A new analysis of mining in Zambia says the sector remains of great
potential for further investment in the country.
The analysis states that the country’s prosperity hinges on the
creation of a stable mining policy, internationally competitive tax
rates and an investor-friendly environment.
It says for the past 100 years, there is a clear historical link
between levels of mining investment and wider economic development.
According to an academic paper published this week entitled Copper
Mining in Zambia “history and future”, when mining investment is
sustained and high, there is growth not just in the mining sector, but
also in the broader economy in jobs, new businesses and the overall
prosperity of the population.
The analysis also shows that when mining investment declines, it’s not
just the mining sector that is affected but the entire economy, along
with the material well-being of the population.
This is according to statement issued to MUVI Tv by Chamber of Mines
Communications Manager Talent Ng’andwe
Mining Sector Remains of Great Potential for Further Investment
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