CHAMBER OF MINES WELCOMES FITCH S UPGRADE OF ZAMBIA S RATING zambiareports.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zambiareports.com Daily Mail and Mail on Sunday newspapers.
The Zambia Chamber of Mines has urged the government to take advantage of the positive rating of the country by Fitch ratings and put the mining industry back on the growth path.
Zambia Chamber of Mines President Godwin Beene said the upgrade is an opportunity for the country to seize control of the market narrative.
Dr. Beene explains that the upgrade is an opportunity to leverage the record bullish copper demand outlook to build more momentum and seize control of the market narrative.
He noted that Zambia has always had an opportunity to attract world-class mining investment into its internationally renowned mineral exploration and production potential which the world mining investment community views with continuing interest.
Take advantage of copper demand – Zambia Daily Mail daily-mail.co.zm - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from daily-mail.co.zm Daily Mail and Mail on Sunday newspapers.
The SADC Business Council (SADC BC), Zambia Chamber of Commerce and Industry (ZACCI) and the German Development Corporation (GIZ-CESARE) will be hosting a virtual SADC Non-Tariff Barriers (NTB) sensitisation Workshop on Monday, 12 April 2021 from 09h30 to 11h30.
This meeting provides logistics companies, retailers and manufacturers who are involved in the export / import business and in regional trade with an opportunity to learn about NTBs, available platforms for reporting NTBs, and how to get feedback on reported NTBs.
Any questions regarding the event, please contact the organisers: Mr. Tulo Makwati: tulo.makwati@thenbf.co.za, and copy Mr Kampamba: research-2@zacci.co.za
ZAMBIA has recorded a huge increase in its copper production for 2020 to over 882,000 metric tonnes from 796,432 tonnes recorded in 2019, mainly triggered by record-breaking output from First Quantum Minerals’ (FQM) subsidiary companies, which collectively posted the highest last year.
But Zambia Chamber of Mines data has revealed that last year’s copper output still lags behind the Democratic Republic of Congo’s (DRC) impressive 1.55 million tonnes that country’s mines produced last year.
However, Mines Minister Richard Musukwa has insisted that the rise in the country’s mining productivity has been as a result of government’s “favourable policies and interventions”, coupled with expansion projects and ramping up of operations.