VEEP commends Lumwana Coppermines

Vice president George Kunda has commended Lumwana Copper Mines (LCM) of North Western province for its commitment to transform the Zambian economy.

Mr. Kunda observed that there was tremendous transformation in the town of Solwezi due to the operations of LCM.

“Lumwana has done wonders for the people of Zambia it has seen major transformation in the town of Solwezi since the time my national service in 1975,”said Mr. Kunda.

Mr. Kunda said during a luncheon held in his honour at the ongoing Copperbelt Agriculture and Commercial Show, that it was gratifying that LCM was committed to help the Zambians when most investors had pulled out their shares due to the global economy crisis.

The Vice President further expressed happiness with the organization of this years CMACS and commended the show chairman Mr. Bill Osborn.

He further noted that he was impressed with all the exhibitions whom he described as optimistic despite the negative effects of the global economic recession.

Mr. Kunda however noted that government would continue to devise good polities and create an enabling environment to attract credible investment in the country.

He further said government was committed to diversification of the economy to agriculture as it is the main stay of the country.

The Vice president added that diversification to agriculture offered an opportunity for job creation and an increase in government revenue.

Speaking at the some function LCM chief Executive Harry Michael indicated that mining industry had experienced a difficult rime due to the negative effects of the global recession.

Mr. Michael noted that hence there was a need to move away from copper and diversify the economy.

He urged government to encourage more mines to invest and create wealth and employment in the country.

He commended various stakeholders fro the theme “productivity in diversity” noting that it captured challenges and opportunities the industry had been facing.

ZANIS