FORMER ZCCM-IH chief executive officer Dr Pius Kasolo has urged the UPND government to extend the royalty model to all mining companies, saying it’s a good strategy to generate revenue from the mines. During a media briefing recently, Finance and National Planning Minister Dr Situmbeko Musokotwane said the transaction which aims at converting ZCCM-IH’s dividend rights in Kansanshi Mine into royalty rights will bring more money into the country. Dr Musokotwane said discussions for the royalty model started three years ago, adding that the UPND government only took it up because the deal has merit. And in an interview, Dr Kasolo, who was ZCCM-IH’s chief executive officer until 2019, said he came up with the idea as a number of...

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