July 2005


 

 

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July 2005

 

Four Metre Meat Eater

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Mazabuka Mumblings

COMING UP

POLO on the weekend of July 2 and 3 at Mazabuka Turf Club!  All welcome!

GOLF - Saturday, July 9 - Celtel Sponsored Day and Saturday, July 30 - EML Invitation Day.  Put your name down on the Club Notice Board a week before play.

MUSIKILI SCHOOL are having an Open Day on Friday 29 July, from 9 am to 12. All parents who are interested in visiting Musikili are very welcome to come and have a look at the School. Musikili is a primary school, taking in children from the ages of five to thirteen years, Grades 1 to 7. There is absolutely no obligation and they'll be very happy to show parents around the school and to answer their questions.

The Musikili sponsored golf day was, as usual, a great success both as a fund raising venture and social occasion and the school would like to thank their sponsors, the participants, the PTA, who organised the event and everyone else who contributed towards its success. 

MORE SOCIAL INVESTMENT INPUT! - It's always great to see genuine concern from large businesses in a community taking on projects that will benefit the population - particularly the economically stressed.  At a ceremony at KASCOL  (Kaleya Small Holders) that was held recently, MD of Zambia Sugar, John Moult, on behalf of the company, presented the seal of the Mazabuka Sugar Cane Growers Trust to Kascol Trustees, effectively handing over ZS's shares back to the small holders.

Zambia Sugar is one of the four founding shareholders of the Kaleya Smallholders Company and up to now, has held 25% share capital in the company. The investment of Zambia Sugar in KASCOL was for the purpose of developing and enhancing the capacity of Zambian small scale sugarcane growers. Pursuing this objective, Zambia Sugar’s Board approved the transfer of the company’s shareholding (valued at approximately US$1.5 million or K7 billion) in KASCOL into a registered Trust in January 2005. The Trust was registered on May 18, 2005 when the Minister of Lands issued the certificate of incorporation to the Trust.

The incorporation of the Mazabuka Sugar Cane Growers Trust marks the end of Zambia Sugar’s holding in KASCOL. Zambia Sugar, as required by the Trust Deed, has nominated a Trustee who will serve along side the Trustee appointed by the Zambian small scale sugar cane growers. Zambia Sugar does not control the Trust . In future it will be up to the Trustees to nominate who will represent them on the KASCOL Board.

The Mazabuka Sugar Cane Growers Trust will promote and facilitate the development of sugar cane growing and related activities by Zambian small and medium sugar cane growers in Mazabuka. The income, represented by dividends received from KASCOL which are expected to be approximately ZK1.2 billion annually, will be distributed (as per the rules to the Trust), to eligible Zambian small and medium sugar cane growers in Mazabuka.

BARLOWORLD HELP LOCAL WIDOWS AND ORPHAN'S EMPOWERMENT SCHEME - At the Grand Opening of Ndekeleni Development Foundation, a Widows and Orphans "Centre of Hope" in the Ndeke Community sponsors, Barloworld, pledged a further K 40 m to the project to go towards the building of  a proposed Craft Centre and workshop.  Barloworld MD , Peter Malley, said that he was very impressed to see how far Ndekeleni had come since  its inception two years ago. In that time they have started up a successful tailoring and knitting programme that involves making garments to order and have trained widows and orphans to sew, knit and make baskets.  They have also set up a successful and well trained Home Based Care unit that services over 200 patients in the Ndeke community, one of the poorest communities in Mazabuka. Barloworld also donated two more sewing machines to the project and the locally based Bhagoos Group of Companies kindly donated cement for the new Centre.