Malumalu Construction Company and Completed Projects
Malumalu Construction is an established and respected general contractor within the Zambia construction industry and has completed numerous contracts for both the public and private sector. We have successfully completed a broad range of projects where we have implemented our building, civils and roads & earthworks capabilities. Our successful service delivery, our talented teams, expertise, experience and our reputation within the industry have established Malumalu Construction company as one of the preferred construction companies in Zambia.
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Victoria Falls Lunar Rainball
The Victoria Falls is sometimes opened to the public at night for tourists to view the lunar rainbow. This is the only place in the world where you could view the lunar rainbow. The other water fall which used to have this spectacular view was the Niagara Falls in America, but lighting system of New York City has distorted the lunar rainbow. The lunar rainbow appears during high water levels. To get a lunar rainbow you need a full spray for the moon’s light to shine through on nights that are clear so that the clouds do not obscure the moon. Depending on the moons position, the rainbow takes different shapes by rising form the gorge to the Falls lip and rising from the gorge away from the lip.
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South Luangwa National Park
Experts have dubbed South Luangwa to be one of the greatest wildlife sanctuaries in the world, and not without reason. The concentration of animals around the Luangwa River, and its oxbow lagoons, is among the most intense in Africa. The Luangwa River is the most intact major river system in Africa and is the life-blood of this 9059 km2 Park. The Park hosts a wide variety of wildlife, birds and vegetation. The now famous ‘walking safari’ originated in this Park and is still one of the finest ways to experience Africa’s pristine wilderness first-hand. The changing seasons add to the Park’s richness, ranging from; dry, bare bushveld in the winter, to a lush, green wonderland in the summer months. There are 60 different animal species and over 400 different bird species in South Luangwa National Park. The only notable exception is the rhino, sadly poached to extinction.
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Ministry of Finance takes note of mining taxes statement by Zambia Chamber of Mines
The Zambia Institute for Policy Analysis and Research has warned that imposing significant new charges in the mining sector at a time of declining international demand for copper may have adverse impacts on Zambia’s economy. Mineral Royalty rates have been increased in the 2019 National Budget by between 25 percent and 67 percent across the different price bands which represents a 25 percent increase in fees at current copper prices. The Zambia Institute for Policy Analysis and Research Knowledge Manager Euphrasia Mapulanga said even if revenue is higher, the charges could cost Zambia economically if investment is deferred or production lowered as was the case in 2015.
Meanwhile, Ms. Mapulanga said the 4 percent Gross Domestic Product Growth projected in the 2019 National Budget is achievable but not without risks. She has noted that the debt burden, exchange rate volatility, subdued growth rates in agriculture caused by climate change could all persist in 2019 and has called on Government to focus on playing a more facilitative role in creating a conducive environment for private sector investment, and a private sector led recovery in order to mitigate the impact in the face of fiscal consolidation. “This also calls for elimination of constraints that make it difficult for the private sector to contribute positively to economic growth and therefore achieving the set growth target for 2019”, She added. And on Public Resource Management, Ms. Mapulanga has called on Government to lay a strong foundation for fiscal consolidation by implementing the improved resource management processes pronounced in the 2019 Budget.
“These and measures from previous Budgets including the Revision to the Public Procurement Act, the National Land Titling Programme, The Planning and Budgeting Bill and reforms to improve the efficiency of State-Owned Enterprises that are yet to be implemented are long overdue”, She said.
By Lusaka Times
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