President Hakainde Hichilema led a high-level engagement with a visiting delegation from the World Bank, the Zambia Chamber of Mines, and other key players in the mining industry to explore pathways for strengthening Zambia’s economic foundations through sectoral collaboration and reform.
The World Bank team was led by Dr. Achim Fock, Country Manager for Zambia, while the Zambia Chamber of Mines was represented by its President and Chairman, Mr. Anthony Malenga. The meeting brought together stakeholders from across the mining sector for an in-depth dialogue on the structural and operational challenges facing the industry, and how targeted reforms and partnerships could address them.
In his remarks, President Hichilema emphasized the importance of building institutional and technical capacity as a cornerstone for sustainable development.
“This dialogue forms part of our broader ambition to align sectoral reforms with Zambia’s economic transformation agenda,” said President Hichilema. “By working together, we aim to create sustainable employment opportunities for our citizens and foster a robust and inclusive economic ecosystem.”
The engagement also highlighted the government’s commitment to domestic revenue mobilization and enhancing the capacity of the Treasury, with the mining sector playing a central role in this strategy.
“Our ultimate objective is to deliver tangible benefits to the Zambian people by unlocking the full economic potential of not just mining, but of all productive sectors,” the President added.
President Hichilema reaffirmed the government’s resolve to continue working in close partnership with the World Bank, the mining industry, and other stakeholders to ensure that reforms yield long-term economic resilience and inclusive growth.
Any dialogue with these guys that doesn’t include higher taxes/royalties from mining and lower interest rates on WB loans equals nonsense for the poor Zambian taxpayer.The proverbial Chileshe is tired of poverty since 1964.
State counsel Kabimba on one TV station last night even lubbished this engagement of the world bank praising the Zambian goverment. He rightly said if the people of Chawama, Kalingalinga and Mtendere are the ones praising government which is not the case, you would say the country is improving. He condemned this hollow self praise which we are seeing daily.
The quality of life of Zambians has deteriorated since 2021, and it is becoming very clear that truthful and objective UPND members have started openly expressing this fact.
Reason why the caller from Chisamba on a radio station said this goverment has commissioned the Chisamba solar project but “we are still under serious loadshedding here in Chisamba”, so these meetings where people go and praise each other whilst drinking mineral water which we buy as tax payers mean nothing actually. Can you please start working for once
Indeed being misled since 1964
Whilst the high income groups enjoyed the lifestyle
Nothing has really filtered down to the grass roots
The Chisamba solar project was actually started by the PF, former energy minister in the PF government Mr Yamfwa Mukanga said yesterday. I am just confirming a fact here and not quarreling with anybody here
Much has been spoken about the PF national debt But very little mentioned what our debt stands at now It’s Plus + I now suspect
While many countries have awakened up from the explotative tactics of the IMF and the World Bank (Both Western Institutions used by the West to exploit poor countries’ natural resources) Zambia is busy handing their resources to them. President Traore has shunned these explotative organizations and his country is developing fast without their loans. Wake the heck up, Zambia.