Zam­bia cham­ber of mines op­poses pro­posed min­ing tax regime

Zambian Business Times - - MINING -

Pro­posed tax changes will make it dif­fi­cult to invest in Zam­bia

Cham­ber of mines in Africa’s sec­ond largest cop­per pro­ducer has op­posed the states pro­posed min­ing tax regime. This was con­tained in a press re­lease is­sued by the COM on 04 Oc­to­ber. More tax regime in­sta­bil­ity, mas­sive in­creases, and novel taxes not seen any­where else in the world, will hurt the min­ing in­dus­try and all those who rely on its suc­cess, Zam­bia Cham­ber of Mines Pres­i­dent Nathan Chishimba said to­day af­ter an emer­gency meet­ing of min­ing com­pa­nies.

Newspapers in English

Newspapers from Zambia

© PressReader. All rights reserved.