EAZ salutes Lungu for introduction of mine regulator

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The Economic Association of Zambia (EAZ) has expressed gratitude to President Edgar Lungu for the ideal of coming up withthe mining regulator.

EAZ Copperbelt Chapter Chairperson Matthews Muyembe said the ideal of Minerals and Geological Commission aimed at regulating the mines is a way to go.

Speaking in an interview with The Independent Observer today May 22, 2020, Mr Muyembe said government had a challenge of monitoring the mines because it could not be the policy maker and an enforcer.

He said the mine commission once set up and approved by an Act of Parliament will enhance mine audit, monitoring and regulation thereby brining in improvement to the industry.

“The minerals in Zambia are our birthright and brining in the regulator will ensure that Zambians benefit from their minerals. The Mining Commission will bring improvements to mineral explorations. The Extractive Industry has done its part but with the coming of the mines commission, we expect more to be achieved in the sector.

“We have witnessed mine pollutions, large numbers of mine expatriates in the country without proper regulation. But the country has managed to train enough staff to take over the running of the mines. Yes at Independence in 1964 it was understandable to have more expatriates because we had few mining graduates but not now. This time we want the incoming regulator to give preference to Zambians in the running of the mines. We want to benefit from the minerals realizing that minerals are a diminishing asset,” he said.

Mr Muyembe hopes the Minerals and Geological Commission will be well rounded up of articulate Zambians that have interest of Zambia at heart so that they can give insight to government.