BUILDING ENABLING LEGAL FRAMEWORKS FOR SUSTAINABLE MINING & ENERGY IN ZAMBIA
In order to attract investment, Zambia is looking to streamline legal and regulatory frameworks. Priority areas for improvement include: sustainable mining and fiscal policy, improved transparency, better infrastructure development frameworks and domestic procurement policies.
POWER GENERATION IN ZAMBIA - HYDRO POWER VS ALTERNATIVE, RENEWABLE ENERGY SOURCES
The average peak demand of power has been around 2,030MW but Zambia has a deficit of up to 1000MW due to low generation. There are several plans in process to increase generation capacity to 4,000MW by 2022. These projects include renewable energies and 17 hydro power stations of different sizes.
Currently, hydro energy accounts for 90% of all power, however alternative sources of power need to be developed to alleviate the energy gap and achieve Zambia’s potential as a net exporter of electricity.
CREATING LONG TERM SUSTAINABILITY OF THE MINING SECTOR
With the recent low commodity prices, Zambia needs to strive towards a sustainable and viable mining sector to continue to contribute towards economic development. Zambia has known copper reserves of some 20 million tonnes, according to the 2016 annual US Geological Survey, that’s worth USD 95 Billion at current market prices. The southern African nation is the ninth largest copper producing nation in the world and the second in Africa. Zambia is internationally recognised as a major producer of emeralds, aquamarines, amethyst and tourmalines and the quality of the gems are highly competitive with world markets.
Developing a country mining vision is a step in ensuring that Zambia’s mineral resources contribute to the overall economic development of the country. This session will look at engaging all stakeholders in developing a vision that will support the development of a mining sector that is transparent, promotes equitable development, and provides for optimal exploitation of mineral resources.
FINANCING ENERGY AND MINING PROJECTS - OPPORTUNITIES AND CHALLENGES
Zambia needs to attract more investment in both the mining and energy sector to enable growth. During this session, industry experts will discuss incentives and opportunities for large scale investment as well as establishing strategic partnerships.
INCLUSIVE BUSINESS PRACTICES – LOCAL CONTENT AND LOCAL PROCUREMENT
The aspect of local content has become a major consideration not just in Zambia but the world over. During this session, Government industry players will outline how they are developing the mining and power sectors in Zambia to optimise local content.
LARGE POWER USERS – INCREASING PRODUCTIVITY
Due to constraints on the power supply in Zambia, Large power users have had to reduce their power consumption by approximately 25%. Zambia raised charges for mining companies that account for 55 percent of demand to 10.35 cents a kilowatt hour effective 1 Jan 2016 impacting mining operations. Power issues constrain the mining sectors ability to operate at full capacity, affecting output and jobs. What can be done to increase productivity, access to electricity and manage costs?
CROSS BORDER PROJECTS AND INFRASTRUCTURE DEVELOPMENT FOR INCREASED ECONOMIC DEVELOPMENT
As a land locked country, Zambia faces specific infrastructure challenges. Cross border and infrastructure development will foster increased economic growth for the region and attract private sector investment. Access to good roads, energy, ports, rail and airports enables the business environment, reduces costs and has a positive social impact.
CLOSING DEBATE: WHERE TO FROM HERE?
Key stakeholders will debate on the future of mining and energy in Zambia, extract the key points that can be implemented to increase productivity, investment and access to energy as well as provide their opinions on the key steps for accelerated growth in the region.