{"id":442575,"date":"2011-06-16T13:18:03","date_gmt":"2011-06-16T13:18:03","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/06\/16\/extractive-industries-not-a-barrier-short\/"},"modified":"2011-06-16T13:18:03","modified_gmt":"2011-06-16T13:18:03","slug":"extractive-industries-not-a-barrier-short","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/06\/16\/extractive-industries-not-a-barrier-short\/","title":{"rendered":"Extractive Industries Not a Barrier &#8211; Short"},"content":{"rendered":"<div readability=\"38.6972860125\">\n<hr class=\"thin clear\" \/>\n<hr class=\"thin clear\" \/>\n<p><a href=\"http:\/\/www.times.co.zm\/\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" src=\"http:\/\/allafrica.com\/img\/static\/publishers\/minibanners\/timeszambia180.jpg\" alt=\"The Times of Zambia (Ndola)\" title=\"Visit The Times of Zambia (Ndola)\" \/><\/a><\/p>\n<p>16 June 2011<\/p>\n<hr class=\"thin clear\" \/>\n<p>EXTRACTIVE Industries Transparency Initative (EITI) should be looked at as an avenue to promote transparency in the utilisation of resources from extractive industries and not a barrier.<\/p>\n<p>Global Extractive Industries Transparency Initiative board chairperson Clare Short said EITI seeks to promote transparency business environment which reduces corruption.<\/p>\n<p>Stakeholders, therefore, should ensure they support and operate within the required framework to assist EITI operate effectively.<\/p>\n<p>Ms Short said there was need for new mining companies that are establishing base in Zambia to be truly transparent as doing so would help create a culture of accountability.<\/p>\n<p>She said the EITI was a global movement with 35 implementing countries across the world and promotes greater responsibility and clarity in countries rich in oil, gas and mineral resources.<\/p>\n<p>Speaking during a courtesy call on North-Western Province Permanent Secretary Fabian Mumba in Solwezi yesterday, Ms Short said issues of poor governance, corruption and mismanagement of mineral resources have resulted in some countries not doing well.<\/p>\n<p>&#8220;Zambia is not really there but the report is impressive and you have produced good report and the country is keen to produce the EITI reconciliation report,&#8221; she said.<\/p>\n<p>And the Government has launched Zambia Extractive Industries Transparency Initiative Reconciliation Report based on the 2008 audited account in Kikonde version.<\/p>\n<p>The initiative has a robust yet flexible methodology that ensures that a global standard is maintained throughout the different implementing countries.<\/p>\n<p>Zambia has produced the first reconciliation report which covers the year 2008 and the report seeks to disclose payments made by mining companies and receipts by Government agencies.<\/p>\n<p>Secretary to the treasury Likolo Ndalamei launched the summary reconciliation report in Kikonde in Solwezi yesterday.<\/p>\n<p>Mr Ndalamei said the participation of various stakeholders was critical to ensure speedy growth of the economy.<\/p>\n<p><\/p>\n<fieldset>\n<legend align=\"center\"><strong>More News on allAfrica.com<\/strong><\/legend>\n<\/fieldset>\n<p>AllAfrica &#8211; All the Time<\/p>\n<hr \/>\n<\/div>\n<\/p>\n<p>Read the original post:<br \/>\n<a target=\"_blank\" href=\"http:\/\/allafrica.com\/stories\/201106160895.html\" title=\"Extractive Industries Not a Barrier - Short\" rel=\"noopener noreferrer\">Extractive Industries Not a Barrier &#8211; Short<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> 16 June 2011 EXTRACTIVE Industries Transparency Initative (EITI) should be looked at as an avenue to promote transparency in the utilisation of resources from extractive industries and not a barrier. <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-442575","post","type-post","status-publish","format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Extractive Industries Not a Barrier - Short - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/06\/16\/extractive-industries-not-a-barrier-short\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Extractive Industries Not a Barrier - Short - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"16 June 2011 EXTRACTIVE Industries Transparency Initative (EITI) should be looked at as an avenue to promote transparency in the utilisation of resources from extractive industries and not a barrier.\" \/>\n<meta name=\"twitter:image\" content=\"http:\/\/allafrica.com\/img\/static\/publishers\/minibanners\/timeszambia180.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2011\\\/06\\\/16\\\/extractive-industries-not-a-barrier-short\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2011\\\/06\\\/16\\\/extractive-industries-not-a-barrier-short\\\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Extractive Industries Not a Barrier &#8211; 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