
Move🦬
624 posts

Move🦬
@WhedbeeJason
Simply living life. I live in the moment.






UPND v PF is funny because we’ve lived in both timelines and the UPND’s biggest selling point in 2026 is that PF was bad. Cost of living is worse, poverty levels are worse, purchasing power of the ZMW has significantly declined and don’t forget the worst load shedding ever.



The chickens have come home to roost. Milingo Lungu who was the provisional liquidator for KCM is yet to account for the US$100m advance payment that Trafigura made to KCM. ZCCM-IH signed a guarantee basically saying that if KCM doesn't honour the agreement, come to us. Well in 2023, Trafigura did go to ZCCM-IH and demanded payment under the guarantee. ZCCM-IH didn't pay so in Feb 2024 Trafigura filed for arbitration against ZCCM-IH in London. On 16 Dec 2025, the tribunal issued a Partial Final Award, basically saying that ZCCM-IH can’t simply say “that guarantee doesn’t count.” The tribunal said it does count and it legally binds ZCCM-IH. Trafigura’s claim is for US$82,807,254.68 ZCCM-IH now has 6 weeks to submit which parts of the US$82.8m it says are not valid, and why. Then Trafigura will have 3 weeks to respond. Either way, Zambian tax payers will be paying this money which was looted. when KCM was under the provisional liquidator. PF was something else





























