Power and Politics

Hichilema lauds Anglo American’s return to Zambia after 20-year absence

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President Hakainde Hichilema has expressed optimism over Anglo American Corporation’s renewed interest in Zambia’s mining sector, marking nearly 20 years since the company’s exit from the country.

In a Facebook post on Monday, President Hichilema informed that he had hosted a delegation from Anglo American Corporation, led by Chief Executive Officer Duncan Wanblad.

He stated that Zambia’s ambitious goal of producing three million tonnes of copper annually would require partnerships with reputable mining companies like Anglo American.

“Our government remains committed to fostering an investment environment in the mining sector that will benefit our people and drive economic growth,” President Hichilema stated.

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

He noted that establishing a “win-win” investment environment hinged on continuous dialogue on policy and legal frameworks for the sector.

“We are working closely with the Chamber of Mines to ensure we have the right investment environment, supported by robust policies and legal frameworks, for the benefit of our people,” he wrote.

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