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DEVELOPMENT OF ZAMBIA’S NEW MINING POLICY COMPLETED

Government has completed developing Zambia’s new mining policy that will speak to the aspirations of the new dawn administration’s objectives for the sector and will announce the consolidated document by June this year.

Mines and Minerals Development Minister Paul Kabuswe disclosed to Phoenix News that the team of technocrats at the ministry that was tasked to come up with the document have submitted it to his office and that he is currently reviewing the document.

Mr. Kabuswe says the document is comprehensive but once reviewed, is expected to take into account, comments from various stakeholders, resolutions made at the 2021 Zambia mining indaba from which the mining fiscal regime was already changed in the 2022 national budget, and to shape the trajectory of the sector going forward.

He adds that the document will soon be availed to stakeholders before it is released to the general public although he was quick to mention that while the approach is all-inclusive and will appreciate comments from numerous interest groups, there will be a few submissions that may not be admitted into the impending mining policy.

 

Source: https://www.phoenixfm.co.zm/business/developing-of-zambias-new-mining-policy-completed/

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