Zambians living in the diaspora have been urged to invest back home and take advantage of the country’s investor-friendly policies.
Kopano Mineral Resources Limited Founding Director and Chief Executive Officer, Nkandu Nshindamo, attributed this call to the progressive policies implemented by the Government.
Ms. Nshindamo emphasized that Zambians abroad have a vital role to play in national development across sectors such as mining, transport, construction, agriculture and energy.
Ms. Nshindamo, who is based in Australia, noted that Zambia’s peace, rule of law and political stability make the country one of the most attractive investment destinations in Southern Africa.
She explained that foreign direct investment (FDI) contributes to expanding the tax base and transferring foreign capital into the country.
She also highlighted that Kopano Mineral Resources Ltd, a wholly owned Zambian subsidiary of Beltz Mining headquartered in Perth, Australia, is investing in high-grade copper and cobalt deposits on the Copperbelt.
“For us coming from the diaspora to invest in Zambia, we will always follow policies. Where there’s a good policy, money follows. The current mining sector policies are encouraging us to invest,” she said.
Ms. Nshindamo commended the strong relations between Zambia and Australia, noting that skill transfer and job creation opportunities are being realized.
She added that Zambia’s targeted three million tonnes of copper production by 2030 could be achieved earlier if good policies, peace, hard work and patriotism continue among the people.
