FINANCE Minister Situmbeko Musokotwane says the country can’t just rely on IMF and World Bank loans and grants but also needs to do something to increase foreign exchange, which the new dawn is doing through the mining sector. In an interview, Dr Musokotwane said there was no new single mine which was opened during PF’s 10 year stay in office. “The existing investors, namely First Quantum, they are putting an extra $1.2 billion in mining to help to stabilise but also to increase output in mining production. Lumwana is putting an extra $2 billion also to expand production but [another] existing mine is Luanshya. You heard when the President came from China, Luanshya Mine is receiving a new investment of...

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