Fri, 22 Dec 2017 12:22:18 +0000 By Mailesi Banda ZAMBIA has been ranked the world’s 30th most attractive mining destination in the world according to the latest rankings from the Fraser Institute, a Canadian think tank, which looks at various aspects of economic freedom. As noted, Zambia fared well on the most recent survey released by the Fraser Institute, being ranked 30th out of 104 mining jurisdictions while in Africa it was the fifth most attractive mining destination in Africa, behind Ivory Coast, Botswana, Ghana, and the Democratic Republic of Congo (DRC). Zambia’s position as a mining investment of choice had been on a downward trend for some time over the past decade, with a sharp drop in 2015. However, in 2016, Zambia enjoyed a strong jump in its attractiveness as a mining destination. According to the Fraser Institute, Zambia’s drop in 2015 was due to the increase in the Mineral Royalty Tax, and the […]
