Mining Local Content Bill Set to Boost Economic Opportunities for Zambians
Vice President Mutale Nalumango has emphasized that the implementation of the Mining Local Content Bill will bring significant economic benefits to all Zambians.
Speaking at the Mining Local Content Conference and Expo in Kitwe, organized by the Zambia Association of Manufacturers (ZAM), Mrs. Nalumango stated that the bill will ensure that the wealth generated from Zambia’s natural resources leads to job creation and sustainable economic growth.
Mines Minister Paul Kabuswe added that the bill is 90 percent complete and that legislation will soon be finalized. He noted that once implemented, the Mining Local Content Bill will encourage full participation by local communities in the mining sector.
The Zambia Association of Manufacturers welcomed the bill, stating it will establish a framework for compliance and foster mutual growth for Zambia’s benefit.
ZAM President Ashu Sagar affirmed that the association plans to proactively promote local participation, even before the bill is officially enforced.
Copperbelt Minister Elisha Matambo also highlighted the timely introduction of the bill, noting its significance as the Copperbelt region undergoes revitalization.
SOURCE:znbc
