By BUUMBA CHIMBULUTHE mining industry is currently under distress as the first set of tax relief measures announced by Government over three weeks ago which, once implemented can help sustain copper production, have not yet been enforced.Zambia Chamber of Mines (ZCM) Chief Executive Officer, Sokwani Chilembo, said the Industry was in distress as the tax relief measures pronounced by Government including suspension of import duties on concentrates had not yet been implemented.But an official at the Ministry of Finance noted that once Government had taken policy decision, it was for technocrats to implement.“The delayed implementation of the announced tax relief measures need to be taken immediately to address the issues facing the mining sector and the business community in the midst of COVID-19,” Mr Chilembo said.Mr Chilembo said in the time that had elapsed since the 27th March announcements, the industry’s circumstances had become more desperate.Government on Monday this week announced second set of tax […]
Mines in distress
