{"id":23301,"date":"2022-05-22T18:38:33","date_gmt":"2022-05-22T18:38:33","guid":{"rendered":"https:\/\/www.africa-press.net\/zambia\/all-news\/govt-urged-to-ensure-actualising-of-investment-pledges"},"modified":"2022-05-22T18:52:15","modified_gmt":"2022-05-22T18:52:15","slug":"govt-urged-to-ensure-actualising-of-investment-pledges","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/zambia\/all-news\/govt-urged-to-ensure-actualising-of-investment-pledges","title":{"rendered":"Govt urged to ensure actualising of investment pledges"},"content":{"rendered":"

Africa-Press – Zambia. <\/strong><\/span>National Union of Miners and Allied Workers has government to ensure that mining companies pledging huge financial investments actualize their pledges.<\/p>\n

NUMAW Treasurer Saul Simujika says unlike that in the recent past where some investors made investment pledges that have never been actualized up to date, the new dawn government should be on top of things in ensuring the actualising of investment pledges.<\/p>\n

ZANIS reports that Mr Simujika said it is very important that the new dawn government takes a leading role in actualisation of investment in terms of supervising mining companies despite its minority shareholding.<\/p>\n

He said government should have the final whip to ensure that the pronouncements by mining investors do not end as mere lip pronouncements that are never fulfilled.<\/p>\n

\u201c We got the news that First Quantum Minerals will be able to invest quiet substantial amount of money in their business, what we are expect is that when this money is ploughed into the business, it should translate into increased production, expansions on mining projects and improved conditions of service for workers,\u201d He said.<\/p>\n

And Mr. Simujika says the unions further expect increased job creation from the mining company as it injects the pledged investment. Recently, during the Mining Indaba in South African where President Hakainde Hichilema gave a keynote speech, First Quantum Minerals pledged to invest $1.25 billion in an expansion programme of Kansanshi Mine. The expansion project is expected to extend the life spun of the mine to around 2040 and increase copper and gold production by about 25 per cent.<\/p>\n

For More News And Analysis About Zambia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Zambia. National Union of Miners and Allied Workers has government to ensure that mining companies pledging huge financial investments actualize their pledges. NUMAW Treasurer Saul Simujika says unlike that in the recent past where some investors made investment pledges that have never been actualized up to date, the new dawn government should be […]<\/p>\n","protected":false},"author":84,"featured_media":23300,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,8,12,16],"tags":[234,235,233],"class_list":["post-23301","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-homepage-english","category-policy","category-twitter","tag-africa-press","tag-africa-press-zambia","tag-zambia"],"yoast_head":"\nGovt urged to ensure actualising of investment pledges - Zambia<\/title>\n<meta name=\"description\" content=\"National Union of Miners and Allied Workers has government to ensure that mining companies pledging huge financial inves ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zambia\/all-news\/govt-urged-to-ensure-actualising-of-investment-pledges\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt urged to ensure actualising of investment pledges\" \/>\n<meta property=\"og:description\" content=\"National Union of Miners and Allied Workers has government to ensure that mining companies pledging huge financial inves ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zambia\/all-news\/govt-urged-to-ensure-actualising-of-investment-pledges\" \/>\n<meta property=\"og:site_name\" content=\"Zambia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-22T18:38:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-05-22T18:52:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2022\/05\/img-628a8641779ef.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"459\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/govt-urged-to-ensure-actualising-of-investment-pledges#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/govt-urged-to-ensure-actualising-of-investment-pledges\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Govt urged to ensure actualising of investment pledges\",\"datePublished\":\"2022-05-22T18:38:33+00:00\",\"dateModified\":\"2022-05-22T18:52:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/govt-urged-to-ensure-actualising-of-investment-pledges\"},\"wordCount\":273,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/govt-urged-to-ensure-actualising-of-investment-pledges#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2022\/05\/img-628a8641779ef.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Zambia\",\"Zambia\"],\"articleSection\":[\"all news\",\"head lines\",\"homepage-english\",\"policy\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/zambia\/all-news\/govt-urged-to-ensure-actualising-of-investment-pledges#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/govt-urged-to-ensure-actualising-of-investment-pledges\",\"url\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/govt-urged-to-ensure-actualising-of-investment-pledges\",\"name\":\"Govt urged to ensure actualising of investment pledges - 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