Kalemba News Zambia's most trusted online news The Court of Appeal has dismissed an application by Konkola Copper Mines (KCM) Plc, seeking to halt further execution and sale of its seized assets by Copperbelt Energy Corporation (CEC) in a bid to recover an $11.8 million debt. Court of Appeal Judge Annessie Banda-Bobo ruled that the application was improperly before the court, stating it should have been made first to the High Court, which issued the initial enforcement order. “Having found thus, I deem the applicant’s (KCM) application for a stay of further execution and sale of seized goods incompetent and it is dismissed accordingly,” Judge Banda-Bobo stated. She further discharged the ex-parte stay that had temporarily paused the sale of seized assets. The ruling was from a debt dispute under the Creditors’ Scheme of Arrangement. On June 28, 2024, the Lusaka High Court directed KCM to pay CEC $11.84 million as the first installment of a $29.6 million debt. After KCM failed to comply within the stipulated 10 days, CEC obtained a Writ of Fieri Facias (Fi-Fa) on March 17, 2025, prompting the Sheriff of Zambia to seize KCM’s assets to enforce payment. CEC subsequently applied to the Court of Appeal to discharge an ex-parte stay of execution granted to KCM on March 18, 2025. KCM had sought the stay pending determination of an ongoing appeal related to its classification under the scheme of arrangement. However, the Court found that KCM had not demonstrated any special circumstances that would justify bypassing the High Court, as required under Order 59 rule 14(4) of the Rules of the Supreme Court. The Court also noted that KCM had not previously sought a similar stay before the lower court, nor had it provided reasons why such an application would have been impracticable. Judge Banda-Bobo held that the Court of Appeal lacked jurisdiction to hear the application, emphasizing that it was the High Court, as the issuing court of the writ of execution, that held jurisdiction in the first instance. Consequently, the ex-parte stay was lifted, allowing CEC to proceed with the sale of KCM’s seized property to recover the outstanding amount. Costs were awarded to CEC, to be taxed in default of agreement. The debt enforcement follows a December 2, 2024, ruling by High Court Judge Charles Kafunda, who reaffirmed CEC’s right to receive payment as a Class 2 creditor under the approved Creditors’ Scheme of Arrangement. The Judge dismissed KCM’s argument that its pending appeal should delay payment, ruling that no stay had been granted by the Court of Appeal. Judge Kafunda criticized KCM’s reliance on ongoing legal proceedings to delay payment, asserting that the appeal did not affect the validity of the debt. He further dismissed KCM’s claims of new evidence and allegations that CEC had taken conflicting legal positions in different matters. On March 7, 2025, the High Court dismissed all of KCM’s applications for review and stay of execution, reaffirming CEC’s right to recover the funds. The seized amount, equivalent to K338.9 million at the time, will go toward satisfying the first installment of the outstanding debt. Kalemba April 14, 2025 ABOUT a hundred former employees of Young Phiroz General Dealers will now be able to buy the renowned and most sought after 25 KG mealie […] Your email address will not be published.Required fields are marked *
We are truly grateful to our readers for the nomination. Your support means everything. Let’s bring this one home!!! Please cast your vote for KALEMBA! THE Lusaka High Court has ruled that Zambia National Farmers United (ZNFU) president Jervis Zimba remains in office. Judge Gaudentia Salasini dismissed an interim injunction issued on March 11, 2025, that had restrained Zimba from performing his duties. The court… PRESIDENT Hakainde Hichilema has assured traditional leaders that they will be fully consulted and involved in ongoing constitutional amendments, especially on matters such as the delimitation of constituencies. Speaking during a meeting with members of the House of Chiefs at… A THRILLING Sunday was experienced at Nkoloma Stadium as Red Arrows and Power Dynamos booked their spots in the ABSA Cup 2025 semifinals with strong performances. In the first game of the day, the Zambia Air Force (ZAF) sponsored side… We are KALEMBA, we are Zambia’s most trusted, credible and authentic source of online news. We strive to be informative, educative and entertaining while providing a platform for ordinary Zambians to tell their stories. We believe everyone has a story to tell. We are a team of qualified journalists whose desire is to practice ethical Journalism.
THE Radiation Protection Authority (RPA) has unveiled its new board, marking the beginning of a renewed push for stronger radiation safety, improved oversight and tighter accountability in the sector. https://www.facebook.com/share/1SA2weKDx9 The unveiling ceremony was officiated by Minister of Technology and Science Felix Mutati, who called for transparency, unity and collective decision-making. Mutati challenged the board to handle internal disagreements constructively while upholding risk management at all levels. He reminded the new board that the mandate before them is heavy, emphasising that the board must operate in alignment with national priorities and remain firmly accountable to the citizens. “You don’t exist in isolation, you exist to assist us deliver on our priorities as government and to ensure a safe environment for the people.” ” You also assist to ensure that resources given to you whether from government or statutory instruments are properly accounted for because that money is for the citizens,” he stated. Mutati also urged the new board to grow its revenue base without compromising financial discipline. He warned that government will not hesitate to act if the board fails to uphold accountability and performance standards. “If management doesn’t perform to your expectation, as a board you have the responsibility to take appropriate action because if you don’t, we will take appropriate action on you,” Mutati cautioned. He stressed that transparency, accountability, collective responsibility and sound risk management must guide every decision the board makes. “Take responsibility by ensuring that management remains aligned and works in the best interest of the people of Zambia,” added Mutati. Meanwhile, the new board chairperson Msafiri Sinkala pledged to steer the authority with firmness, keep a close eye on performance and make sure the institution meets its target in a manner that reassures the public and restores confidence in the sector. By Sharon Zulu Kalemba December 3, 2025 MINES Minister Paul Kabuswe has expressed shock that developmental stories on social media attract as few as 20 likes and 13 comments, compared to scandals […] THE Financial Intelligence Centre (FIC) has revealed how two employees of a government institution allegedly stole over K20 million meant for public use by diverting […] SOUTHERN Province Administration has refuted claims circulating on various social media platforms that oil has been discovered in Choma. Wisdom Himanteka, Principal Public Relations Officer, […]
GOVERNMENT has reduced the cost of getting electricity connections in rural and peri-urban areas from K4,846 to only K300. https://www.facebook.com/share/p/1CQhHDqC6z/?mibextid=wwXIfr Energy Minister Makozo Chikote announced the change today at the launch of the ASCENT Zambia Programme in Lusaka. He said the big reduction is part of a US$250 million project supported by the World Bank to help more Zambians access electricity and clean cooking. The programme aims to connect over 1.6 million people in the next five years. According to the Ministry of Energy, Chikote said applications for the cheaper connections will start on 22 December 2025 and the goal is to connect 100,000 households in the first year. Chikote noted that only 51 percent of Zambians have electricity and in rural areas the number is even lower at 33 percent. He said the new programme will help close this gap and improve people’s lives. He encouraged people to apply and directed ZESCO and the Rural Electrification Authority (REA) to inform communities across the country. “Our desire is that a farmer in Eastern Province can refrigerate his produce, a schoolgirl in Northern Province can study under proper lighting, and an expectant mother in Western Province can access safe and reliable health services,” he said. REA acting chief executive officer (CEO) Eng. Alex Mbumba said the agency will work closely with ZESCO to ensure the project is implemented smoothly, especially in areas that have been underserved. ZESCO managing director Eng. Justin Loongo said the programme is a game changer that will help families access clean and reliable electricity. The World Bank and COMESA also promised to continue supporting the programme with funding and technical help. By Catherine Pule Kalemba, December 3, 2025 PRESIDENT Hakainde Hichilema has called on African nations to urgently accelerate their digital transformation efforts, warning that failure to embrace digitalisation could leave the continent […] PRESIDENT Hakainde Hichilema says he has reached out to his Congolese counterpart, Felix Tshisekedi to propose that Zambia and Congo establish a structured trading arrangement […] About 30,000 to 50,000 people will have minimal worries concerning load shedding in Kafungalubala Village as President Hakainde Hichilema is scheduled to commission the nation’s […]
ZAMBIA has switched on a new gear in its global trade journey after officially joining the ATA Carnet Convention, a system set to make cross-border business smoother, faster and cheaper. This move ushers Zambia into an elite network of nations using the ATA Carnet, a global customs document often dubbed the ‘passport for goods.’ The historic milestone was sealed yesterday when Zambia’s ambassador to Belgium, H.E Mary Chirwa deposited the instrument of accession at the World Customs Organisation (WCO) headquarters in Brussels. According to a statement by First Press Secretary at the Embassy of Zambia in Brussels, Belgium, Aswell Mwalimu, with this tool, Zambian entrepreneurs, exhibitors and manufacturers can now send professional equipment, samples and products abroad for trade fairs and events without paying customs duties or taxes. Mwalimu said Zambia has gained fast-lane access to world markets. Witnessing the handover were WCO Secretary General Ian Sanders, and senior officials Michelle Millan and Gael Grooby, who commended Zambia for its commitment to modernising trade systems and boosting regional competitiveness. This achievement, realised under President Hakainde Hichilema’s administration, underscores government’s push to transform Zambia into a regional trade powerhouse through efficiency, technology and global partnerships. “This achievement is more than a technical milestone. It’s a powerful statement that Zambia is ready to compete and collaborate on the global stage,” sais Mwalimu. He added that development will not only simplify exports but also project Zambia’s growing confidence in the international trade arena. Also present at the ceremony were First Secretary (Trade and Investment) Melissa Summerton Sylla and other diplomats from the Zambian Mission in Brussels. By Sharon Zulu Kalemba November 9, 2025 THE partnership between Zambia and Japan is evolving beyond traditional aid into a long-term, collaborative development model based on mutual respect, technical cooperation, and sustainable […] UK based, Zambian female economist who once made billionaires uncomfortable has just taken a seat at one of the world’s biggest corporate tables. https://www.facebook.com/share/p/15x9nvPaTk/?mibextid=oFDknk Dr […] PRESIDENT Hakainde Hichilema is today expected in Solwezi to commission the US$1.2 billion S3 expansion project at First Quantum Minerals’ Kansanshi Mine, a development set […]
