By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Daily NationDaily NationDaily Nation
  • Home
  • News
    News
    Stay informed with the latest breaking news, in-depth analysis, and exclusive reports from around the world. From politics and global affairs to science, technology, and…
    Show More
    Top News
    Chisenga Katongo urges declaration of ‘Kaunda Day’
    June 20, 2021
    Evelyn Hone launches 2022-2026 strategic plan
    February 24, 2024
    Kafubu Water owed K91m in unpaid water bills by government institutions
    February 25, 2023
    Latest News
    Let’s rise and guard our vote, Musenge appeals to Zambians
    August 11, 2026
    ECZ warns against disinformation ahead of Thursday polls
    August 11, 2026
    Free food for voters is bribery – Mukandila
    August 11, 2026
    Stop the barbaric, violent political skirmishes – HRC
    August 7, 2026
  • Business
    Business
    Your go-to source for the latest in business, finance, and the economy. Stay ahead with market trends, corporate insights, and expert analysis on entrepreneurship, investments,…
    Show More
    Top News
    China stock swoon could boost US real estate
    March 6, 2025
    Why homeowners are leaving billions on the table
    March 6, 2025
    Lock in now! Stock sell-off sinks mortgage rates
    March 6, 2025
    Latest News
    Tourism expansion can create thousands of jobs – Jito
    August 10, 2026
    From Recovery to Record Growth
    August 10, 2026
    HH directs Mopani, KCM to prioritise youth contracts
    August 5, 2026
    KCM pledges continuity in cultural preservation investment
    August 4, 2026
  • Court News
    Court NewsShow More
    Shoppers can now pay with their mobile wallet at Zambia’s largest retailer 
    August 3, 2026
    LUSAMBO LOSES BAIL BID AGAIN
    July 26, 2026
    ConCourt petitioned to clarify candidate withdrawals
    July 16, 2026
    Kabesha seeks court clarity on independent candidates
    July 2, 2026
    Court extends Mwamba’s bench warrant
    June 24, 2026
  • Sports
    SportsShow More
    Flying Fish extols FIFA World Cup final experience
    July 28, 2026
    Eam Zambia boxers advance with 3 victories in Glasgow Games
    July 28, 2026
    creation.Copper Queens wind up Algeria camp with friendly
    July 22, 2026
    Bernadette Deka Zulu lands top global position
    July 3, 2026
    Immig FC caps dream debut season with trophy presentation to immigration chief
    July 2, 2026
  • Contact
Search
NEWS
  • News
  • Local News
  • Politics
  • Health
  • Court News
  • Tie Business
  • Biz & Corporate
  • Contact Us
  • Privacy Policy
© 2026 Daily Nation Zambia. All Rights Reserved.
Reading: NO MORE!
Share
Sign In
0

No products in the cart.

Notification
Font ResizerAa
Daily NationDaily Nation
0
Font ResizerAa
  • Home
  • News
  • Business
  • Court News
  • Sports
  • Contact
Search
  • News
  • Local News
  • Politics
  • Health
  • Court News
  • Tie Business
  • Biz & Corporate
Sign In Sign In
Follow US
© 2026 Daily Nation Zambia. All Rights Reserved. Developed by GOPES.
📖 Read ePaper
Daily Nation > Blog > Local News > NO MORE!
Local News

NO MORE!

Daily Nation
Last updated: July 20, 2021 6:51 am
Daily Nation
Share
4 Min Read
SHARE

THAT over K165 million is suspected to have been lost to illegal mining in precious metals and stones last year makes sad reading.

It is a stark reminder that the authorities have failed to safeguard the country’s precious resources and allowed crooks to take centre-stage.

This is daylight robbery that should not have been allowed had measures been taken to safeguard the country’s mineral resources.

According to the 2020 Financial Intelligence Centre (FIC) trends report, of the K3.1 billion worth of suspicious transactions, K165 million was lost to illegal mining in precious metals and stones.

We are not surprised at all for we have in the past appealed to the authorities to ensure that the government steps up security in regions where precious minerals have been discovered.

We are all aware how traditional leaders in the Eastern Province repeatedly complained about the influx of foreigners from neighbouring countries who had invaded their chiefdoms to mine for gold.

Some foreigners even had the audacity to engage the local villagers to do the work for them.

In the North-Western Province, Mwinilunga’s Kasenseli area in particular, was invaded by foreigners looking for gold and other precious stones.

Not even the introduction of the Zambia Police to guard the gold fields put them off from abandoning their illegal activities.

- Advertisement -
Ad imageAd image

Zambia has a poor history of not protecting her precious mineral resources and it should not surprise anyone that so much has been lost through illegal transactions.

And the unfortunate part has been that it has been the foreigners who have struck it rich leaving the owners wallowing in poverty.

Perhaps, the emerald-rich Copperbelt rural comprising Lufwanyama best illustrates how foreigners came and made a fortune as the locals looked watched.

The emeralds mined on the Copperbelt are said to be among the best in the world but the average villager in Lufwanyana has not benefitted much.

Senior citizens on the Copperbelt will recall how people from as far as West Africa, particularly Senegalese invaded the region to mine emeralds in the 70s.

By the time the government took a keen interest in mining the emeralds, damage had already been done.

In Zimba, Southern Province, small-scale miners have through the years been mining tin and the proceeds they make do not go to the national treasury.  It is siphoned out of the country.

The FIC report should therefore not just be dismissed as one of those reports churned out yearly but should spur the nation to action and take stock of its mineral wealth.

Although a start has been made for example in Feira with the formation of gold mining cooperatives to work with the ZCCM-IH, there are still loopholes as highlighted by the FIC report.

The country’s economic woes are not insurmountable when one considers the rich resources begging to be exploited.

That K165 million lost revenue through illegal mining could make a difference and come next year, the story must change.  No more must such colossal sums of money evade Treasury.

You Might Also Like

Govt not dispensing expired drugs – Kambwili

UPND COUNCILLOR DENIES LAND SCANDAL

AVOID CREATING HATE CULTURE OVER REINSTATEMENTS, KALUMBA URGES HH

‘TAX HOLIDAYS A BLUNDER’

All business shall have equal opportunities under CF – Kalaba

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Copy Link Print
Previous Article KAPOKO’S LOVER, ACC TO SETTLE ASSETS SEIZURE OUT OF COURT
Next Article Malawi president defends daughter’s diplomatic job

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
56.4kFollowersFollow
4.4kFollowersFollow
- Advertisement -
Ad imageAd image

Latest News

MSport Zambia: The Mobile-First Betting Platform Built for Zambian Fans
Local News
August 11, 2026
Varsity students march to State House for HH.
Local News Politics Premium
August 11, 2026
Tonse security, media paralysed
Community Local News Politics Premium
August 11, 2026
Immigration nab 10 Ethiopians as 212 Congolese refugees get repatriated
Community Local News Politics Premium
August 11, 2026
//

We influence over 2 million readers and are the most preferred news platform in Zambia.

Quick Links

  • Politics
  • Court News
  • Health
  • Millennium TV

Top Categories

  • News
  • Local News
  • Politics
  • Health
  • Court News
  • Tie Business
  • Biz & Corporate

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Daily NationDaily Nation
Follow US
© 2026 Daily Nation Zambia. All Rights Reserved. Developed by GOPES.
  • Contact Us
  • Privacy Policy
Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..
Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?