The Zambia Chamber of Mines has released a report on the impact of the Government’s proposed Sales Tax. In case you haven’t had time to read it, here are the key take-aways: The research illustrates that many Zambian mining...
Zambia has some pretty big copper mines, and is Africa’s second-largest copper producer. But how do our mines compare on a global scale? And which country has the biggest mines? Prepare to be amazed as we go through the...
Zambia’s new Government has big plans for the mining sector, with President Hichilema hoping to see the country add some 1.2 million tonnes to annual copper production within a matter of years.
While current operations have potential to increase...
Copper prices reached a seven-year peak on 1 December 2020, hitting $7,719 per metric tonne amid renewed demand, attributed to factors including China’s economic rebound, and a growing appetite globally for copper-intensive clean energy technology and Electric Vehicles.
When mining...
For an economy to thrive, goods must be transported easily and cheaply in and out of a country. Just as veins and arteries carry blood and oxygen around your body to keep it alive, road and rail infrastructure carry...
Following Zambia’s 29 April 2021 mining indaba, at which the promise of a review of mining tax policies renewed hopes that the country may be back in the running as a viable investment destination, an online conference on 26...
In 1999, at the time of privatisation of Zambia’s previously nationalised copper-mining industry, tax revenue from the industry was barely K22 million.
By 2010, just over a decade later, it had shot up to more than K8 billion. That means...
Solwezi has a unique attraction for anyone looking to build shops there – the presence in the region of three major copper mines, whose 18 000-plus employees and contractors collectively release millions of dollars of disposable income into the...
by Maya Forstater (originally posted on LinkedIn)
On Monday it was widely reported that an $8billion “tax scam” by an unnamed prominent mining company had been discovered. On Tuesday First Quantum Minerals (FQM) gave a short statement: "The Company unequivocally refutes this assessment which does...
ZESCO United’s Jesse Were and David ‘Calabar’ Owino are top quality football players. Both also happen to be Kenyan; they are just two of the six foreign players in ZESCO United’s 30-man squad.
Football teams and their management are judged by their...
