Mining boom without benefits: will Patriotic Front government reforms ensure fair sharing?
Zambia is one of those African countries that have failed to reap from the boom in the mining sector. *Kabanda Chulu explores the reasons for this failure to maximize returns from the countries copper reserves
“ZAMBIA is experiencing economic growth supported by a boom in mining but with no development being derived from it. I have not seen any basic change, access to shelter, health and education, these services are still lacking,” says Copperbelt University lecturer Prof John Lungu.
Such sentiments and many other views, for some time now, have continued to fuel debate about the need for a clear mining and tax policy that will ensure that government gets enough revenue from the mining sector that can be used to develop and drive other economic sectors.