Comments on: A Betrayal of Trust – Mopani Mines and the Insult to Zambians

By: The Director

The Director — Thu, 28 Nov 2024 23:42:40 +0000

There many ways to look at the issue at stake. Logic dictates that when Delta injected cash into Mopani as minority shareholder it would have signed a deal with Mopani with the “right of refusal” which would normally go along the lines of ” in the event Mopani decides to sell its shares, Delta will have the first right to purchase those share at market value” Given the money delta had to inject into the business to make it viable, I wouldn’t be surprised that this was the case. What need to be understood is whether the shares Delta bought to achieve majority ownership were valued at market value and therefore the government did not lose money in the transaction.

By: ONE ZAMBIA

ONE ZAMBIA — Mon, 25 Nov 2024 21:48:04 +0000

In reply to Mayo Mpapa.

The Attorney General is only an advisor and the government frequently disregards AG’s advice when it suits them. It is up to the AG to rise to the demands of the office and defend the rule of law. Mr Kabesha neither has the spirit nor the aptitude for such a task. The actual decisions are made by Solicitor General Marshal Muchende, whose corruption is the worst kept secret in Lusaka.

By: Spaka

Spaka — Mon, 25 Nov 2024 21:11:02 +0000

Just blabbering hot air for nothing……..

Enemies of progress………

This GRZ is pushing to have mines working from all shafts, and out of expensive hibernation……….

Forwardee 2031

By: PAYA FARMER

PAYA FARMER — Mon, 25 Nov 2024 11:21:36 +0000

We warned you about Privitasation……

By: Anonymous

Anonymous — Mon, 25 Nov 2024 11:11:52 +0000

The only thing you get from Politicians is disappointment…nothing else….Boris Johnson resigned after misleading the British people about Brexit….Hakainde Hichilema said the exchange rate will drop by 14hrs after being sworn in… Michael Sata said more money in your pockets within 90 days….and Trump will soon find out that it is easier said than done…..and already he is aligning himself with billionaires so that the can steal more money and award themselves huge contracts whilst his poor MAGA voters in rural Wyoming are get more poorer

By: Deja Vu

Deja Vu — Mon, 25 Nov 2024 09:23:57 +0000

In reply to TM.

Kcm not Mopani was in court.

By: TM

TM — Mon, 25 Nov 2024 08:10:00 +0000

I don’t understand how we reason when it comes to our own economy. The Mopani mine case was in court. The government lost the case in Johannesburg high court. I don’t know if our government challenged the outcome. Our economy was in ICU. Now the current government took a different direction to find investors and settle the case outside court. there is anything wrong with the deal, take the legal route now inside of making noise in the media.

By: N.K

N.K — Mon, 25 Nov 2024 07:33:42 +0000

In reply to Mayo Mpapa.

Attorney General Kabesha and Solicitor General Muchende are undeniably loyal party cadres of UPND. Their appointments by President Hichilema were strategically designed to ensure a lack of independence within the office, allowing them to facilitate questionable transactions without any oversight.

By: Deja Vu

Deja Vu — Mon, 25 Nov 2024 07:29:36 +0000

In reply to Mayo Mpapa.

If the minister feels confident enough, let him explain and embarrass himself (which he has already done).
Just like the ministries of information and of police….. conflicting statements is the order of the day.

By: Mayo Mpapa

Mayo Mpapa — Mon, 25 Nov 2024 05:38:37 +0000

The Attorney General is the major player in all this; why not subpoena him to come and answer legal questions surrounding this transaction?