples the direcper day. ably. processing, but we are mostly lect working from these exports,” Ms tion Mr Keer the government said the laboratory has takwas critical “The demand with artisanal is likely and small to scale Mkandawire gold said.
to determine the gold accurately in the miners.