ZAMBIA Association of Manufacturers (ZAM) president Ashu Sagar has lamented that sector players are still finding it difficult to obtain VAT refunds. And Zambia Chamber of Mines Chief Executive Officer Sokwani Chilembo has called on government to introduce a waiver on imported power targeting productive sectors. Speaking during the 2024 Mid-Year Budget Economic Review, Sagar urged government to prioritise compliant taxpayers for VAT refunds. “VAT honourable minister, we did some research and we are continuing to finding challenges in getting our refunds and this is really constraining liquidity in terms of our investment back into the sector. And we see in some way if manufacturing could be prioritised as well in the VAT refund policy. And of course, those that...

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