Economy

Govt, Zambia Chamber of Mines agree common grounds for resolution of differences on policy issues

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The government and the Zambia Chamber of Mines (ZCM) have agreed to pursue dialogue following the Chamber’s concerns over proposed mineral policy changes.

In a joint statement issued after a meeting between ZCM President, Godwin Beene, and Mines and Mineral Development Permanent Secretary, Hapenga Kabeta, on Friday, both parties committed to resolving their differences through constructive dialogue.

The statement stated the government’s dedication to open dialogue and extensive engagement with all stakeholders impacted by policy reforms.

Likewise, the ZCM reaffirmed its commitment to collaborate with the government on finding solutions to policy and regulatory issues affecting the mining sector.

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On September 11, 2024, the mining industry’s technical working group under the Public Private Partnership Dialogue Forum (PPPDF) held a consultative meeting on the draft Minerals Regulation Commission Bill to address outstanding issues.

While most concerns were resolved, Clause 15 of the Bill remained contentious.

The meeting resolved to revise the clause based on proposed amendments from the Chamber, which would be submitted to the Ministry of Mines and Minerals Development.

However, on September 17, 2024, the ZCM released a media statement expressing concern about the proposed mining policies.

In response, a follow-up meeting was convened on September 20, 2024, to settle the disagreement over Clause 15 of the draft Bill.

Both parties have now developed a roadmap to resolve the matter swiftly, ensuring continued stability in the mining sector.

ZCM President Beene expressed satisfaction with the ongoing discussions, stating that the Chamber is encouraged by the continued dialogue on Clause 15 of the draft Minerals Regulation Commission Bill.

Permanent Secretary Kabeta assured that the government would maintain an open dialogue on all mining sector reforms, saying, “I am excited that once this matter is resolved, it will open significant opportunities for the country’s economic transformation.”

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