Q FM Africa's Modern Radio
Stanbic Bank Zambia Chief Executive Officer, Mwindwa Syakalima says Zambia’s attainment of the 3 million tonnes annual copper production target within a decade is dependent on government supporting sectors which are critical to the mines such as energy, infrastructure and manufacturing.
In a statement, Mr Syakalima says government will also need to continue supporting the mining value chain, focusing on expansion of the downstream players for key commodities which are important levers in the value chain.
He says government’s aspiration to increase copper production is a positive development as mining is an important driver of long term investment.
Mr. Syakalima states that a renewed mining sector can once again be the primary driver of economic growth and job creation.
He notes that this year’s mining indaba currently taking place Cape Town, South Africa is appropriate as it aligns with the country’s focus on the green and sustainable economy.
Mr. Syakalima who met with President Hichilema at the indaba says the indaba provides for business linkages and brings together players in mining that can benefit not only Zambia, but all African mining countries.