KCM FAILS TO PAY SUPPLIERS

Konkola Copper Mines -KCM- in Chingola has no longer paid its contractors and suppliers of items and products and companies despite the elapse of the seven-day ultimatum that Authorities issued for the mining firm to entire so.
And aggrieved mine contractors and suppliers like now turned their grievances to Labour Minister Joyce Simukoko who was in Chingola on a tour of accountability.
They’ve complained to the minister that it is unfair for KCM to neglect fine its responsibility after contractors and suppliers delivered products and companies to the firm.
Silicon Electronics Minute Managing Director In a position Kangasa claims KCM owes his firm 50 thousand United States greenbacks in unpaid cash owed.
Mr. Kangasa mentioned it has now change into unhealthy to entire industry with the mining extensive thanks to its failure to honour its promises to customers.
In response, the Minister of Labour mentioned there is need for an amicable technique to be learned between the two occasions.
Mrs. Simukoko promised the mine contractors and suppliers that she’s going to hasty apply up the topic with her counterpart on the Ministry of Mines, Richard Musukwa.
She nonetheless mentioned executive is privy to challenges that KCM is facing nonetheless urged the mining firm to search out a form of liquidating the celebrated debt.