MINISTER of Finance and National Planning Dr Situmbeko Musokotwane has issued a Statutory Instrument No. 4 of 2025, to suspend export duty on precious stones and metals from 15 percent to free. According to a statement issued by Secretary to the Treasury Felix Nkulukusa, Tuesday, this is to allow local producers to compete more effectively during auctions and sales on the global market. “The Minister of Finance and National Planning Dr Situmbeko Musokotwane, MP, has today (Tuesday) issued a Statutory Instrument No. 4 of 2025, to suspend export duty on precious stones and metals from 15 percent to free. This is to allow local producers to compete more effectively during auctions and sales on the global market. In view of...

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