Security and operational improvements at Kagem emerald mine

By mahlokoane percy ngwato

Stay connected! Follow @AfricaBizReview on Twitter and like our Facebook Page.

Kagem’s emerald mine at Lufwanyama has been fitted with state of the art biometric security technology which will prevent theft of its precious gemstones.

The 1.2 million kwacha equipment aims to minimise theft and thus increase turnover, enabling further development investment in the mine, which is owned by Gemfields Plc in partnership with the Zambian Government.

The company recently sold a 75 percent share to Gemfields plc: a mining company listed on the London Stock Exchange (LSE) which has been responsible for a wave of modernisation efforts in the business; the other 25 percent in the business remains in the hands of the Zambian government.

Kagem Chairman William B Nyirenda said: “Since Gemfields took over the operation of the mine in 2008 it has turned Kagem into a profit-making business that has paid taxes, royalties and dividends to the government for the first time in its history.” 

The biometric security system uses fingerprint recognition to enable workers to clock-in more efficiently; it also allows different sections of the mine to be cordoned off which vastly increases security.

Gemfields and Kagem are working together to develop a competitive and trusted source of ethically produced gemstones; the biometric technology is the first of its kind to be used in the Zambian gem sector and therefore marks a crucial step towards modern, transparent operations.

Check out the latest issue of African Business Review

Share

Featured Articles

Age of the CISO – a new chapter for cyber security

HE Dr Mohamed Al-Kuwaiti, Head of Cyber Security, UAE Government and Dr Aloysius Cheang, Chief Security Officer Huawei UAE, on the new age of the CISO

Exclusive: Making the UAE a global force in cybersecurity

His Excellency Dr Mohamed Al-Kuwaiti, Head of Cyber Security, UAE Government, on plans to build the world’s most secure digital society for a safer society

UAE cyber leaders – back to basics to prepare for the future

HE Dr Mohamed Al-Kuwaiti, Head of Cyber Security, UAE Government and Dr Aloysius Cheang, Chief Security Officer Huawei UAE, on the future of cybersecurity

Top 10: Procurement & Supply Chain LIVE speaker highlights

Leadership & Strategy

10 apps to improve wellbeing on World Mental Health Day

Leadership & Strategy

Meet the COO: Brook Sims of MAC Diversity Recruiters

Leadership & Strategy