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BRITONS Cry For Zambia, WHILE Zambians Are NOT AWARE OF KCMs Massive Profits It Accrues
The protesters are calling for Vedanta and the Zambian government to release KCM’s annual reports that contain figures on profits and tax payment, which were currently kept secret.
“Figures from Vedanta’s own documents, revealed in the report, suggest that KCM made $362 million in 2013, contrary to its own claims that it was making a loss and may need to be saved by the Zambian government,” Foil Vedanta stated in part. “In the UK, Foil Vedanta will continue to echo the calls of parliamentarians and financiers to formally investigate and bring Vedanta to trial for its environmental and humanitarian crimes and poor corporate governance.”
Foil Vedanta noted that since its report was published in late January, Vedanta executives had visited Zambia more than four times, and claimed that the report was misleading and incorrect.
“However, as of yet no evidence has been presented by Vedanta to dispute the figures and other claims presented in the report,” it noted in part.
GOVERNMENT SHOULD COME OUT ON THIS ISSUE. Umukuba Basenda Without Us Benefiting!
Posted by
sir
April 13, 2014 at 6:40 pm
Fimwenye nifi kabwalala.and ZCCM HI,3e you not partners with KCM? How can they be hiding financial reports from you? I still can’t belive it coz ZCCM HI has educated accountants…limbi mwashitile fye ifipepa bane!!! Kikiki
jamakudi
April 13, 2014 at 7:32 pm
Indians are only good with shops not mining. It was the same in luanshya. Someone is getting a cut in this govt
dOom
April 13, 2014 at 7:39 pm
Corruption, what is the government saying??????
Some must be inolved
Africanist
April 13, 2014 at 8:02 pm
I always say Africans are enemies of their own.Tuli ba mwenso, but nothing can be achieved without sacrificing.
Africanist
April 13, 2014 at 8:06 pm
Sir,You must know that 75% of those employed at ZCCM got their job through corruption.They were hired corruptly and they must continue the corruption because they were acquired corruptly.
Denkete
April 13, 2014 at 8:39 pm
R we a cursed race?
jackson malama
April 14, 2014 at 1:42 pm
I strongly believe we are
Chitoshi Makungu
April 13, 2014 at 8:50 pm
Who is fooling who? The docility of Zambians is disarming! That we can allow these Indians to hoodwink this government about the monies they are making and the government just take it as gospel truth and continue without batting an eyelid is most unfortunate. We need a revival of that nationalistic spirit where the love of the motherland should reign supreme!
LEVISON NJOVU
April 13, 2014 at 9:14 pm
I LOVE INFORMATION FROM YOU BECOZ U DIG DEEPER.
666
April 13, 2014 at 9:17 pm
Ba sata balaliamo kikikikikiki haaa! useless govnt
Raphael
April 13, 2014 at 9:53 pm
ZCCM HI has about 25% of shares in KCM and this obviously means that ZCCM has a number of people representing it.I also understand that, a good number of indivodual Zambians are involved in the running of KCM. I think we should not direct our anger at the indians but instead reflect on how patriotic we are to this great nation of ours. I tell you, my fellow patriots that our country is really in need of its citizens to be patriotic not just ordinary citizens.I pray that where ever you are reading this text from, you will change things around you and later on add to the development of our only mother ZAMBIA.
CHIPASA "INGE"
April 13, 2014 at 11:06 pm
It is saddening indeed to see and hear what is happening at KCM. The problem we have are two fold;
Firstly, those of our people who have positions in these mining companies are sellouts! They are unpatriotic! It is not only at KCM but even at mopani. You must not look further to see how these guys are worshiping these investor handymen like they are gods. Even as educated as they purport to be, they are treated like fools, allowing such because they fear to loose employment. If these are the educated we had before independence, Zambia would be 50 years before gaining independence. As a native Zambian customer/complainant facing these black Zambian managers/bosses, you are greeted with English and confusing explanations you have never heard before to the point you feel insulted. You will even be presented before muzungus to display your ignorance.
Secondly and most important, we have so much politicized important issues in this country. Those in government have always displayed a know it all attitude. If you are not friendly to those in the corridors of power, what ever you say is seen as a challenge to those in power and they will close their ears to any facts as long as these facts are from opposition. The basungus have noted this ‘fight’ and have taken it to their advantage. We who are outside have seen dirty things happening and all that we do is just remain with a bleeding heart as no one can hear you since you either are a nonentity or perceived to be opposition. The Vice presidents office, ministries of mines, commerce& industry and finance are to blame for this mess. LESA TATA, INTERVENE IN YOUR OWN WAY AS WE SEEM NOT TO KNOW WHAT TO DO WITH THE EDUCATION AND POLITICAL BLESSINGS YOU HAVE ABUNDANTLY BLESSED US WITH.
Tetulofye
April 14, 2014 at 9:13 am
Most of the strange and questionable dealings at this mine are now common knowledge.Trouble is we Zambians are lethargic and too slow is making quick decisions.Look at Chingola now;it is quickly becoming a ghost town- and will soon surpass Lya.Why are we watching ‘this house burning’?
interlectual
April 14, 2014 at 9:25 am
IT IZII TURU CHIPASA
Visionary Leader
April 14, 2014 at 9:31 am
We have big and huge problem, these mines in Zambia cant build a secondary school, a hospital even a university. Can we go to UK, USA, India, Brazil, Spain, Italy, Australia, Germany, Peru, Paraguay etc mine copper there as Zambia mining company and never put up nice and long lasting infrastrcture in that particular?
If these guys have been stealing our copper, gold and other minerals and if they did a lot of things for us Zambians, hey it was going to be very gud for Zambia. Look at Solwezi, the general hospital, even just the mine clinic is pathetic. Anyway it pains me. We have pathetic leadership in place.
me
April 14, 2014 at 10:54 am
Foolish sleepy zambians……………….
christian
April 14, 2014 at 11:05 am
this is an eye oppener to government ,opposition leaders [hh] in particular to tell zambians what this is all about i hear hh took part in privatisation of these companies GOD help us
joetheplumber
April 14, 2014 at 12:33 pm
Very sheepish. Ifisungu pakanwa bwe bwe bwe atase. You know indians and have had relatives working in their shops. They are blood suckers.
The educated ones let us protect our on by any legal means necessary…..we cant analyse forever.
blackbull
April 14, 2014 at 12:50 pm
country men and women why shud you keep on saying we zambians are to blame there must be a reall one to blame in this case its the govt who do not understand anything about mining and not only mining but running the economy and also your constitution the current one is not good that is why the opposition and others want new constitution in place and you let criminals harrass oposition leaders who could help
bijoli
April 14, 2014 at 1:03 pm
this is what privatization can do when you do it with your eyes closed, the whole of the mining sector is greatly stealing from us foolish Zambians, we do things to embrace,imprace and for our own selfish needs with our families,if we consider the most poor child in the most remote area of this nation then we would ve been doing things with our eyes open,for now let us jst focus on doing our best for our families and wish all the best to the most poor child in the remote areas of this nation whose been deprived of a better health center,better schools and access to a better diet,these children are suffering on the expense of a few selfish individuals whose plyt is to enrich themselves instead of representing the poor and speaking for them,not matter the harm they will coz to the poor,the fever of god will always be upon them.these investors are bargaining from this nation not because they are here to steal but because of the poor monitoring and the corruption between them and the monitors.in a class room,if the monitor makes a lot of noise then the whole class will be noisy but if the monitor is quite then the whole class will be quite and if one one pupil tries to make noise in a quite class that pupil must be aware of the monitors presence hence that pupil will not make noise.in Zambia both monitors(CORRUPT) and investors(BARGAINING) are noisy.god bless the affected and Zambia.
jeku
April 14, 2014 at 1:20 pm
The govnmt knows,how possible is it dat sata used 2 know every movement kcm med en used 2disclose wen he was opposition,bt hs become blank in power.anadiamo