Zambia Enacts Local Content SI to Boost Local Participation in the Mining Sector
Zambia Signs Local Content SI: What the New Mining Regulation Means for Local Suppliers and the Economy In a move aimed at strengthening local participation in the mining sector, President Hakainde Hichilema has authorised the signing of the Mining Local Content Statutory Instrument (SI). The decision, confirmed during the Zambia Mining and Investment Insaka in Lusaka, tasks Mines Minister Paul Kabuswe with implementing regulations designed to require mining companies to give preference to Zambian-owned businesses, employ Zambian nationals, and support domestic supplier development. Key Facts The SI introduces legal obligations…
Read More Here
