Zambia: Mineral policy slammed by climate network

Zambia would have been in less debt if it had better policies on minerals, says the Zambia Climate Change Network. ZCCN chairperson Robert Chimambo said this was the right time to create good policies that would ensure enough revenue from the country’s minerals when copper prices were high on the international market. He, however, regretted that foreign investors were controlling the government at the expense of the Zambian people. Chimambo said it was unfortunate that the government had decided to ignore the numerous calls from various stakeholders on the need to introduce better taxing systems on the mining companies.