Sunday, October 6, 2024

President Hakainde Hichilema has concluded his two-day working visit on the Copperbelt province

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President Hakainde Hichilema has concluded his two-day working visit on the Copperbelt province, where he engaged with stakeholders in the mining sector, met with students, opened a new factory, and spoke with the public about his government’s plans for economic development.

During his visit, the president announced that the government had successfully sourced funds to boost copper production at Mopani Copper Mines, one of the country’s largest mining firms. With the new funding, the government hopes to improve the operations of Mopani and increase copper production to 3 million tonnes in the next ten years, in line with the government’s determination to increase the country’s copper output.

“Zambia is the second-largest producer of copper in Africa, and copper exports account for around 70% of the country’s export earnings. The mining sector is a crucial part of our economy, and we are committed to addressing the challenges it faces to ensure that it continues to contribute to our country’s economic growth and development,” President Hichilema said.

The president’s commitment to addressing the challenges facing the mining sector has been welcomed by stakeholders in the industry, who have been facing a number of challenges in recent years, including declining copper prices, high production costs, and labor disputes.

Speaking during a visit to Mopani Copper Mines, President Hichilema said that the government’s efforts to address the challenges facing the mining sector were aimed at ensuring that Zambia’s natural resources were used for the benefit of the country’s citizens.

“Our government is committed to ensuring that the mining sector is managed in a way that is transparent, accountable, and beneficial to the country. We are taking steps to address the challenges facing the industry, including sourcing funding for Mopani Copper Mines and resolving issues at Konkola Copper Mines,” President Hichilema said.

Stakeholders in the mining industry have praised the government’s efforts to address issues in the sector and called for continued engagement with stakeholders to ensure that the sector is managed in a way that is beneficial to all.

“The government’s move to source funding for Mopani Copper Mines is a positive development for the mining sector and the country’s economy. Mopani is one of the largest employers in the region, and the company’s success is critical to the livelihoods of thousands of people in the area,” a representative from a labor union in the mining sector said.

In addition to the funding for Mopani Copper Mines, President Hichilema also called on the business community to take advantage of the conducive environment and set up factories to contribute to job creation and economic development.

“The New Dawn Government has opened up Zambia to investment by creating favorable conditions for enterprises to thrive. The time is right for business houses to take advantage of the enabling economic environment and set up factories where government entities and other organizations can procure uniforms and other requirements, a situation that will result in more jobs for citizens,” President Hichilema said.

During his visit, President Hichilema also met with students at the Copperbelt University and engaged with the public on radio and other media platforms, highlighting his government’s plans for economic development.

“We are committed to ensuring that Zambia’s economy grows in a sustainable and inclusive way, creating jobs and opportunities for all citizens. We believe that by working together, we can achieve our goal of a better and more prosperous Zambia,” President Hichilema said.

The president’s visit to the Copperbelt province was part of his government’s efforts to engage with stakeholders in the mining sector and address the challenges facing the industry. The government’s efforts to boost copper production and address issues in the mining sector are expected to have a positive impact on the country’s overall economic growth, ensuring that the country’s economy remains resilient in the face of global economic challenges.

9 COMMENTS

  1. This a president who is working to benefit all Zambians.
    Where as the opposition are bush politicians who are petty and talk nonsense.

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  2. “and spoke with the public about his government’s plans for economic development.”-LT

    Where are GRZist to propose checks and balances to political parties is illogical?

    IMF are you reading the above article? Would you condone these in your economies?

    “the president announced that the government had successfully sourced funds to boost copper production at Mopani Copper Mines,”-LT GRZ what’s going on are you putting yourself and your desires above others.

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  3. We thank God for the commitment of our president and the new dawn government so on mopani copper mine,we need more investors even for kcm..

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  4. Con artist at work! HH is a fraud! He enjoys listening to himself. Red carpets everywhere is the order of the day.

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  5. @Ben, are you living in Zambia or abroad? If you are around then you must be living in fool’s paradise! You shut your eyes to reality on the ground. The man in Community House is full of rhetoric and void of action.

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  6. Well done Mr. President, boost the mine sector, construction and Agriculture you will see that micro and smes and macro-medium manufactures will create a lot of jobs in the Country. Also come to Sinazongwe District were there are hampers of Lithium for electrical motors. We rally behind you, but crop out those ministers who are just increasing number in cabinet. Bring new blood with new technical ideas. We thank you.

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  7. “With the new funding, the government hopes to improve the operations of Mopani and increase copper production to 3 million tonnes in the next ten years, in line with the government’s determination to increase the country’s copper output.” This is perfect news for paise singers. Hakainde should join the podium and produce talk shows for the American media.

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    • @Kelvin D Mulanga. Our journalists should have asked him how much is this new funding and where is it coming from? Let him just go to Lusaka brush his teeth, kiss Mutinta good bye, pick up his bag and go to Addis…what a waste of space this muppet is

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