Sunday, December 26, 2010

CEC signs land agreement with N/West chiefs

CEC signs land agreement with N/West chiefs
By David Chongo in Solwezi
Sun 26 Dec. 2010, 04:00 CAT

COPPERBELT Energy Corporation (CEC) and two chiefs in North Western Province have signed an agreement for the release of 15, 000 hectares of land toward the construction of the Kabompo Hydro-power station beginning in 2011.

The agreement which was due on Tuesday between CEC and senior chief Musele of Solwezi and senior chief Sailunga in Mwinilunga was finally appended to on Wednesday after delays following some concerns raised by the traditional leaders.

And North Western Province permanent secretary Daniel Bowasi said the region was poised for unprecedented development following the proposed investment in power generation.

Bowasi said energy was extremely important to the region as high-energy demanding industries set up in the area.

“Energy is extremely important to our mines and is extremely important to the development of the entire province. This investment must benefit the people in which they operate. Kabompo will not be like the power projects in Southern Province where it passes the local people,” he said.

Bowasi said the government was putting emphasis on the generation of power in the region as it had great potential to alleviate the pressure on the existing power stations.

The project that would displace about 29 families around Kabompo Gorge and would cost $120 million is expected to generate 40-megawatt of electricity when it’s finally completed by 2015.

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Thursday, April 30, 2009

(LUSAKATIMES) New Zambia Public Procurement Authority to promote transparency

New Zambia Public Procurement Authority to promote transparency
Tuesday, April 28, 2009, 21:48

Government says Zambia Public Procurement Authority (ZPPA) which has replaced the Zambia National Tender Board will be transformed into a fully fledged regulatory body in two years.

Financial Management and Administration Acting Permanent Secretary, in the Ministry of Finance, Daniel Bowasi said currently the Ministry of Justice was drafting the procurement regulations to be followed by the Authority.

Mr. Bowasi pointed out a framework to guide the procurement processes was receiving appropriate attention following wide consultation with other partners.

He was speaking in Lusaka today at the public procurement meeting held under the Public Expenditure Management and Financial Accountability (PEMFA) programme.

Mr. Bowasi further said that the Ministry of Finance and National Planning had signed a Memorandum of Understanding with PEMFA to commence the implementation of comprehensive public financial management reforms.

He said the transformation of the public procurement guidelines and procedures would promote transparency, accountability and efficiency in the public procurement system which would improve financial expenditure management.

Mr. Bowasi said the procurement reforms would also ensure prudent use of national resources thereby supporting poverty reduction and economic growth among other things.

He added that progress in the reform process had been recorded through the implementation of expenditure and budgeting policy based on the Fifth National Development Plan (FNDP).

Mr. Bowasi said a computerized control system has also been implemented resulting in reduced expenditure arrears.

Mr. Bowasi also disclosed that government has instituted legal reforms to support on-going public financial management reforms.

ZANIS/MP/AM/ENDS

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