Saturday, November 9, 2024

President Hichilema Hosts Saudi Delegation for Mining and Investment Discussions

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President Hakainde Hichilema hosted a delegation from Saudi Arabia, led by Abdulrahman bin Khalid Albalushi, Undersecretary in the Ministry of Mineral Resources Management, at State House. The delegation is attending the ongoing inaugural Mining and Investment Insaka in Lusaka.

President Hichilema expressed gratitude for Saudi Arabia’s support, including the King Salman Bin Abdulaziz Hospital under construction in Lusaka. The discussions focused on joint investments in sectors like mining, energy, tourism, and agriculture, with a commitment to ensuring that Zambians benefit from natural resource endowment through value addition.

The President highlighted Zambia’s eagerness to learn from Saudi Arabia’s successful management of its natural resources, such as oil and gas, to improve the welfare of its citizens.

33 COMMENTS

    • Stop them slave trading Arabs from skinning Zambia’s land and stealing our minerals under the false pretense of ‘investment’. They took slaves from what is now the Northern Province of Zambia, via Zanzibar, and loaded them onto the notorious Arab dhows (simple ships), and their descendants are languishing as the blacks of Saudi Arabia.

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    • Very negative chaps, You had no problem with chinese people everywhere, now you have a problem because this responsible govt is bringing proper investors not the infestors you left us with.

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    • @Kabola… what makes you think we don’t resent the Chinese? Actually it’s you Upnd who didn’t like the Chinese but now you fawning with tails between your legs before the same Chinese.

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    • Besides cutting up journalists, I wonder what they thought of these unreligious Zambians for making them sit on the same table with WOMEN! I bet they were gritting their teeth each time any woman stood up to speak. Can women drive in Saudi Arabia?

  1. Signing efforts appreciated the past 3 years but concern is the trickle down effect to the common man which is taking for ever to materialise if it will ever will

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  2. It’s always making headlines in Zambia about
    a delegation arrived for New investments.Just
    To give hope to Zambians.As we have seen in
    The past with all the pledges nothing much
    Seen as we are still experiencing twenty hours
    Of load shedding.

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  3. My concern is where is all the power going to come from ?
    Plus where ever these delegations go they have power 24/7 at the expense of others EG: Emergency loadsgedding

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  4. Kainde Chilema loves to showcase himself. Nothing will come out of this… he must just resign please!!! We are tired.

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  5. It is so sad that pipo are taken for a long ride by these politicians. You see at one time i wanted to be a politician but i did not know much about ubufi, corruption, conspiracy, betrayal & murders.. so i became a great business man & an investor

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  6. As we approach the 60th anniversary of our self-rule, it’s crucial to reflect on the economic principles that underpin sustainable growth. When we gained independence, our nation was in a position to surpass even Saudi Arabia in various developmental metrics. However, over the decades, we seem to have strayed from the foundational economic tenets that propelled us forward.

  7. It’s imperative that we re-evaluate our approach and prioritize the principles that once guided our economic policies. By doing so, we can work towards reclaiming our position as a leader in the region, ensuring that our independence translates into genuine economic empowerment for all our citizens.

  8. Zambians mulomo too much, some of you here cant even run a katemba but busy running your mouths. Nothing good has ever come from you people…You hated ECL and now its HH. Looking for investments is not an easy thing. Lets hope something good comes out of these discussions…lets us be optimistic people.

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    • Why must we be looking for “investment” from foreigners all the time? Our friends in West africa have realised that they need to own their economies in order to progress. Why are we still colonised in our thinking that we have to always believe only foreigners can develope our economy. It’s better to be poor and own our wealth than to be “developed” and our resources are owned by foreigners.

  9. The whole world knows that Zambia is on sale. It’s land, it’s minerals, and all it’s wealth. The people will be reduced to being peasants, while a foreigners will own everything and a few local elites will serve the interests of the foreigners. This is how the cabal that controls most of the western influenced governments operates.

    • Why can’t we make our own money like these people did? We’re like someone who is always borrowing money from workmates who get the same salary like him

  10. Whatever you are given free, you should always ask, ‘What is in it for them?’
    I fear that this is how Africans sold the continent. Our kings were given glass beads, muzzle-loader guns, calico cloth and the Bible as gifts, while the givers left with elephant tusks, land and minerals. Before long, we were being ruled by the givers.
    History always repeats itself because man learns nothing from history. Zambia just built the Levy Mwanawasa Hospital, Cancer Hospital, Heart hospital and upgraded Maina Soko hospital. Why another hospital from the Alabs? This started with PF.

    • As far as I know from experience government cannot maintain any structure. Is Levy Mwanawasa Hospital’s paint not peeling off?

  11. It is good to keeping dreaming and have a leader with a vision to push the country forward.Allow a system where most of leaders offer service for a public offices.Corruption has done this country badly we need to find a way out by rejecting and rooting out these vices starting from top head to bottom grassroot.These investments will mean nothing if most of Zambians their mind set are not tranformed to consider country first than themselves.Also,we need to strengthen the constuition to let those involved in corruption dealt hushly.

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  12. Sangwi now has failed lamentably to interpret our strong Standard Zambian English worded constitution and he has turned our elections like it is a boxing affair where he is demanding our Learnt Economist to face the failed Lawyer to be challenged in the 2026 elections. Where are his morals, if we may ask him?

  13. This guy is seriously wasting everyone’s time. If we had serious leadership, all these visits would be translated in job creations and uplifting people’s lives. He has done zero apart from bringing his business partners to see their investment in him. He is doing these for himself and his family only. You are all his cheerleaders whose benefit is raising your voices and taking photos with him only. He will leave that office and Zambian economy worse than he found it. Keep watching.

  14. The Arabs do not play. That delegation has seen what the UAE is doing here and wants in. that is better than Chinese money, it is all cheap money.

  15. Zambia’s landscape is vulnerable to catastrophic consequences from floods and hurricanes due to the presence of numerous rivers, lakes, and now massive mining pits. Please save the environment and its inhabitants.

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