FDD leader Edith Nawakwi has observed the need for stakeholders in the country’s mining industry to come up with measures that will address youth unemployment in the country using resources from the mining sector.
Commenting on a presentation by the world bank at the 5th Zambia Economic Brief at Pamodzi Hotel in Lusaka the opposition leader said the country needs to take a leaf from other mining countries such as Chile which has ensured that its people benefit from their resources by structuring up win win policies.
She explained that youth unemployment can significantly reduce if stakeholders such as the World Bank, Mining Companies and the Government itself come up with strategies would help not only the mining communities but the government in its fight against youth unemployment.
” is there no possibility that the Government, the Mining houses and the Communities could get together and adopt the same situation that we find in Chile were monies are put in a pool to specifically address youth unemployment with or without high income? I saw that there was a request on how should Government behave when the mineral prices are low but how should Government behave when prices are high?” She wondered.
She added ” is there a possibility that Government, the World Bank and the Mining houses could sit together and craft something for us so that we address youth unemployment in the country using resources from the taxes from the Mining houses and contributions from government so that we can address youth unemployment in the mining communities.”
And speaking when she officially released the brief entitled Making Mining Work for Zambia: the Economic, Health, and Environment Nexus of Zambia’s Copper Mining Economy, World Bank Country Director fro Zambia, Malawi and Zimbabwe Kundhavi Kadiresan noted the importance of the mining sector in providing tax revenue, foreign currency, and jobs for the country adding that It was important that decisions which are made be conducive for sustained growth of the sector as well as national wealth.
Mining is an important source of tax revenue, foreign currency, and jobs for the people of Zambia. It is therefore important that decisions made are conducive for sustained growth of the sector and national wealth,” said Ms. Kadiresan.