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  • 31 Atkinson Drive,

    Hillside, Harare, Zimbabwe

  • +263 242  778531/6

    info@afrodad.co.zw

  • 08.30 - 17.00

    Monday to Friday

In line with AFRODAD's engagement to working with like-minded actors to curb illicit financial flows, we not only carry out various initiatives, but we also enrich efforts that have been initiated by other as long as we share the same vision...

of seeing a prosperous Africa some day. For example AFRODAD was represented at the ZAMBIA ALTERNATIVE MINING INDABA by one of his own, Mr. Kingstone Tatenda who works in the Domestic Resource Department . His contribution was informed by findings from research work that we have carried out in the recent past. 

Below is some information extracted from the event's concept note

With only 60% of the country having been geologically surveyed, Zambia is swaggering internationally as holding 6% of known world copper reserves. Aside from that; Zambia is also richly endowed with cobalt, gold, manganese, gemstones, emeralds and uranium among other resources. As of 2016, mineral resources alone account for 80% of Zambia’s exports earnings, and the mining sector accounted for 10% of Zambia’s GDP contribution. Between the years 2011-2013, Zambia’s extractive revenue was roughly US $1.5bn annually, which represented around 30% of total government revenue.

Seeking to make use of Zambia’s mineral potential, there has been increased investment in the extractive sector. In 2012 alone, more than US $4billion was invested in the mining sector, resulting in copper production increasing by over 8% from 2012 to 2013. Despite Zambia being a mineral rich country, and having a history of mining for over a century, the country is among the poorest in the world. The 2015 Living Conditions Monitoring Survey reports that 54.4% of the population lives in poverty As of 2014, the average life expectancy in Zambia is 51.85 years, 50.24 years for males and 53.48 years for females. Moreover, communities that host mineral extraction activities remain amongst the poorest in the nation.

Over the years, government has made efforts at attempting to reverse this paradox as evidenced by 6 fiscal policy changes in 8 years governing the mining sector and commitments by the Minister of Finance in his 2018 budget speech to amongst other things; revisit legislative framework governing revenue collection in the mining sector to seal loopholes for illicit financial flows, prioritizing artisanal and small scale mining and industrial mineral mining.

Therefore...

As Civil Society Organizations(CSOs), we continue to believe and trust that mining is a sector with potential to positively contribute to economic and human development especially if we have locally defined social, environmental, and economic goals over the long term. As is the case with countries that have managed to make the better use of their natural resource, we further believe that with fore-planning, good governance and transparency, the exploitation of natural resources can generate significant revenues that can cultivate a robust economy and contribute substantially to both poverty reduction and sustainable development.

Our response is therefore to create a policy and legislative dialogue space where stakeholders will propose legislative and policy changes that would allow the country to benefit from natural resource extraction. These proposals to be deliberated on are to be informed by research, real life testimonies and peer learning from other extracting countries.

 

To read more on the this event, go to https://www.globaltaxjustice.org/en/events/7th-zambia-alternative-mining-indaba