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Kabwe claims $2 billion investment loss

JEAN KAPATA

CHAMBO NG’UNI, Kabwe
KABWE Mayor Prince Chileshe says the district has lost investments in excess of US$2 billion that were expected to create over 3,000 jobs and promote economic growth.Minister of Lands and Natural Resources Jean Kapata last year suspended the land agency of Kabwe Municipal Council (KMC), citing the failure by the local authority to adhere to guidelines and procedures in the management of land.
Mr Chileshe says the suspension of the land agency has left the council in a precarious financial situation and some people are allegedly allocating themselves land because there is no-one to control their illegal activities.http://epaper.daily-mail.co.zm/

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