ZAMBIA Chamber of Mines president Dr Godwin Beene says a big portion of the FQM US$1.35 billion package for new projects will go into capital equipment which is not made in Zambia. And Dr Beene says in the recent past, mine operators were punished through double taxation. Asked when he was featured on Diamond TV’s Costa programme on the benefits of the FQM US$1.35 billion investment, Sunday, Dr Beene said the first benefit was that the mining giant was willing to invest in Zambia. “The first benefit is that somebody is willing to bring money here. That is the first benefit, that somebody is willing to bring a total of $1.35 billion dollars to Zambia in its various forms. Let’s...

This premium content is for paid ePaper subscribers.
Subscribe
Already a member? Log in here