1. Home
  2. >
  3. The Privatisetion Of The Parastatal Mining Panies In Zambia
Active Lime Production Line

The Privatisetion Of The Parastatal Mining Panies In Zambia

By Enoch Lusoke Economist Highvie Hamududu has backed calls for a partial privatization of all loss making parastatal companies under the industrial development corporation IDCfor recapitalization and to save them from total collapse Last week the policy monitoring and research center PMRC proposed that the government evaluates all underperforming stateowned parastatals under the

Get A Quote
  • Privatisation And Its Impact On Human Rights

    Privatisation And Its Impact On Human Rights

    Chapter 4 privatization of the zambia mining industry the case of the zccm 41 introduction54 42 reasons for privati sing the zccm55 43 role of the international monetary fund imf and the world bank in the privatisation of the zccm59

    Read More
  • How Lawyers Led By Silwamba Have Infiltrated Parastatals

    How Lawyers Led By Silwamba Have Infiltrated Parastatals

    Jun 20 2020nbsp018332how lawyers led by eric silwamba have infiltrated and taken over government parastatals eric silwamba high priest of the cartel and chairman of the biggest parastatal in zambia zccmih bonaventure mutale lawyer and former attorney general chairperson for zambia airways not yet functional but salaries and allowances are being paid milingo lungo

    Read More
  • Special Commentary On Privatization

    Special Commentary On Privatization

    Dec 27 2018nbsp018332privatization preamble the economic sabotage against zambia that was caused by the privatization that occurred in 90s left many zambians especially those that worked in the mines deprived and financially incapacitated until today zambias economy has not been spared the country still grapples with persistent poverty among the people and continues to lose its autonomy

    Read More
  • The Merits And Demerits Of Privatization Of Zambian Mines

    The Merits And Demerits Of Privatization Of Zambian Mines

    The merits and demerits of privatization of zambian mines and companies products as a leading global manufacturer of crushing grinding and mining equipments we offer advanced reasonable solutions for any sizereduction requirements including the merits and demerits of privatization of zambian mines and companies quarry aggregate and different kinds of minerals

    Read More
  • Pmrc Analysis December 2018

    Pmrc Analysis December 2018

    Included two parastatals bodies and twenty statutory institutions this pmrc document provides an analysis of the auditor general ag report on parastatal bodies and statutory institutions for the years ended 2013 2014 2015 and 2015 it begins by providing an overview of parastatals bodies in zambia

    Read More
  • The Micropolitics Of Mining And Development In Zambia

    The Micropolitics Of Mining And Development In Zambia

    Zambias north western province where the opening of two large mines since 2004 placed it on the map of copper extraction the article argues that the interlinked processes of structural adjustment and the privatization of mining in the 1990s significantly weakened the countrys historically strong labor unions

    Read More
  • Nationalization And Mining Lessons From

    Nationalization And Mining Lessons From

    Turning decrepit mining infrastructure around is very difficult even with the privatization programme poverty in zambia deepened in the 1990s in 1991 70 per cent of the population was estimated to live below the poverty line9 this had increased to 73 per cent by 199810 and was exacerbated by the privatization and retrenchments that

    Read More
  • Copper Mining In Zambia History And Future

    Copper Mining In Zambia History And Future

    Copper cobalt africa incorporating the 8th southern african base metals conference livingstone zambia 68 july 2015 southern african institute of mining and metallurgy 1 copper mining in zambia history and future jackson sikamo12 alex mwanza2 and cade mweemba2 1 president zambia chamber of mines 2 chibuluma mines plc zambia corresponding author

    Read More
  • Zambia Privatisation

    Zambia Privatisation

    The few remaining stateowned enterprises can have a pivotal role in zambias growth and development strategy stateowned enterprises operating according to a logic different from that of profit

    Read More
  • Public Finance Zambia Tax

    Public Finance Zambia Tax

    By 1998 more than 85 of parastatals were privatized in early 2000 the giant parastatal mining company zambian consolidated copper mines zccm was completely privatized that transaction helped zambia satisfy the conditions for balance of payment support

    Read More
  • Untitled Rodger Masauso Alivas Chongwe On Zambias

    Untitled Rodger Masauso Alivas Chongwe On Zambias

    Ment into zambia according to mr musonda cheta investments manager zambia national provident fund interviewed by the author on the 12th december 1996 zambia was to receive a lot more money with the privatisation of the mines 1 konkola deep was to bring in us600 million while zccm limited zambias mining giant was

    Read More
  • Chiluba Was Persecuted Because He Refused To Wholly Sale

    Chiluba Was Persecuted Because He Refused To Wholly Sale

    Dec 29 2018nbsp018332special report the kwacha times fredrick chiluba took over from kaunda in 1991 when zambias economy was in shambles his team worked tirelessly to ensure that what they promised zambia was delivered mmd was funded by britain to oust unip britain operating on pretext that it was interested in the return of multiparty democracy in

    Read More
  • Zambian Privatization Some Truth Not Myths

    Zambian Privatization Some Truth Not Myths

    Oct 07 2015nbsp018332the treasury was bleeding to the tune of one million dollars per day to keep the zambia consolidated copper mines zccm parastatal afloat at the worst point of the zambian economy in 1999 the foreign mining companies that bought zccm most likely used this to push for a

    Read More
  • Govt Parastatals Pushing Zambia Into Further Debt

    Govt Parastatals Pushing Zambia Into Further Debt

    Mar 26 2018nbsp018332today zanaco pays dividends than most 100 per cent governmentowned parastatals so partial privatisation is the best model for the country to benefit from the parastatals otherwise most parastatals that are 100 per cent owned by government are liabilities and pushing zambia into further debt for capitalisation

    Read More
  • Liberalization And Privatization In Tanzania And Zambia

    Liberalization And Privatization In Tanzania And Zambia

    Dec 01 1993nbsp018332the parastatal sector accounted for 24 of nonagricultural wage employment and 130 of value added with sole operation of utilities and the railroads a strong presence in agriculture cooperative marketing input supply milling etc mining and manufacturing banking but little role in construction commerce and motor transportation

    Read More
  • The Privatization Story

    The Privatization Story

    Dec 28 2018nbsp018332aerial views of kansanshi mine including the plant pit tailings dams conservation park roads and pipelines by pamela chisenga before its independence from british colonial rule in 1964 zambia had a booming private sector that was mostly foreign owned the mines were for instance owned by 2 mining corporations

    Read More
  • Contributions Of Foreign Direct Investment Of Mining

    Contributions Of Foreign Direct Investment Of Mining

    In 1991 zambia reverted to plural politics and the government embarked on an exercise to privatize parastatal companies including the copper mines by march 2000 the privatization programme of the largest mining assets was completed anglo american reacquired a 51 percent stake in konkola copper

    Read More
  • Policy Framework Paper Zambia Enhanced Structural

    Policy Framework Paper Zambia Enhanced Structural

    A privatization and parastatal reforms 14 privatization of state enterprises is key to the governments efforts to raise efficiency promote private sector development and bolster economic growth as part of the program the government enacted a sound legal framework and established the zambia privatization agency zpa

    Read More
  • Republic Of Zambia Report Of The Committee On

    Republic Of Zambia Report Of The Committee On

    Republic of zambia report of the committee on parastatal bodies on the management and operations of the industrial development corporation in zambia for the second session of the twelfth national assembly appointed on 21st september 2017 printed by the national assembly of zambia

    Read More
  • Zambian Economist Broke Parastatals

    Zambian Economist Broke Parastatals

    In 2014 zccminvestmet holdings and zampost also declared dividends earlier this month indozambia also declared dividends so our view is that the quotcurrentquot figure is actually around 10 parastatals of course that does not change anything the government is broke it needs to get rid of the loss making parastatals

    Read More
  • Proposal For Strengthening The Governance

    Proposal For Strengthening The Governance

    Many countries the past several years have seen changing political support for privatization in many countries this was largely the result of several trends including some very public privatization problems particularly in the mining sector and a drop in number of easyto

    Read More
  • Advantages And Disadvantages Of Privatization

    Advantages And Disadvantages Of Privatization

    Advantages and disadvantages of privatization the merits and drawbacks of privatization have been subjects of considerable debate among businesspeople city leaders and public employees alike indeed each element of privatizationfrom its apparent costsaving properties to its possible negative impact on minority workersprovokes strong

    Read More
  • World Bank Document

    World Bank Document

    Zambia privatization agency zpa 9 the privatization of zambias substantial parastatal sector was an important objective of the economic reform program over the last four years it was the focus of two ida adjustment credits the two privatization and industrial reform credits pircs

    Read More
  • The Impact Of Technology Changes On Production And

    The Impact Of Technology Changes On Production And

    Electricity and mining activities blundell and robinson 2000 simubali 2012 sought to evaluate the type and impact of technology used before and after privatization in 2000 on the copper mining sector in zambia in particular konkola copper mines plc kcm in terms of the associated operational and financial performance

    Read More
  • Mining In Zambia Lexology

    Mining In Zambia Lexology

    Jul 18 2018nbsp018332following the completion of the privatisation of the mining sector in zambia in 2000 mining in zambia is predominantly private sectordriven the state transformed the parastatal

    Read More
  • Hamududu Backs Calls For A Partial Privatization Of All

    Hamududu Backs Calls For A Partial Privatization Of All

    Speaking to phoenix business mr hamududu explains that a partial privatization of the underperforming parastatals at a 5050 share percentage rate is the only way to recapitalize the companies which currently pose a fiscal burden on the treasury and add no value to the economy

    Read More
  • Zambia Future Trends Information About Future Trends In

    Zambia Future Trends Information About Future Trends In

    The zambian government projects that the privatization of the giant mining parastatal zccm will lead to the increased efficiency of copper production improved export earnings and a subsequent influx of foreign exchange in order to correct the economys sizeable balance of payments deficit

    Read More
  • Milestone Konkola Copper Mines Plc

    Milestone Konkola Copper Mines Plc

    Copper discovered in the copperbelt region of zambia 1930s konkola mine commences production the government of zambia nationalizes mines 1991 government commences privatisation of parastatal mining companies 2000 the privatization programme of the largest mining assets completed and kcm asset purchased by anglo american

    Read More
  • Failure Of Zambias Nationalisation Programme Exploring

    Failure Of Zambias Nationalisation Programme Exploring

    Zambias nationalised all of the key sectors of its economy in the 1970s including the mining sector however a series of unfortunate events and wrong decisions on the part of the zambian government ensured the subsequent failure of the nationalisation programme as such this article will explore the factors that precipitated and led to the failure of the nationalisation programme by

    Read More
  • Eisa Zambia Presidency Of Chiluba 19912001

    Eisa Zambia Presidency Of Chiluba 19912001

    Mar 09 2010nbsp018332the economic achievements of the chiluba presidency were uneven efforts at attracting foreign donor funds were hampered by the failure to deal firmly with state corruption the lengthy process of mining privatization to which much donor aid was tied and donor displeasure at the conduct of the 1996 elections holmes 2004

    Read More