MINING JOBS GROWTH AND CURRENCY GAINS

Home News Home Affairs

Posted by admin on February 10, 2026 at 3:23 AM

Share: Visits: 747

---

Special Assistant to the President for Political Affairs, Levy Ngoma, has expressed confidence that Zambia will achieve its target of producing three million metric tonnes of copper by 2031, citing continued investments in the mining sector.

Ngoma highlighted that stronger performance at major mines is driving production increases.

This growth has created new jobs and contributed to the appreciation of the kwacha against major currencies.

He encouraged citizens engaged in mining to obtain artisanal mining licences, enabling them to operate within a secure and regulated framework.

Ngoma pointed out that President Hakainde Hichilema has fulfilled his campaign pledge to re-open Zambia–China Mulungushi Textiles, which had remained closed for several years.

The revival of the textile company is expected to boost industrial growth and generate employment opportunities.

Mining expansion is not only strengthening Zambia’s foreign exchange position but also creating direct and indirect jobs across supply chains.

The reopening of Mulungushi Textiles signals a broader push towards industrial diversification, reducing reliance on copper and expanding opportunities in manufacturing