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Mining stakeholders demand local content bill finalised
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Lusaka Times-Zambia's Leading Online News Site – LusakaTimes.com
Stakeholders in Zambia’s mining sector have reiterated calls for the swift finalisation of the long-anticipated Local Content Bill, aimed at boosting the participation of local businesses in the mining value chain.
Speaking at the Women in Mining Forum in Kitwe, Acting Chief Mining Engineer for Operations and Local Content Development at the Ministry of Mines and Minerals Development, Misozi Mwanza, revealed that the regulations for the Local Content Bill have already been developed but awaiting final approval.
Ms Mwanza said once enacted, the bill will play a crucial role in safeguarding local suppliers and building their financial and technical capacity.
Mr Mwaba stressed that the legislation will provide a legal framework that will compel mining companies to source goods and services from local suppliers.
Mr Wakiaga noted that the proposed Local Content Bill is expected to serve as a transformative tool for inclusive economic development, particularly in communities impacted by mining operations.
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