SPLITTING KCM WILL LEAD TO LOSS OF JOBS-HH
UPND President, Hakainde Hichilema has warned the PF against its intentions to split Konkola Copper Mines (KCM) into two separate entities saying the move would lead to massive job losses for miners.

And President Hichilema has assured Zambians of an unprecedented economic revolution that has never been witnessed in Africa that would lead to the creation of jobs.

Commenting on the planned splitting of KCM into two entities namely Konkola Mineral Resources (KMR) and KCM Smelter Company Limited this morning, President Hichilema warned that such a move is a technical disruption in KCM operations.

“In business, this is technically a disruption in KCM as we know it. Technically, it means, KCM, as we know it, will never be the same. They put their friends to scavenge on KCM’s assets; assets that belong to the people of Zambia, KCM will never be the same,” charged Hichilema.

He says the move will worsen the suffering of already impoverished majority Zambians whose life line is in the mining sector

“This may mean worsening the suffering [of impoverished Zambians] beyond the current levels which will [in turn] lead to our already suffering miners and retirees dying of hunger,” observed President Hichilema.

He also noted that the unwarranted planned move would result in the loss of jobs for the thousands of employees from KCM through redundancy.

“This means that all employees who were working under KCM will he declared redundant which will in turn add to the numerous economic challenges that the people of Zambia are currently grappling with. That’s why we believe that the PF cannot be trusted with the way they are handling KCM,” he said.

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3 COMMENTS

  1. Splitting KCM into two may actually result in more employees being employed compared to the current number of employees.Both of these separate entities will need to have separate employees to work in departments such as Human Resource, Finance , Quality Control etc.Further, each of these entities may have a higher number of suppliers and contractors when aggregated than the current number.In terms of job creation, this is a better option.

  2. Mr James, you’re dreaming my friend because you don’t know what you’re talking about. KCM is being split to benefit the Mwankoles and their surrogates. If you think Zambians will benefit on more jobs you’re in dreamland.

  3. James, you are the type that don’t know the difference between productive jobs and unproductive jobs. You think mining sector creates jobs by splitting and having numerous administrative jobs to man the two split units. It is like a hospital which has 90 administrators but only 5 doctors and 10 nurses.

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