Small scale miners want Zambia to review ‘bad agreements’

The Emerald and Semi-Precious Stones Mining Association of Zambia says Zambia should rectify some of its investment agreement mistakes that are not benefitting the country.
Association President Victor Kalesha says this is mainly because some multinational companies that have invested in the country are cheating.
Mr. Kalesha also says there are some bad development agreements entered into between the government and some of these investors that should be reviewed.
“And all these have got nothing to do with President Edgar Lungu and his government but we have a strong feeling they can be corrected. We want to put specific attention, first with our sector in the emerald restricted area which brings outcries from the people of Zambia,” he said.
“We have investors whose interest is basically making profits from the area without really caring about the human development of the local people and reason is because some of the reason alluded to above.”

More From Author

ACCA

https://www.accaglobal.com/africa/en.html

Read More

Economist @ Money 02 May 2020

Join the host and guest as they look at various economic issues.

Read More

Women @ Money – “Strategic Planning”

Listen to the host Nkhonde Fumbeshi as she discusses “Strategic Planning” with Dr Freda Mwamba…

Read More

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Stakeholders call for inclusion of children with Autism in education system

There is no effort to include children with Autism in the current Education system. Government…

Read More

Over 600,000 homes to benefit from Liquid Zambia’s enhanced internet access

Connectivity is the cornerstone of Zambia’s digital transformation journey. This remains vital in driving digital…

Read More

April food basket drops by K255.14-JCTR

This is compared to the March basic needs and nutrition basket which stood at K10,…

Read More