Economy

Mopani Retrenchment Exercise Records 44 Exits

The Mopani Copper Mines voluntary separation program is in motion with 46 people being the latest retrenches.

Mopani Copper Mines has been playing down the magnitude of the separation exercise with workers encouraged to take up the voluntary separation option.

In October the mining firm wrote to its workers encouraging them to consider going on voluntary separation of which only 46 have responded and were discharged in November.

Company Public Relations Manager Nerbet Mulenga said the company will continue to review production costs on its operations so as to work efficiently in the face of the current high operational costs.

“We have continued reviewing the costs throughout the life cycle of our operation to ensure the company can continue to operate efficiently, safely and sustainably in the face of the current high operational costs. In October 2018, Mopani launched a Voluntary Separation of Service exercise for employees who wished to take a voluntary separation package or go on early retirement,” he said.

“We have been open about this process, which has been communicated to employees and the Unions. Forty six of the employees who applied and met the criteria for voluntary separation of service were released in November 2018.”

He said the Company’s priority remains to optimise operations and ensure to have a mine that provides a return on investment and long-term benefits for all stakeholders.

7 Comments

  1. Reasonata

    The consequences of Central Govt .. Bad Policies .. See attach story

    Mines have no choice but to cut further Investments and scale down productions because of a Lusaka Technocrat who believes high taxes develop the country .. Very Dumb ..

    Let the Copperbelt Province be autonomous and they will do all they can including removing completely Royalty tax to preserve their jobs and communities..
    Decentralisation NOW !!!

    Reply
    • Zamzam

      Investors are wicked all the want is arm twist the government so that they don’t pay taxes to the government

      Reply
  2. Gangsta grabs

    I have fired chi bitch chaku ndola,too much water

    Reply
  3. Herv Rena

    Nomba nikwisa twakulaingila amachito nothing works out pa z.

    Reply
  4. Circles

    Poor government policies on mining industry ,mopani since inseption it doesn’t make profits,I don’t know how true this is, and to run away from increasing it’s employee s salaries it brings up this stupid idea to threaten the gvt so that even if salaries are not increased the gvt will support them, this company has subjected it’s employees to abject poverty

    Reply
  5. sem

    Mmmm this is too much,we dn’t even know we’re we are heading 2.

    Reply
  6. vjmeazi

    vikamba

    Reply

Leave a Reply