Main take-aways from the keynote address of the Minister of Finance and National Planning Hon. Situmbeko Musokotwane at the Mining Indaba

09 February 2023

Minister of Finance and National Planning Hon. Situmbeko Musokotwane says Zambia is not only aiming to reach three million tonnes of copper production, but is also targeting to diversify mineral production to include other key battery minerals the country is endowed with. Speaking at the Mining Indaba held in Cape Town, South Africa, Dr Musokotwane said Zambia had identified key bottlenecks currently being attended to and which include:

1. alignment of tax regime to international standard;
2. stabilisation of the mining policy; and
3. continuous improvement in the ‘ease of doing business in Zambia’.

 

Speaking at the same event on a panel of Ministers discussion, Minister of Mines and Minerals Development Hon. Paul Kabuswe said that Zambia’s goal is to implement as many projects as possible so as to increase productivity of the sector and also enhance value addition.