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As Zambia confront the public health, financial and economic implications of the COVID-19 pandemic, Absa Bank Zambia has announced an opt-in loan relief package for eligible customers impacted by COVID-19.

Absa Bank Zambia Managing Director  Mizinga Melu said in a statement made available to the Zambian Business Times – ZBT on April 14, 2020 that following thoughtful consideration and engagements with regulators, the Bankers Association of Zambia and Absa Group Limited, the Bank is proceeding to extend a comprehensive Retail, Business Banking and Corporate relief package effective Wednesday, 15 April 2020.

“We recognise that the financial wellbeing of some of our individual customers and businesses may have been adversely affected during this time. This package which includes a three-month payment relief among other payment relief solutions is one way of helping bring possibilities to life for our customers. We however urge those of our customers who are able to continue meeting their debt service obligations to continue with repayments to allow us to reach out to many more clients who are not in a similar position,” said Mizinga Melu.

She added that eligible customers in need of short-term liquidity will qualify for the relief package that applies to Absa’s credit products.

Melu said these relief measures apply to Absa Zambia’s Business Banking, Premier, Prestige and Personal Banking Retail customers adding that the package incorporates a three-month payment relief and allows customers to reduce or defer their monthly instalments.

The package is further said to not attract additional administration fees for customers and support will entail solutions based on their unique requirements and operations.

Absa Bank Zambia is since committed to helping customers during this period of anxiety and hardship. While this relief package is for an initial three month period, the Bank will review its program should macroeconomic conditions deteriorate
further.

Melu added that in implementing this package, Absa Bank Zambia will comply with applicable laws and regulations in Zambia whilst remaining committed to delivering banking solutions that are tailored for it’s diverse customer base.

As Zambia confront the public health, financial

Absa Bank Zambia has pledged a donation to the Ministry of Health and the Disaster Management and Mitigation Unit (DMMU) as part of relief efforts undertaken by the two organisations towards the COVID-19 crisis as well as the flooding in Luapula Province.

The donation is directed towards the purchase of 20 Oximeters to the Ministry of Health, who are leading the fight against the COVID-19 pandemic.

Absa Bank Zambia Managing Director Mizinga Melu said this equipment is vital for attending to patients experiencing respiratory problems and assists in monitoring the oxygen and heartbeat levels of patients.

The Bank has also donated 500 roofing sheets and 200 blankets to the DMMU as part of the relief package towards victims of the recent floods in the Lunga District in Luapula Province.

The floods have caused damage to homes and schools leaving several families displaced and rendered homeless.

“At Absa, we believe that our role in society goes beyond our business performance but through our actions and contributions that enable our communities to access a better life, filled with possibilities. We pride ourselves at being an active force for good and changing people’s lives for the better”, She said.

Melu further stated that Absa Zambia realises the pressure on the Government to address all these calamities at the same time and hence the decision to support and compliment efforts.

“We appreciate that in light of the COVID-19 pandemic, the additional responsibility of addressing the flood victims in Lunga District puts considerable pressure on the limited Government resources. As such, we see it fit as an organisation to do our part to ease some of the burden,” She added.

Absa Bank Zambia has pledged a donation

Zhongkai International Limited, an Ethanol processing plant, has disclosed that Cassava is currently running out on the Zambian market due to demand for the crop used to manufacture ethanol. Ethanol’s demand has skyrocketed on covid 19 as its used as an additive in hand sanitizers and other hygiene products.

Zhongkai Managing Director Chen Guiping disclosed to the Zambian Business Times – ZBT in an exclusive interview on April 9, 2020 that the company is in the next two weeks expected to diversify and start buying over 5,000 tonnes of molasses as cassava is currently running out on the market due to it’s high demand in the current COVID – 19 situation.

Zhongkai has announced its plans to buy over 5,000 tonnes of molasses at an initial cost of K6 million for the production of ethanol which is used for hand sanitizers and other hygiene products. Molasses is a by-product resulting from refining of sugar cane during the sugar production process.

He told ZBT that currently, the company uses 250 tonnes of cassava in a day which costs about K2,000 to K5,000 per ton hence we are likely to use 500 tonnes of molasses in a day to cost about K7,000 per ton. Zambia Sugar however sets the price per ton which may vary.

Guiping disclosed to ZBT that cassava is slowly running out on the market as farmers have not yet harvested, hence the need to modify to the use of sugar cane molasses to ensure people are still provided with ethanol to be used for formulating hand sanitizers and other hygiene products especially during this COVID – 19.

He said the company has since seen an increase in production by over 30 percent in this period as it’s products are currently being sold across the country and has advised farmers to grow more cassava and diversify to other plants and crops like sugarcane saying the market is readily available for them.

“Currently we buy our cassava from Northern, Luapula, Western and North – Western provinces, however we are ready to extend our buying program to other places if only farmers are ready to grow and sell their cassava to us through our partner offices at Musika, and we are also buying our molasses from Mazabuka”, He said.

He also said the company has employeed over 25 agricators across the country who train famers on how to grow, prepare and harvest dry cassava to make it ready for the market. This initiative is meant to help increase production of Cassava.

In addition, Guiping said from July 2019 to date, the company has bought over 7,000 tonnes of cassava from farmers and has since anticipated to purchase close to 50,000 tonnes of cassava for the 2020/2021 marketing session.

Zhongkai International Limited, an Ethanol processing plant,

The National Action for Quality Education in Zambia (NAQEZ) has cautiously embraced the introduction of educational lessons by the Ministry of Education in Zambia via TV but warned that the current ZESCO load shedding schedule is a threat to smooth implementation of this initiative.

The lessons are scheduled to be broadcast on national television – Zambia National Broadcasting Corporation television (ZNBC TV) saying the announcement is progressive, welcome and must be supported.

NAQEZ Executive Director Aaron Chansa told the Zambian Business Times- ZBT in a statement on April 9, 2020 that this will help to mitigate the collosal academic damage done by closure of learning institutions due to the Corona virus – COVID 19 pandemic.

NAQEZ is however of a strong view that this TV initiative will only cater for less than 40% of the school going population as the majority of Zambian citizens live in rural areas without TV sets and no electrical power, hence with the TV educational programs, it would be discriminatory and extremely unfair to rural children who cannot access television services.

Unless we have another support initiative on how those without TV sets will be able to get access, a good number of learners especially in rural areas will have no access to these learning programs.

“As if lack of television sets is not bad enough,the increased electricity load shedding by ZESCO will, without any doubt,disable the good initiative by the Ministry of General Education” He added.

Chansa has since called on ZESCO to manage this loadshedding better and help some of the young people continue learning in homes. Load shedding hours can cover all the time that education program is running, so there is need for coordinated efforts.

NAQEZ further appealed to the Ministry of General Education to introduce educational programs using provincially based radio stations and community radio stations to cater for learners coming from economically disadvantaged households in villages. Adding to that, all children have a right to learn regardless of where they are.

Chansa has also implored all school going children in Zambia to desist from all destructive activities and get glued to books, educational television and possibly education radio stations for academic lessons as they hold the key to their own destinies.

The National Action for Quality Education in

Zambia’s power utility company – ZESCO Limited has announced to its customers and
the general public that there will be a reduction in power supply country-wide for a
period of ten (10) days starting 8th April 2020, due to loss of supply of 132MW from
it’s Independent Power Producer – IPP Maamba Collieries resulting from a fault on one of the generating units.

ZESCO Public Relations Manager Hazel Zulu has confirmed to the Zambian Business Times – ZBT that the maintenance works will result in longer hours of load shedding of up to 15 hours per day.

“It should be noted that this additional load shedding has become essential in order to
protect the power system from collapse and to ensure that the available power is
distributed equitably to all our customers,” She added

ZESCO has since continued to appeal to its customers to employ energy efficiency and
conservation initiatives such as completely switching off lights and electrical appliances
when not in use as well as consider migrating to the use of gas for cooking and solar
for lighting.

Zambia’s power deficit has persisted despite the country experiencing normal to above normal rainfall which ideally should have boosted the country’s power generation which is mostly skewed towards hydro electricity generation.

The water levels at the major hydro power generation plant at Kariba continue to be low, though expectations still remain high that the increased flows upstream the Zambezi River would later on during the year improve.

Construction work at the Kafue gorge lower which was expected to come on-stream after quarter one (end of March 2020) have also been negatively affected by delays of experts returning from China as well as work stoppages at the site due to threats of COVID 19.

Zambia's power utility company - ZESCO Limited

The Jesuit Center for Theological Reflections – JCTR Irish aid sponsored Basic Needs and Nutrition Basket (BNNB) for March 2020 survey results show that Zambias cost of living for a family of five (5) stands at about K7,014.13 (about US$390).

The monthly survey report shows a paltry of about K2 decline from K7, 016 recorded in February 2020. In March 2019, the basket stood at K5,543 while in March 2020 basket recorded decreases in the price of items such as soya pieces which moved from about K129 in February to K78 in March, 2020.

Vegetables recorded a reduction in price from K391 in February to K341 for a monthly requirement of 40kg, Kapenta reduced from K203 per kg to K164, beans moved from about K103 to 88 while banana prices also came down from K172 to K156 for the recommended amounts of 16kg.

However, the basket recorded increases in the price of other items, the staple food, mealie meal increased from K272 to K279 for 50kg, rice prices also increased from K69 to K86 for 4kg, potatoes priced moved up from K39 to K49, milk prices increased by K21 moving from K140 to K161, tomatoes moved up from K61 to K91 for 6kg and cooking oil price moved upwards from K87 to K102 for 3.6 litres. For the essential non-food items, a noticeable increase was seen in the price of charcoal which moved from K300 in February to K344 in March 2020.

Evidently, the cost of living as measured by the BNNB still remains a challenge for the larger segment of the Zambian populace. While the BNNB has registered a marginal decrease of about K2, the upward movement that has been seen in essential foods such as milk, rice, mealie meal, potatoes and cooking oil comes with implications especially with regards to nutrition.

JCTR Deputy Director Fr. Alex Muyebe said in a statement made available to the Zambian Business Times – ZBT that the households may either reduce the consumption amounts for these particular items or simply remove them from their shopping lists.

Fr. Muyebe has since projected that the cost of living may increase over the next survey period in view of the current COVID-19 global health pandemic. He reiterated the need for Government to increase resource allocation and commitment to a more sustainable climate resilient and diversified agriculture sector saying this will significantly contribute to more consistent supply of some foods and help keep prices low.

The country has in the past few months been faced with heavy economic and social difficulties. There has been sporadic shortages or bulk buying of mealie meal which caused the staple food prices to go up, the country experienced countrywide chemical and gas attacks on citizens, the local currency, the Kwacha, has had a losing streak resulting in imported inflation and the situation has now been compounded by the coronavirus – COVID 19 global pandemic.

The Jesuit Center for Theological Reflections -

Information communication technology – ICT regulator – ZICTA has stated that it has no plans to push for further tariff cuts for voice and internet bundles following calls from members of the public that the telecommunications industry comes up with packages to support the increased need for online learning as well as work from home on COVID 19 impact.

When asked if ZICTA has plans to coordinate an industry wide package of making internet and voice tariffs more affordable to customers during this COVID 19 pandemic,Corporate Communications Manager Ngabo Nankonde told the Zambian Business Times – ZBT in an exclusive interview that the mobile providers in Zambia are already offering cheap data and internet services to their customers and that the country is fourth in offering affordable internet services across the African continent hence will stick to that for now.

Given the country’s current situation of having imposed a partial lockdown on people’s movements to curb the spread of COVID – 19, the use of internet services and data bundles has become essential to most individuals and businesses across the country as most people have been confined to take up their work duties from home and students have to engage in learning online.

And in order to complement government’s theme of “ Stay home to keep safe” the Zambia Information and Communications Technology Authority – ZICTA has called on Zambia’s mobile network operators – MNOs and internet service providers – ISPs to intensify access of internet services and data bundles to the general public and ensure services being provided during this pandemic are of good quality.

Ngabo told ZBT that ZICTA will continue to facilitate and monitor ICT activities during this pandemic to avoid manipulation of information on COVID – 19. She said service providers should as well ensure that best services are being provided to enable people to continue socializing, learning and work through their phones and internet platforms even as they stay home.

She further stated that ZICTA has commended mobile network providers for the continued sensitization messages on COVID – 19 through their mobile services adding that the authority will as well be alert to monitor the dissemination of these messages on ICT platforms.

“In this regard, we are also urging the general public to stay alert and avoid fake information on COVID – 19. We understand that people are currently panicking to hear what is happening around, but you should only believe information that is provided by the ministry of health and official channels provided, She added.

Zambia has of April 8, 2020 recorded 39 laboratory confirmed positive cases of Coronavirus with one death recorded and 7 individuals recovered. Speaking at a media briefing on April 8, 2020 monitored by ZBT, Health Minister Chitalu Chilufya confirmed that the country has for the sixth day recorded zero cases of COVID – 19 and has urged the general public to continue adhering to preventive measures provided by government and practice social distance to mitigate further spread of the virus.

Information communication technology - ICT regulator -

The Copperbelt Energy Corporation – CEC and Zambia’s state owned power giant ZESCO failure to successfully negotiate and reach agreement for a new bulk supply agreement – BSA which came to an end on 31 March 2020 has been linked to the announced closure of Mopani Copper Mines – MCM.

An energy expert who spoke to the Zambian Business Times – ZBT but asked to have his identity withheld has linked the placing of Mopani Copper Mines – MCM on care and maintenance (which in effect is temporal closure of the Kitwe and Mufulira based mines) to the collapse of negotiations between ZESCO and CEC over BSA, which directly affects the energy costs for Mopani. The cost of power is a key component of the cost structure for an underground mine such as MCM.

Even last time when Mopani closed and sent away its workers, if you remember, it was the time ZESCO increased tariffs across board but the mine rejected the revised tariffs and CEC was forced to initially restrict power supply to the mine but later resumed supply.

On August 11, 2017, CEC then restricted power supply to one of their largest customers, Mopani Copper Mines from 190 megawatts to 94 megawatts officially stating that the mine did not want to pay the revised tariffs. Mopani then went on to state that they would retrench 4,700 workers and locked out the mine.

It had to take the intervention of the head of state, President Lungu who met with Glencore group executives for the mine to reopen. MCM influence on the economy of Kitwe, which is Zambia’s second largest city by population and Mufulira is so pervasive due to high reliance on the copper mine and lack of diversified economic activities.

The BSA which was entered into on 21 November 1997 had come to an end on 31 March 2020. Energy Minister Mathew Nkhuwa and ZESCO have confirmed to CEC and the nation of their position that the BSA will not be renewed at terms which have been described as ‘not beneficial to the Zambian people’.

On the other hand, CEC has indicated that it could not agree to terms demanded by ZESCO as they would injure the Corporation’s business model and impact it’s ability to continue operating as a going concern.

According to information made available to ZBT by CEC public relations advisor Muntanga Sibalwa on April 8, 2020, the Copperbelt based corporation had in the last seven weeks engaged ZESCO and the Ministry of Energy to put in place an interim agreement but that it became clear during the negotiations that the intension was to agree a wholesomely new deal with totally new terms, hence the two parties could not reach an agreement on account of certain new terms.

When pressed to state which specific terms are behind the bone of contention, CEC could not disclosed the terms imposed by ZESCO and when pressed to get further details on the options for CEC to develop its own power generation plants, Sibalwa was unable to share further information regarding the matter on what is believed to be high sensitivities around the negotiations.

CEC has since pledged to remain committed to continue providing seamless power supply services to all it’s customers (mining and non-mining customers) on the Copperbelt province while the parties continue to seek resolution of the outstanding matters and follow through with conclusion of the negotiation for a new bulk supply agreement.

“In this view, achieving a mutually acceptable bulk supply agreement between the parties remains of strategic importance to the electricity sector and the country. Therefore, CEC remains confident that the parties will use the next several weeks to narrow the negotiation differences gap, culminating into a new power supply agreement”, She added.

The company has also indicated that it will ensure that any agreement it enters into will be negotiated in good faith and reflect a fair outcome so as to ensure that CEC as a business continues to operate sustainably and in the interest of all it’s stakeholders who include shareholders, customers, employees, debt providers and many others.

The Northwestern province based copper mines, the includes Zambia’s largest miner, First Quantum Minerals – FQM’s Kansanshi and Kalumbila Mines, are directly supplied with power by ZESCO and are not affected by the stalled negotiations between ZESCO and CEC.

The Association of Mine Suppliers and Contractor’s issued a press statement on Monday 6 April 2020 accusing MCM of being insincere and using the COVID 19 pandemic and the downward trend in global copper prices as an excuse to exit the mine and Zambia.

The contractors association further stated that MCM has terminated a lot of local contractors jobs and has since moved its procurement office to South Africa, preferring to sub-contract jobs to foreign companies at the expense of local ones.

The Copperbelt Energy Corporation - CEC and

Maamba Collieries Ltd (MCL), the largest thermal power producer in Zambia has scaled-up efforts to stop the spread of COVID-19, by implementing stringent preventive safety measures.

Maamba Collieries Manager Yotham Phiri said MCL is treating the global pandemic with utmost seriousness, and taking all measures to ensure the health and safety of its staff, while also sensitising the community.

“We are alive to the gravity of the situation and are taking every possible precaution to prevent the COVID-19 infecting our people. Measures we have implemented include daily fumigation of all MCL buildings, equipment and vehicles to minimise contamination, as well as stopping all visitors. Our safety team is working hard to ensure every entry point to the mine and all buildings have sanitising equipment for our staff to use.” He said

And HR and Administration Manager Bwali Ndau highlighted measures to minimise person-to-person contact and ensuring social distancing and personal hygiene have been put in place.

In a statement made available to the Zamvian Business Times – ZBT on April 7, 2020 MCL has advised all employees who had travelled abroad on vacation, not to return to Zambia or if they return, to adhere to strict health guidelines and has stopped non-essential travel within the country, until the situation returns to normal.

MCL interventions against COVID-19 have also extended to the sensitisation of the local community, special sessions for school children on hygiene, helping the community with materials to ensure hygiene, as well as donating a critical care ventilator for treatment of infected personnel.

Meanwhile, in support of the request of the Sinazongwe Council, MCL has donated the much-need materials for the COVID-19 Isolation Site – including N95 masks, disposable overalls, gumboots, gloves as well as hand-washing facilities and personal hygiene items including liquid hand wash soap, detergent and much-needed fuel for vehicles.

Maamba Collieries is a key player in Zambia’s energy sector feeding 300MW into the national grid. Since the start of COVID-19 pandemic, MCL has ensured it remains at the forefront in the fight against the deadly virus in the country, through a strong demonstration of commitment to stringent safet

Maamba Collieries Ltd (MCL), the largest thermal

Following government’s closure of all learning institutions due to the global COVID – 19 pandemic, the University of Zambia – UNZA has resolved to conduct all teaching and learning activities through online and through e-learning platforms.

In this regard, the University has rolled out a fully-fledged online e-learning system for all University programmes using Moodle and Astria platforms. UNZA Registrar Sitali Wamundila confirmed in a statement made available to the Zambian Business Times – ZBT on April 7, 2020 that the e-learning platforms are ready for access by both students and staff.

He added that Staff and Students have since be informed that learning and teaching activities in all programmes and courses will commence on Tuesday, 14 April 2020.

“Students are therefore reminded that only those that are registered will be able to access the e-learning materials and other online services. It must also be noted that registration remains open and students are encouraged to pay their fees,” He added.

UNZA has since encouraged all mobile telecommunication service providers and internet service providers – ISPs to introduce special internet access plans or packages to reduce on costs associated with internet use and ensure universal access to internet for all students and staff.

Wamundila is also encouraging all students to acquaint themselves with the programmes and courses before classes commence on April 14, 2020 adding that all self-taught materials have been uploaded on the plartforms for an easier experience.

Meanwhile, the University was reported to have started carrying out research with the National Institute for Scientific and Industrial Research – NISIR to find a vaccine or cure for COVID – 19 under the K57 million contingency fund.

According to information obtained by ZBT, Minister of Higher Education Dr. Brian Mushimba disclosed that UNZA in conjunction with NISIR is collecting samples to understand the deadly pandemic and urged other institutions to emulate the gesture.

But when reached for a comment, UNZA researcher in the department of natural sciences Dr. Edgar Simulundu said the University has not yet received instructions or modalities on how the research will be conducted as no group has been selected to take up the study, hence no studies have been initiated or done in relation to COVID – 19.

He added that provided government gives modalities on how the study will be conducted, the institution is ready to collaborate with other institutions to study COVID – 19 with the aim of finding solutions on how to combat the pandemic.

Most learning institutions and schools in Zambia have resigned to fate, waiting for the end of the COVID 19 pandemic to resume classes. But some international schools, private schools and universities have only migrated from physical classrooms to online, avoiding the disruptions to the academic and teaching programs.

With the exception of rural based schools, modern technology offers the ability for switching from face to face to online learning methods seamlessly. But even rural based students and teachers should not be left out, solutions can be found.

Moreover, the Zambian government had embarked on putting up communication towers across the country to ensure universal access to data and internet services and this COVID 19 pandemic perhaps offers a silver lining for the ministries of communication and education to come up with methods to open schools and deliver lessons online.

Following government's closure of all learning institutions