Kaunda Resigns From KCM

KCM’S vice-president for human capital management David Kaunda has resigned with immediate effect.
Kaunda was once appointed to act as chief executive officer at Konkola Copper Mines by the mining company’s majority shareholder, Vedanta Resources, when the government revoked the work permit for then chief executive officer Kishor Kumar who left the country last November.
Kumar’s departure followed President Michael Sata’s rejection of plans by KCM to retrench over 1,500 miners citing operational challenges.
A source at KCM revealed that there were serious misunderstandings between Zambian professionals in management and the investors, a situation that was making senior officials to resign out of frustration.
The source said the government needed to intervene and save KCM from collapsing as there was an exodus of strategic management members that were critical to the survival of the mining company.
“…In Chililabombwe you know what’s happening.
You carried a story as The Post where miners protested over meals which is embarrassing, over Kampompo sure and that’s how serious the issue is. Any Zambian manager who has the interest of the nation at heart can resign in the manner Kaunda has done because some of these decisions being made by our Indian bosses are not in the interest of Zambia or the employees of KCM.”
Kaunda was unavailable for comment by press time as his mobile phone was switched off.
A memorandum circulated to all employees by acting chief executive officer David Ng’ambi dated March 18, 2014 confirmed Kaunda’s resignation.

Posted by Editor on March 20, 2014. Filed under LATEST NEWS. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

14 Responses to Kaunda Resigns From KCM

Zoona Reply

March 20, 2014 at 8:12 pm

Kaunda is a thief,govt should arrest him 2getha with joy sata.i know kcm wl come back 2 life.God is in control.
diamond platinum Reply

March 20, 2014 at 8:43 pm

Things are moving from bad to worse,bakopala twachula.for real he can resign if he was working for zambians.because these chinise people there interest is to make more than 100% profit.Ba Sata mwaletulaya shani pali aba batu?twafweni, dollar nayo ileninafye lelo 630
Nsongo Ben Reply

March 21, 2014 at 3:57 am

I saw this coming,I have been in Mr Kaunda’s office on several occasions and i personally saw the frustrations being caused by Indians to Zambians,
By the way is the stubborn Ms Kapijimpanga still there? she thought favouring Indians will land her Kaunda’s position, Joy Sata too, this other madam nama glass kwati chipaso should learn to respect your own people,lastly am disappointed with President Sata ,Chingola resident voted for you and the rally you held at Chiwempala market you promised them a lot of changes in KCM,but in vain, look at the road from 1st street to town in Chingola? where is your wheelbarrow or sorry wilbur simuusa?
Mulenga F Reply

March 21, 2014 at 6:46 am

I am very disturbed to learn that DK has resigned from KCM. From the way I know DK, the man is a hands on person who knows what time of the day it is. How I wish he could continue to serve at KCM, but again, only himself knows why he left. Ouch!
katwishi mukwai Reply

March 21, 2014 at 8:31 am

Kaunda knows why,mwalaumfwako
Speculator Reply

March 21, 2014 at 9:04 am

The man acting is David Ng’andu and not Ng’ambi. He will make a difference as he is hard-working
Khumar Reply

March 21, 2014 at 9:37 am

****** Zambians! ****** idiots! Go to hell and die of poverty, DK can go but we will exploit more of you. Ha Ha Ha Ha Haaaaa!!
Khumar Reply

March 21, 2014 at 9:38 am

Zambia Chipuba Chashitisha Mine (ZCCM)
zalimba jere Reply

March 21, 2014 at 1:13 pm

DK is only protecting his CV. cause no one really knows kcm’s way fore ward postive or negative in business, of course when negative surely some CVs will be highly affected. Let’s share.
JobLoss Reply

March 21, 2014 at 2:45 pm

Dk deserves to go,he is Judas Iscariot coz that guy sold us to the Indians. In fact he is a BIG FOOL let him go to hell.
NTONGO Reply

March 21, 2014 at 3:43 pm

I laugh at those people missing Kaunda. Kaunda is a total waste of time and a disgrace for that matter. He was busy employing his girl friends such as EVE Banda and Patricia Katongo. That man is like the snake in the Glass. Shame on him for running away. His powers has fallen like Alexandar the Great who was killed by only one mosquito
Cumbu Munshololwa Reply

March 21, 2014 at 3:55 pm

Incarnation of Super Ken. Malabishi
Umusambashi Reply

March 22, 2014 at 1:14 am

We Zambians shld lrn to deal with issues at heart. KCM has issues what is the way forward. Not yes this, no that awee…uyo waya,let him go…mayb he wants to join his wife mu neighbouring country whr she is working, how wld u knw…stop ths speculatn mentality. Deal with th issue thts why our country is nt progressng, too much speculatn,less actn. Abo am chinese,kick thm out by beatng thm at thr own game, be good and excel in wht thy do…eeh bane
Mulondwe Muzungu Reply

March 22, 2014 at 8:09 am

This is nothing new. Since Indians took over the company so many highly qualified Zambians have left. I left KCM only after 2 years. I was one of the graduates recruited for the Nchanga new Smelter project. Within a year into my employment I realized that I didn’t have a future with the company. Zambians are leaving the company in numbers from new young freshly recruited graduates to managers with many years of experience.