By Cindy Mulomba
ZCCM Investments Holdings (ZCCM-IH) Board Chairperson Phesto Musonda says President Hakainde Hichilema’s address to the 2026 Investing in African Mining Indaba in South Africa has laid a strong foundation, sparking significant interest from the global investment community.
Mr. Musonda noted that the tone set by President Hichilema has already led to multiple inquiries, with Zambia anticipating new partnerships to be announced in the coming weeks as a result of engagements at the Indaba.
He added that the country’s leadership, together with investment heads, presented a united front focused on value addition and strategic infrastructure as key drivers for Africa’s mining sector renewal.
Meanwhile, National Pension Scheme Authority (NAPSA) Director General Muyangwa Muyangwa underscored the strategic value of the Indaba as a platform for Zambia to engage with global mining, exploration, and financing experts.
Mr. Muyangwa, who is also a ZCCM-IH Board member, reiterated Zambia’s commitment to reaching its target of 3 million metric tons of copper production. He said the Indaba has exposed ZCCM-IH to potential investors and partners, and discussions will continue beyond the event to forge meaningful and sustainable partnerships.
