SANFRONSA MANYINDA AND BUUMBA CHIMBULUTHE discovery of extensive overpricing of operational costs by Glencore forced Government to assume control of the company to save jobs and ensure profitability.A study by consultants after Glencore put the mine on care and maintenance according to mines Permanent Secretary Barnaby Mulenga, reveals that Glencore inflated the costs of procurement, goods and services as well as how much was paid to expatriates at the Mopani Copper Mines.The Mine Contractors, Factories and Allied Workers Union (MCFAWU) has confirmed the rampant cheating on the mines.And Mr Mulenga said the detailed investigation of Mopani involved the Zambia Revenue Authority, Ministry of Finance, Ministry of Mines and Ministry of Labour to check what was happening exactly at the mine when Glenore indicated that they were pulling out.Mr Mulenga said a detailed report conducted around May up to end of July 2020 revealed and proved that the provision of goods and services among others were […]
Cheating mines exposed – Glencore inflated the costs of procurement
