JOHANNESBURG – Coloured gemstone producer Gemfields has asked the Zambian government to remove a recently re-introduced 15 percent export tax on emeralds to avoid hurting the sector. Zambia, the world’s second largest emerald producer after Colombia, re-introduced the tax on January1, after it was suspended in 2019. “The company will engage with the Zambian government to seek the re-introduction of the suspension of this export duty or to remove it from the legislation given the impact on sector sustainability and investment attractiveness CLICK HERE TO READ MORE
Gemfields asks State to reverse emerald export tax
