Government says it will continue to create an enabling environment aimed at generating mutual benefits for investors and Zambia.
Minister of Mines and Minerals Development Richard Musukwa says for mutual benefits to be attained, investors need to comply with the law and it is government’s duty to make it easy and possible for investors to put money into the country.
Mr. Musukwa emphasized that the Mining sector will continue being private sector driven that improves the lives of workers, Zambians at large and profits for investors.
The Mines Minister was speaking in Chililabombwe on the Copperbelt during a meeting with Lubambe Mine Chief Executive Officer Nick Bowen.
Mr. Musukwa stated that the issue of Konkola Copper Mines is an isolated case which is largely triggered by the investor’s failure to comply with conditions set out in the license.
He added that KCM is bleeding before the liquidator came in and Government’s decision was done in the best interest of the Mine and the workers.
Mr. Musukwa re-affirmed Government’s position of not allowing investors to take advantage of millions of Zambians.
And Mr. Bowen expressed happiness with Government’s decision to dialogue with Mining houses on challenges that the sector is facing.
He projected an increase in Copper production and that the mine has not recorded any accident this year.
Mr. Bowen added that Lubambe will continue working with Government on key issues surrounding the Mine in the best interest of Zambians.
This is according to a statement issued to the Media by Ministry of Mines and Minerals Development Public Relations Officer Lucy Shawa.
It is also Govn’t responsibility that the investors adhere to laws of the land and follow contractual obligations.
When I get in power Iwill enact the law that every investor wishing to investor must first meet social responsibilities test. We must first improve living conditions of locals before profit. Zambia for All
Richard resign like Amos and get a job at Vendata.
Wrong man for the job!
Kubwatabwatafye!
Ati Zambians can run the mines but meanwhile they are failing to run Ndola Lime and all you hear is them giving a tender to an Italian shelf company and after making the payments they wind up the operations and pocket $100Million!
What does the minister have to say about that? We expect the worst with KCM!
Beware of these foreign companies. South African billionaire Motsepe has been interfering with politics in Botswana by sending millions of dollars to the opposition. This has led to the former President Khama to quit his party.