Business

‘Diversify economy from copper’

NOMSA NKANA, Lusaka
ZAMBIA needs to diversify the Copperbelt economy to help bring back jobs in the medium to long term, a public socio-economic think tank has advised.
The Zambia Institute for Policy Analysis and Research (ZIPAR) says in a statement issued to the Daily Mail yesterday that Government should take this measure by harnessing the skills dividend.

“The Copperbelt has the highest percentage share of employed and unemployed people with skills training.

“Further, the human resource skills sets acquired in the mining sector [particularly plant and machinery operator skills] can be transferred to other sectors such as agriculture and agro-processing,” ZIPAR notes.
ZIPAR also proposes that Zambia develops a mining-tourism product given the country’s rich mining history and largest copper mines in the world coupled with recent technological advancements in mining operations.
Such aspects offer an opportunity for the development of a mining tourism product.
According to ZIPAR findings, the Copperbelt was the hardest hit by economic slowdowns in 2016.

 

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