Tue, 02 Jan 2018 13:25:34 +0000 By BUUMBA CHIMBULU WITH copper prices at their highest, Government has been urged to urgently localise the marketing of all minerals and link exports earnings to local banks for money to remain in Zambia for the country to benefit from the high costs. The Economic Association of Zambia (EAZ) and the Development Association (PSDA) have both observed that the move would ensure the country benefited from the prevailing high copper prices. The calls by these stakeholders follows an increase of copper prices which are currently trading above US$7, 000 a tonnes on the London Metal Exchange. According to EAZ president, Crispin Mphuka, the move would also curb the habit of transfer pricing and the under declaration of the commodity by some mines. Dr. Mphuka observed that Zambia would benefit from the rising copper prices if marketing of all minerals was localised. He explained in an interview that most mining […]
‘LET’S MARKET MINERALS LOCALLY TO ENJOY HIGH COPPER PRICES’
