Luapula Chamber of Commerce backs govt move to instill sanity in small scale mining sector

Emmanuel Munsanje, the Luapula Chamber of Commerce and Industry president, says government’s intention to support the small-scale mining industry was good for the economy.

Munsanje said in an interview with Zambia Monitor in reaction to the 2024 budget on Monday that the promised incentives would help in creating a robust mining industry.

“The intention to support small scale miners should be supported by stakeholders, the government means well ,” he said.

Munsanje said the small-scale mining segment were characterized by iligalities but that the coming in of the new government had seen sanity slowly returning to the sub-sector.

He said previously, issues of illegal mining were not exposed simply because they were not transparent and accountable.

Munsanje further observed that the intention to establish with a mineral commission as announced by Finance Minister Situmbeko Musokotwane, would, no doubt, bring sanity in the mining value chain.

During the 2024 budget presentation on Friday, Musokotwane said the Mineral Commission whose role was to provide oversight in the mining value chain would soon be constituted.

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