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Foreign mining firms operating in Zambia on Saturday welcomed the government's pronouncement to revise taxes in the sector, saying this was the first step towards transformation of the industry. During the unveiling of the 2022 national budget on Friday, Finance and National Planning Minister Situmbeko Musokotwane said the government will…
Lusaka - Zambia: Zambia Chamber of Mines president, Godwin Beene, says the 2022 national budget measures announced last Friday, should be seen as a step in
* Pledges mining tax change sought by sector (Adds Chamber of Mines comment)
Output has stagnated over the past decade because of the industry’s hostile relationship with outgoing president’s government
Companies including First Quantum Minerals and EMR Capital are ready to raise funding for the projects.