Mining Investments in Zambia Should be Mutually Beneficial – Mines Minister
…as He calls for the protection of people living in mining activity areas.
Minister of Mines and Minerals Development Hon Richard Musukwa has called for mining investments to be mutually beneficial for Africans and Zambians in particular.
Hon Musukwa notes that in as much as mining investors also want to make profit, there is need to ensure that there is a win-win situation for everyone being involved in the business.
The Minister was speaking at the Africa Mining indaba in Cape Town South Africa during a panel discussion where various issues pertaining to the mining sector were widely discussed.
Among the issues discussed was Optimizing Local Content and Value Addition in Africa’s Mining Sector Opportunities, Challenges and Gaps.
Hon Musukwa therefore called for the creation of a balance to promote equality between investments and people living in areas were mining activities are happening so that they also benefit.
“No investor comes to Africa and Zambia in particular to do charity, they come to make business and we are alive to this fact and we would like to ensure that any investment that comes creates a fair return investments to shareholders,” Hon Musukwa said.
He further stated that people in host communities were these mining activities are carried out are key stakeholders who also need to benefit.
