Tue, 25 Apr 2017 10:37:17 +0000 Govt urged to enhance mineral revenue sharing By BUUMBA CHIMBULU GOVERNMENT should amend the 2015 Mines and Minerals Act to allow for introduction of the Mineral Revenue Sharing Mechanism (MRSM) that will ensure local councils and communities benefit from revenue generated from nearby mines, Centre for Trade Policy and Development (CTPD) has suggested. MRSM is a system of disbursing resources and other transfers paid by corporations to host governments. CTPD economic governance programme assistant officer, Kangwa Muyunda, said the increase in mining production over the years had not translated into significant progress in terms of human development, particularly at the local level. Ms Muyunda was speaking during her presentation on “Building effective community development through MRSM” at a meeting in Sinazongwe recently. The meeting was attended by Senior Chief Mweemba, Sinazongwe District Council, councillors and community representatives. “There is no specific law that provides for the Mineral Revenue Sharing […]
