In a historic meeting, President Hakainde Hichilema welcomed a high-level delegation from Anglo American Corporation, headed by the company’s Chief Executive Officer, Duncan Wanblad. This visit marks a pivotal moment, as Anglo American looks to re-enter Zambia’s mining sector after nearly two decades of absence.
Zambia, with its ambitious goal of producing 3 million tons of copper annually, recognizes that strategic partnerships with key international mining players, such as Anglo American, will be crucial to meeting this target. During the meeting, President Hichilema expressed optimism about the company’s renewed interest in the country’s mining industry, highlighting that reputable global entities like Anglo American can significantly contribute to Zambia’s mining aspirations.
“Our government is committed to creating an investment-friendly environment that benefits both our people and our economy,” said President Hichilema. He stressed the importance of maintaining a stable investment climate, which is facilitated through ongoing dialogue, particularly in terms of the policy and legal frameworks that govern the industry.
The Zambian government has been working closely with the Chamber of Mines to ensure that policies are designed to attract investment while ensuring local economic benefits. This collaborative approach is intended to help the country leverage its vast mining resources for long-term, sustainable economic growth.
As Zambia continues to work towards transforming its mining sector into a significant economic engine, the meeting between President Hichilema and Duncan Wanblad signals the country’s dedication to fostering global partnerships that drive development. The return of Anglo American to Zambia could play a key role in realizing the nation’s mining potential and securing its place as a leading copper producer on the global stage.
