GOVT TO REVIEW BAD AGREEMENTS

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GOVT TO REVIEW BAD AGREEMENTS

The Emerald and Semi-Precious Stones Mining Association of Zambia says Zambia should rectify some of its investment agreement mistakes that are not benefitting the country.

 

Association President Victor Kalesha says this is mainly because some multinational companies that have invested in the country are cheating.

 

Mr Kalesha also says there are some bad development agreements entered into between the government and some of these investors that should be reviewed.

 

“And all these have got nothing to do with President Edgar Lungu and his government but we have a strong feeling they can be corrected. We want to put specific attention, first with our sector in the emerald restricted area which brings outcries from the people of Zambia,” he said.

 

 

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