ZCCM-IH, Minister Mulenga Praise Mining Progress at Trade Fair
Minister of Commerce, Trade and Industry, Hon. Chipoka Mulenga, MP, commended ZCCM Investments Holdings (ZCCM-IH) for its role in revitalizing Zambia’s mining sector during his visit to the company’s stand at the 59th Zambia International Trade Fair.
ZCCM-IH Board Chairman Phesto Musonda credited the government for stabilizing the mining industry, which he described as previously being in “intensive care.” He noted that the turnaround has boosted copper production and strengthened Zambia’s currency.
“We believe the target of 3 million metric tonnes of copper production by 2030 is within reach,” Musonda said, reaffirming ZCCM-IH’s commitment to national economic growth.
Hon. Mulenga praised ZCCM-IH’s progress and linked mining productivity to broader macroeconomic benefits.
“High productivity translates into a strong currency, and all this is as a result of good leadership and the vision of President Hakainde Hichilema,” he stated.
