By BUUMBA CHIMBULUTHE mining industry is confident that attaining three million tonnes of copper production per annum by 2031 is feasible, banking on the recently announced tax policy which will boost the industry by stimulating investment.Tax experts have therefore described the 2022 national budget as a good tax plan which has shifted revenue collection to direct taxes. The industry is off to a good start, says Zambia Chamber of Mines (ZCM) president, Godwin Beene, at the PWC post budget discussion in Lusaka yesterday. “This is feasible from perhaps three perspectives.What must be done is to build a pipe line of projects for exploration, this country has resources which was disadvantaged by a fiscal tax regime “So as long as we enable people in exploration to stay, that three million tonne is very small.There is no way that Government would mention that figure if he was not confident that it can happen. So I believe that […]
MINES CONFIDENT OF 3MILLION COPPER PRODUCTION
