PRESIDENT WANTS ZAMBIANS TO DERIVE GREATER BENEFIT FROM MINING SECTOR

LUSAKA — Zambian President Edgar Lungu has despatched a team of four Cabinet ministers to Copperbelt Province to engage mining companies there on the need for Zambians and Local contractors to start deriving maximum benefits from the country’s mineral wealth.

Minister of Mines Richard Musukwa says it is clear that all the major contracts in the mining sector on the Copperbelt are in the hands of foreigners, a development which must be checked immediately.

He told the Zambian National Broadcasting Corporation (ZNBC) in Kitwe in Copperbelt Province at the weekened that the delegation, led by Presidential Affairs Minister Freedom Sikazwe, and also including Minister of Home Affairs (Interior) Stephen Kampyongo and Copperbelt Minister Japhen Mwakalombe, would fight for a win-win situation in the sharing of business, jobs and other benefits from the mining sector.

Musukwa said the government wanted to provide an enabling environment for investors in the mining sector to flourish amidst booming copper prices but at the same time ensure that the proceeds from these minerals also improve lives for ordinary people in the region.

Source: NAM NEWS NETWORK