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Zambia : Cabinet approves policies, recommendations, models and reports for introduction in Parliament

Lusaka - Zambia: In agreement with the government's transformation agenda, the Cabinet has reviewed and approved policies, recommendations, models and reports ....

Chushi Kasanda , Mineral Resources Development , Government Spokesperson Chushi Kasanda , Mineral Resources Development Policy , Implementation Plan , Cabinet Meeting ,

Mining Revenue Sharing Mechanism in Zambia: An introductory perspective – Zambia: News Diggers!


In this Monday opinion, I draw your attention to the topic of Mining Revenue Sharing. Firstly, I will give a detailed description of what this constitutes. Lastly, I will proceed to discuss the current legal and policy provisions backing the formulation and implementation of a Mineral Revenue Sharing Mechanism (MRSM) in Zambia.
1.0 Preamble
Communities in resource-rich regions expect that resources should translate into social-economic development through the provision of infrastructure and basic services such as education, and health. The extractives sector provides a pivotal role to advance this developmental progression ultimately leading to poverty reduction. However, this can only be actualised if there are systems put in place to safeguard the interest of the local people. In the case of Zambia, the central government may have somewhat divergent objectives from Sub-National Governments (SNGs) on the use of mining revenue. This discrepancy might lead to a situation w ....

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