Sat, 20 May 2017 09:56:27 +0000 By BENNIE MUNDANDO & ROGERS KALERO DETAILS have emerged that Malawian Prophet Shepherd Bushiri’s planned trip to Zambia was meant to finalise modalities to facilitate for the opening of Shepherd Bushiri Mining Limited, an emerald company in Lufwanyama district in which he owns 60,000 shares. According to documents from the Patents and Companies Registration Agency (PACRA), Bushiri and three others registered the company on September 15, 2017 after buying it from the previous owners, Malabo Emerald mine. Prophet Bushiri owns a lion’s share while the other two Zambians Douglas Moyo and Caphus Lumanto own 13,330 shares each while another Zambian, Reuben Mpando, owns 13,340 to complete a 100,000 company shareholding. However, sources close to the development said Prophet Bushiri’s main reason of coming to Zambia was to finalise with the Zambia Environmental Management Agency (ZEMA) and ensure the facility met the requirements for its reopening. Sources told the Daily […]
