Outgoing President Edgar Lungu has now ordered mining companies on the Copperbelt to re-employ dismissed miners between now and September by getting loans and pay them until after elections.
Some mining houses have revealed that they are being forced to acquire loans at very expensive prevailing lending rates from commercial banks to re-engage some miners so that the PF can winning votes in the next elections. But the mines have revealed that this will just be for elections as the miners will be sent on the street just after elections if the PF wins.
President Lungu is scheduled to travel to the Copperbelt this weekend where he feels he has completely lost grip due to massive job losses and wants to personally follow up his orders to mining houses to acquire loans to pay the re-engaged miners.
Initially the PF government had planned to offer the miners land and force them into farming but the programme has lamentably failed like any other programmes they tend to cheat people such as the marketeers loan empowerment fund.
“Yes we have been told to get loans from commercial banks and re-engage the miners but dismiss them soon after elections if the PF wins and they are categorical that they don’t care what happens after September once they have been reelected. We are really under pressure to carry out this wrong exercise that will see further difficulties in the mining houses in terms of liquidity and loan repayments in the long run that may lead to complete closure of these mines,”a source within the mining firms has revealed.