By Michael Kaluba
The United Miners Union of Zambia-UMUZ- says it is crucial for government to state when the impending $5 BILLION CHINESE INVESTMENT in Zambia’s mining sector will be actualized and in which mining areas. 
China has launched the Chinese Mining Enterprise Association in Zambia -CMEAZ-, an initiative which is set to inject $5 billion in the mining industry by 2031.
UMUZ General Secretary, Yossum Nyirongo is however concerned Chinese companies tend to bypass local banks, in preference for the Bank of China, which could have negative implications for the local economy.
In an interview with Phoenix News, Mr. Nyirongo has also emphasized the need for improved social investment and corporate social responsibility from Chinese companies, pointing out that other major mining players in Zambia have invested in community infrastructure like sports teams and centers, hospitals, and schools.
He is suggesting that government should engage in discussions with Chinese investors to address these concerns, and ensure proper conditions of service are attached to the new investment alongside the expansion programs for the mining sector.
PHOENIX NEWS
