Zambia has not realised full benefits from mining-Yaluma

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Mines Minister Christopher Yaluma has charged that Zambia like other African mining countries has not realised the full benefits from mining.

Mr Yaluma said mining represents potential wealth for many economies in Africa with a variety of benefits including job creation, export earnings, skills transfer,and industrialisation through value addition which have not been fully realised.

The Mines Minister was speaking on Monday evening in Cape Town, South Africa when he featured on a panel discussion during the launch of the State of Mineral Governance in Southern Africa report on the sidelines of the ongoing 2017 Mining Indaba.

Mr Yaluma said the report brings out key issues relating to sector performance and mineral governance across the Southern African region including the shortcomings and the possible interventions that can be adopted to ensure increased accountability and transparency in the sector.

He observed that it is important to take cognisance of the fact that over the years, African countries have been instrumental in implementing several initiatives aimed at increasing transparency in the extractive sector.

Mr Yaluma highlighted initiatives such as the Publish What You Pay, African Peer Review Mechanism (APRM), Extractives Transparency Initiatives (EITI), Kimberly Process Certification scheme (KPCS), the African Mining Vision (AMV) and many others aimed monitoring the behaviour of companies and government in an effort to increase transparency and accountability.

He said Zambia has not lagged behind and has been implementing initiatives such as the EITI.

“Zambia joined the EITI in 2009 as a candidate country and became compliant in 2012. The EITI process publishes information on payments made by the mining companies and revenues received by government from the mining sector,” Mr Yaluma said.

Mr Yaluma also announced that Zambia has commenced the domestication of the African Mining Vision which advocates for transparent, equitable and optimal exploitation of mineral resources to underpin broad-based sustainable growth and social economic development.

The Mines Minister is leading a high powered Zambian delegation to the Mining Indaba which includes Copperbelt Minister Bowman Lusambo, Deputy Secretary to the Cabinet Christopher Mvunga and officials from ZCCM IH.

 

20 COMMENTS

  1. take a break you! Everyday its you muma news like you are telling the truth! Which Miners have been employed back ku Kcm naku Mopani?

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    • If you think that the scramble for Africa ended in the 60s, then you’re gravely mistaken. Because the scramble is still alive and well, disguised as international companies who come to Africa to “invest,” and do business. And in most cases, these companies are poorly vetted , highly sophisticated mobs. They’re usually represented by clean cut, smooth – talking individuals, with double- breasted suits, shiny shoes, well manicured fingernails, expensive cologne — but alas, they’re nothing but crooks in disguise. And their goal is the same as it has always been — to come into Africa and plunder it’s riches with the help of African traitors. Some of these companies are nothing but organized gangs who may prove to be too hard to control. And Africa will continue to lose it’s…

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    • (Continued)… valuable resources from Cape to Cairo, until patriotic Africans begin to stand up to these crooks and hold them accountable. For instance, some of these mining companies from abroad come into our African countries and sign contracts with our incompetent government officials — contracts which they know very well, that they’ll not respect or abide by ( remember the Rudd Concession). And when they begin to mine, they don’t follow safety regulations for their workers, because they know African leaders don’t care about their people anyway. So it’s poor African workers that get to pay the price by needlessly dying in these mines as they endeavor to extract riches from the ground, to hand over to these international crooks. Furthermore, these crooked companies begin to dump…

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    • (Continued)… toxic waste into our rivers, and releasing poisonous fumes into the atmosphere, causing lung diseases to our people — something they know pretty well that any developed country would never let them get away with. But because it’s Africa, nobody cares. Right? When they get sued, they’re protected by the African traitors, their stooges — the so called African leaders. And finally, to add salt to the injury, these companies, after extracting a lot of wealth from our African countries, they even refuse to pay taxes. Meaning they’re just extracting our resources for free! FREE! Can you imagine that? FREE!!! Wake up Africa! Find ways to deal with these crooked companies. Vet them properly before you allow them into your countries. Double check their claims in their home…

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    • (Continued)… countries, and make sure you’re not dealing with organized criminals. If you think they’re are beyond your business negotiating ability, hire someone competent to deal with them. Make sure they’re held accountable. Also hold our so called leaders, who collaborate with these international crooks, accountable. Finally, Africa should begin to find ways to empower it’s own people to get involved in these businesses, instead of always relying on overseas companies that don’t give a rat’s behind about Africa, and whose only goal is to continue rap1ng our continent. Peace.

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  2. What is new about this. This is common knowledge you are in government since 2011 now six years. Do something about it not just talking. But hardly surprising that ineptitude is what this government is about. High powered delegate Lusambo my foot. Then we wonder why the country can’t progress.

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  3. ULIWABUFI MUDA IWE NO MINER HAS BEEN RE-EMPLOYED AT KCM NAULYAMO FYE TWALIMISHIBA IMWE AND THE STORY IS ALL OVER THE TIMES OF ZAMBIA BUT THIS COUNTRY IS COMEDY

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  4. He’s speaking like he never grew up in Zambia, like he came from another planet. In the days of Kaunda, ZCCM paid for our education, built all we know as Zambia today. We owned 52% of the Mines. It’s unbelievable that a Minister of Mines can be saying such words.

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  5. Point on mining in Zambia haven’t benefit any common man but politicians moving with brown envelopes.. Yesterday it’s the same this minister who was praising kcm that they are here to stay.. When he knows very well that so long indians are at the helm of kcm the mining company is doomed…kcm plant machinery is obsolete no pay rise for workers now 5 years on the line..

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  6. Simply say the minister is leading a delegation.High powered delegtion for what mwebantu ni ku nkondo?

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  7. This has to be the biggest educated fooool in govt…the man is a dullard. When you look at his CV you think there is matter in his head BUT the guy is an absolute empty tin like Lazy.

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  8. Another lazy brain wasting our time as minister of mines. He has no idea on how to make the Mines become a positive force for a better Zambia the way KK did!

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  9. Ati KCM investing $4bn!! just last month you where fighting running battles just to get workers and contractors paid on time. Why do you waste people’s time? We have wasted our opportunity to benefit from our mines because the leaders we have been having are selfish and greedy. They eat on one side of the mouth while telling people something esle. We are doomed.

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  10. Just pay contractors including your relative Chishimba Chimbwili Mwamona Nomba company. He cried all over the media PF not paying contactors. By the way, you Yaluma vowed not to leave CB till all contactors are paid. So you lied as per PF legacy ‘ Donchi Kubeba’. Typical Bemba.

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  11. Is Lusambo high powered part of deligation, in which sense? He is just a simple cadre with long history of throwing stones in MMD he is now a Caretaker at Provincial Ministers Office where he does not understand anything apart from going round markets and standing in front of cameras. By the way which grade is he, a simple grade 12 with vast experience in insults?

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  12. @ Jay Jay…you have always been a hater of Minister Yaluma. You always post nonsense and never talk facts. I bet you failed grade 12 seveteen times per hour. You sound like a guy who has a tight grip on beer 24hrs per day.

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    • The minister is an empty suit…he goes to this venue every year talking the same rubbish…there is absolutely nothing he has done at mines apart from closed door meetings with the mine owners where he is short-changed because he is a dullard.

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  13. @Jay Jay…When are you going to sober up and stop blowing hot air with the assistance of castle light.

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