Mining remains the cornerstone of Zambia’s economy, accounting for more than 60% of the country’s exports. Despite the sector’s pivotal role, a recurring question among industry experts is whether Zambians themselves have the capacity to successfully operate large-scale mining ventures, as most mines remain under foreign ownership with limited government participation. Economic Association of Zambia National Secretary, Dr. Nicholas Mainza, highlights the significant investment required to establish and manage large mining companies. In an interview with the Zambian Business Times (ZBT), Dr. Mainza noted that the scale of investment and operational expertise needed for operations often necessitates foreign partnerships. “Running...
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