ECONOMIST Professor Oliver Saasa says no tax holidays have been given to First Quantum Minerals (FQM) because of the $1.35 billion investment which was announced last week. In an interview, Prof Saasa said there were a number of “so-called specialists” commenting on the FQM investment without knowledge of the reality. “I have just concluded with my colleagues of mine a study that was contracted to Premier Consults looking at the impact of two major investments the First Quantum Minerals are about to invest in. The first three expansions of Kansanshi, Kansanshi is the biggest Copper mining in Africa by the way. It is the biggest investment in Zambia and it is the biggest taxpayer to the treasury. They are putting...

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