Copperbelt investment Expo was waste of money – PS

Copperbelt investment Expo was waste of money – PS

WASTED EFORT AND MONEY: NO INVESTOR HAS COME ON BOARD SO FAR TO INVEST TWO MONTHS AFTER THE COPPERBELT INVESTMENT EXPO

Copperbelt Permanent Secretary Bright Nundwe has disclosed that no investor has come on board so far to invest in the province two months after it held its investment expo.

Mr. Nundwe has since directed officers at the provincial administration to find mechanisms of following up on potential investors that participated in the expo.

Speaking in Ndola Tuesday when he met officials from the provincial administration, Mr Nundwe explained that huge sums of money were spent to host the expo that took place from 24 to 28th June 2019, hence the need for the province to yield positive results from the event.

The Copperbelt Investments Expo was held in Ndola under the theme `Broaden the Copperbelt Economy through diversified investment.`

PHOENIX NEWS

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COMMENTS

WORDPRESS: 8
  • comment-avatar
    kufahakurambwe 3 weeks ago

    Perhaps the investors are sick and fed up of investing in the politicians’ personal accounts!

    • comment-avatar
      Nemwine 3 weeks ago

      Such people in very senior positions in govt are really a risk. It follows he should be easy to mislead in serious meetings where they commit govt. This is so embarrassing.

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    MAMBO TEMBO 3 weeks ago

    When we comment that positions of PS, DPS, DCs and others whether at ministerial or Provincial level (for PS & DPS) require professionals, We are misunderstood. These jobs require technocrats not otherwise. For as long as we continue on such a trajectory, these will undoubtedly be the results. Sad indeed though not surprising.

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      The Copperbelt PS perhaps thinks that investment decision-making in professionally-run outfits is just a matter of spending money. A case has to be made for it, meetings of decision-makers have to be convened. Money has to be raised and often it is borrowed money.The lending institutions hv to be persuaded to take a chance on your proposal. It’s real hard work Mr PS.

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    kalala 3 weeks ago

    The NorthWest expo was the bigggest flop of all expos. What a waste of resources!!

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      Adabracadabra, I declare Chipangali a district, adabracadabra, I declare Chikankata a district, adabracadabra, I declare Senga Hill a district. Not in investment decision-making. It’s complicated. Even if the numbers show favourable outcome, it may not work. So decision makers are more cautious.

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    wangling 3 weeks ago

    New Nurses still not on Payroll, despite President Lungu’s directive to hire them 4 months ago There is growing frustration among newly recruited nurses in the country due to delays by the government to put them on the payroll.
    On President Edgar Lungu’s directive, the Ministry of Health four months ago employed 3,000 nurses who have been deployed countrywide.

    However, four months since their deployment, the nurses have not been put on the payroll resulting in some of the leaving their work stations.

    Information gathered has also revealed that some nurses have been advised by their supervisors to go back home and report back for work when they are put on the payroll.

    And some nurses talked to have lamented that life has been difficult the last four months as they cannot but themselves food.

    “We are now depending on our parents and Guardians for survival despite being employed, this is unfair. We are now employed and we should be the ones taking care of our parents”, the lamented.

    But Ministry of Health Permanent Secretary Administration Dr Kennedy Malama has assured that the nurses will soon be put on the payroll.

    Dr Malama said negotiations have advanced between the Ministry of Health and the Ministry of Finance over the matter.

    He acknowledged the difficulties nurses are facing and commended them for their commitment to work and patience despite delays to put them on the payroll.
    CAN U BE MOTIVATED LIKE THIS? THEN HE GOES TO INDIA AND SAYS THE GOVT WILL PAY TUTION FEES FOR THE STRANDED STUDENT?COMES BACK HOME AND 2 DAYS GOES TO JAPAN.IS THIS NOT A WASTE OF RESOURCES FROM US THE POOR ZAMBIAN?

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    If this report is true, then there’s a problem, a big problem, in the office of Copperbelt PS. What’s a month in investment decision-making?