By Jane Chanda
Mines minister Paul Kabuswe says the private sector should prepare for investments once the geological bill is enacted, as it will enhance economic activities in the sector.
Speaking at the 3rd Public Private Dialogue Forum(PPDF) private sector day re-run meeting, Kabuswe said the UPND administration was committed to making the mining sector profitable for the country’s economic growth.
He noted that the bill was aimed at strengthening the relationship between the government and the private sector.
Kabuswe explained that the bill would prevent losses due to reduced mining activities, ensuring that production time was not wasted.
He highlighted the government’s identification of flaws and weaknesses in the mining sector, pointing out its readiness to address them.
“The bill is a tool aimed at enhancing the country’s economic activities in the mines,” Kabuswe said.
The minister further said reduced mining activities resulted in significant financial losses, underscoring the importance of efficient production.
He also said the government was committed to reviving the mining sector, having identified flaws and weaknesses that needed to be addressed.
