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The government has urged the business community to enhance their capacity in preparation for the anticipated Local Content Bill, which is expected to create jobs and drive economic growth.
Minister of Mines and Minerals Development, Paul Kabuswe, emphasized the importance of maintaining high standards in the mining sector, cautioning local suppliers against delivering substandard goods and services.
Speaking at the third Private Sector Day Re-run meeting in Lusaka on Thursday, Kabuswe stressed that the mining industry is a critical pillar of Zambia’s economy and must not face disruptions.
“The enactment of the Local Content Bill is expected to generate thousands of job opportunities, significantly boosting the country’s economic growth,” he said.
However, the minister expressed concern over delays in passing the bill, citing resistance from some stakeholders who claim they were not adequately consulted.
“The government is committed to ensuring that the bill is finalized in a manner that benefits all parties while safeguarding the integrity and competitiveness of Zambia’s mining sector,” Kabuswe said.
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