The state-owned mining investment company ZCCM-IH recently announced its decision to convert its right to dividend payments from its stake in Kansanshi Mining Plc to a revenue-sharing agreement, under which the company will receive a percentage of all mineral...
Anyone who has visited Kalumbila will have felt the buzz of opportunity that permeates into every corner of the town, from bustling marketplaces to sports grounds and illuminated streets. Here, fledgling businesses provide goods and services to a growing...
There is no shortage of commentary in national media which characterises the mining tax reforms that are underway as “tax holidays” or “tax breaks”. This implies that Zambia's mining companies are being excused from paying tax, or that these...
in Part 2 of this exclusive interview, Mr Michael Phiri, Tax Partner at KPMG Zambia, zooms in on mining’s financial contribution – in the past, present and future.
The Zambia Revenue Authority (ZRA) recently revealed that 41.8% of Government’s tax...
The dust has now settled since the announcement of the 2023 National Budget, during which the Minister of Finance set out the Government’s plan to revive Zambia’s economy. In this, the first in a series of exclusive interviews with...
Government set out its plan to revive Zambia’s economy during last week’s Public Symposium on the 2023 National Budget, held on Monday 3 October 2022. Mining For Zambia shares the key takeaways.
Having secured an IMF-supported program in September 2022...
Kalumbila Town was designated a Multi-Facility Economic Zone (MFEZ) on 16 September 2022, in order to fast-track economic development in North-Western Province. Naturally, Zambians will want to understand who will benefit from this decision. Mining For Zambia asked the...
As is tradition, ahead of the annual Budget announcement by the Minister of Finance, Mining For Zambia spoke to celebrated Zambian economist, Professor Oliver Saasa, to ask him about the measures we might expect to see introduced in order...
Picture a mine in Zambia, and you might imagine conveyor belts high in the sky above ore bodies below, or truckloads of ore chugging back and forth, or people in hard hats making their way into pits where mineral...
The global shutdowns following the outbreak of Covid-19 threw a spanner in the works for companies in virtually every industry. But, when a company’s only means of selling their products is getting 150 people into an auction room for...
