Zambia News

Govt Marketing Zambia At Indaba Mining

According to JITO KAYUMBA, Presidential Special Advisor for Finance and Investments, the government is interacting with various stakeholders at the Mining Indaba in South Africa to fulfill its goal of boosting annual copper production to 3 million metric tons within the next ten years.

According to Mr. KAYUMBA, the government is eager to involve stakeholders that have the knowledge, resources, and enthusiasm in investing in Zambia.

In an interview with ZNBC News in Cape Town, he stated that in addition to the 1.3 billion dollars set aside by First Quantum Minerals to expand operations, the government is also considering repositioning Zambia.

According to Mr. KAYUMBA, the government is also aiming to entice new investments in the mining sector, which is essential for generating new jobs and adding value.

However, he asserts that everything is being done while taking the private sector, which is important to the supply chain, into account.

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