The Economic Association of Zambia (EAZ) says Zambia’s mining remains a key sector for investors to invest in saying it is a lucrative business.
The Economic think tank says it is vindicated that Zambia’s mining sector remains a viable industry to invest in following requests to buy government shares in First Quantum Minerals and ZCCM-IH.
EAZ President Dr. Lubinda Habazoka tells Money FM News that government on the other hand should be cautions in treating these offers that are coming to buy shares in the mines and ZCCM-IH.
Dr. Habazoka says the government should ensure that cost effective analysis is done before accepting these offers.
The Ministry of Finance has said that Government has not decided the sale of its 20% ZCCM-IH shareholding.
The ministry said that if the decision is made it will have to go to the cabinet.
The ministry further said there are several companies that have offered to buy the 20% shareholding of ZCCM-IH.

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