BALLY’S MAIN HEADACHE ON ECONOMIC RECOVERY: THE CASE OF MINING TARGETS AND MINERS’ LABOUR ISSUESDear Editor,ACCORDING to Finance Minister Situmbeko Musokotwane’s public statement three weeks ago, President Hichilema’s administration aims to more than double copper output to as much as two million metric tons yearly by 2026, and ultimately about three million tons.This is in anticipation of Government maximisation of benefit-sharing from skyrocketing copper prices currently fetching US$9, 700 per tonne and, according to Bloomberg, are expected to rise up to US$20, 000 per tonne by 2024.To achieve the targets, on one hand, Bally’s administration has promised investor-friendly policy and legislation reforms. From our 20 years’ experience since the dawn of liberalisation and privatisation, such have never been labour friendly.On the other hand, Bally’s administration has promised wide range of citizen’s freedoms, including picketing. Police have been directed to cooperate with citizens excersizing their rights.An interlude of wildcat salary strikes currently ongoing in Copperbelt and […]
BALLY’S MAIN HEADACHE ON ECONOMIC RECOVERY: THE CASE OF MINING TARGETS AND MINERS’ LABOUR ISSUES
