Yesterday, Zambia proudly hosted a significant high-level engagement featuring a World Bank delegation led by Dr. Achim Fock, Country Manager for Zambia. The meeting also included key representatives from the Zambia Chamber of Mines, headed by its President and Chairman, Mr. Anthony Malenga, alongside other prominent stakeholders from the mining sector.
The discussions centered on the World Bank’s insights into the structural and operational challenges facing Zambia’s mining industry. More importantly, the dialogue explored opportunities for collaborative efforts to build institutional and technical capacity aimed at addressing these challenges. This engagement is a key step in Zambia’s broader strategy to align sector reforms with the nation’s ambitious economic transformation agenda.
President Hakainde Hichilema emphasized the significance of this partnership, highlighting the government’s vision of creating sustainable employment opportunities for Zambians through strengthened sectoral reforms. He affirmed that the ultimate goal is to foster a resilient and inclusive economic ecosystem that not only increases domestic revenue mobilization but also enhances Treasury capacity.
“This collaboration with the World Bank, the mining industry, and other stakeholders is crucial for unlocking Zambia’s full economic potential, extending beyond mining to other sectors,” President Hichilema remarked. He reaffirmed the government’s commitment to strategic partnerships that deliver tangible benefits to the people of Zambia.
The engagement marks a pivotal moment in Zambia’s pursuit of sustainable development, positioning the mining sector as a catalyst for broader economic growth and social progress. With strengthened institutional frameworks and joint efforts, Zambia aims to build a future where economic opportunities are accessible to all citizens, underpinning national prosperity and stability.
As the nation moves forward, continued dialogue and cooperation between the government, development partners, and industry leaders will be essential to realizing these shared objectives, ensuring that Zambia’s natural resources translate into lasting benefits for its people.