
Katanga Governor Moses Katumbi has denied that he is in the process of buying Kasaba Bay, a tourist resort in Northern Province. Mr Katumbi was speaking during a question-and-answer session with journalists that he had no interest to invest in the Zambian tourism sector.
“Although there is no law blocking me from buying any properties here in Zambia where I have a number of properties even today, I have no intentions to buy Kasaba Bay. Perhaps if it was a mine or an industry I could have interest in it,” he said.
Meanwhile, Democratic Republic of Congo (DRC)’s Katanga Province and Lafarge Cement yesterday signed a K50 billion (US$10 million) agreement for the supply of cement to the DRC region that is undertaking massive construction works.
Mr Katumbi signed the cement purchase deal on behalf of his provincial government while Lafarge Cement operations manager, Elililia Usiri represented the company’s management during the signing ceremony held at the Ndola cement manufacturing plant.
Mr Katumbi said the more than 50,000 tonnes of cement would be used for a $3 billion infrastructure reconstruction programme under which schools, hospitals, a drainage system and road infrastructure were being reconstructed.
The DRC government had embarked on a nationwide infrastructure development programme after the country’s cooperating partners wrote off a $10 billion debt when the country attained the Highly Indebted Poor Countries (HIPC) completion point.
Mr Katumbi said DRC attainment of the HIPC completion point was as a result of the good record in human rights and good governance set by President Joseph Kabila’s administration.
Mr Usiri said the Lafarge plant had capacity to produce 400,000 tonnes of cement per year and currently 5,000 tonnes were ready for delivery to Katanga Province after the deal was signed.
The signing of the cement deal was witnessed by Copperbelt Province Permanent Secretary Villie Lombanya and Ndola Mayor Charles Chiwala, Katanga Province Infrastructure Development minister, Lubumbashi mayor, Kolwezi mayor and some DRC embassy officials.