LOW WORKER RETENTION IN EXTRACTIVE INDUSTRY WORRYING

By Michael Kaluba 

The low retention of workers in the extractive industry that has declared thousands redundant over the past decade has worried mine-worker unions despite government’s review of the mining fiscal regime and the prevailing record high copper prices on the international market. 

In excess of 10,000 employees lost their jobs in the mines since 2012 mainly attributed to inconsistent mining fiscal regime over the years while the 2022 mining regime was changed to suit a more favorable non-deductibility of mineral royalties that mine owners advocated. 

But National Union of

Miners and Allied Workers-NUMAW- National Treasurer Saul Simunjika says it is worrying that the mines are not recruiting workers despite having these positive conditions which he says must call for more human capital especially with the envisaged ramp up of copper production. 

And NUMAW has challenged government to quickly provide direction on whether Mopani Copper Mines will remain under the Zambia Consolidated Copper Mines Investment Holdings-ZCCM-IH, will be privatized or run with an equity partner to bring the mine to its full potential operation and copper production. 

PHOENIX NEWS 

 

 

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