The Times of Zambia (Ndola)

Zambia: Job Losses in the Mining Sector

editorial

JOB losses in the mining sector resulting from the global economic recession have been a concern to all stakeholders, particularly the Government.

Emerging economic giants such as China and India have slowed down their purchases of raw materials in form of copper and other minerals, resulting in plummeting prices of the metal on the international market.

Vibrant economies in the West have equally suffered as a result of the recession, hence their demand for the raw materials has also gone down.

Thus, the Patriotic Front (PF)'s plan on the Copperbelt to engage in demonstrations over the job losses in the mining industry is not only misplaced but also unrealistic.

The reasons, which have led to mining firms to trim down the workforce have not been caused by the Government but by external forces which have taken their toll in all parts of the world.

The United States has introduced stimulus packages while other countries have equally taken measures appropriate to their situations.

The Zambian Government has not remained idle. In this year's national Budget, the Government has made provision for diversification from mining to other sectors such as agriculture, manufacturing and tourism where various incentives are now available.

The Government has further taken steps to attract other investors to take over the running of Luanshya Copper Mine (LCM), which was the first one to be placed under care and maintenance last year.

Mines and Minerals Development Minister, Maxwell Mwale has time and again announced to the nation that several inquiries have been received from local and international companies wishing to take over the running of LCM.

Investors from China, South Africa, and Canada have expressed interest.

The Government is right now trying to get a suitable company from a list of firms willing to take over.

Labour and Social Security Minister, Austin Liato yesterday rightly pointed out that there was no need for any section of society to politicise the problems in the mining sector which have led to job losses.

Labour Day celebrations should, therefore, not be politicised nor scuttled through provocative demonstrations.


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