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Investors are buying President Hakainde Hichelema’s narrative of ‘New Dawn’ change, but remain sceptical about South Africa’s vague promises to break bureaucratic logjams in its mining sector.
Renewed confidence in Zambia’s investment climate has prompted the nation’s largest copper miner to unveil a US$1. 35 billion package of new projects. First Quantum Minerals (FQM) this week approved plans to invest US$1. 25 billion in its long-awaited expansion of Kansanshi’s operations in Solwe ...
Zambia has introduced a friendlier minerals tax regime as it hopes to ramp up copper production to take advantage of the commodity boom
Zambian President Hakainde Hichilema said on Friday his new government would implement policies to reduce the fiscal deficit, restore economic growth and review mining policies.
* Pledges mining tax change sought by sector (Adds Chamber of Mines comment)